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    EASTERN AFRICA

    BasiGo Secures $42M to Electrify Public Transport in Kenya and Rwanda

    The Series A equity round was led by Africa50, a pan-African infrastructure investment fund, marking a major milestone as the largest investment by an African fund in an electric mobility company.

    Egypt’s Sawari Ventures Targets West and East African Startups in New $200M Fund

    Approximately 70% of the total fund, or about $140 million, is earmarked for investments within Egypt over the next four to five years.

    Lapaire Raises $3.2M for Eye Care Expansion Across Africa

    This latest investment follows a previous funding round in January, where Lapaire secured $3 million to bolster its growth.

    “We Succeeded in Acquiring the Tech Back” — iProcure Co-Founder Reflects on Journey Post-Administration

    "We had to employ executives who took stock options and were paid four times our salary for something we spent eight years building."
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    Paymob Scoops $35M as GCC Market Hits Nearly Half of Group Revenue

    Egyptian payments provider gains backing from Mubadala and EBRD as revenues triple across Middle East markets

    Spiro Takes Total Debt From Africa Go Green Fund to $36M

    Additional $18m loan backed by Swedfund-capitalised fund will expand battery-swapping infrastructure across Uganda and Rwanda.

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.

    Four Startups, One Lead Investor: Inside Atlantica’s African AI Infrastructure Thesis

    A Lagos-based venture firm has backed four AI-native infrastructure start-ups in 18 months.

    Latest articles

    Paymob Scoops $35M as GCC Market Hits Nearly Half of Group Revenue

    Egyptian payments provider gains backing from Mubadala and EBRD as revenues triple across Middle East markets

    Spiro Takes Total Debt From Africa Go Green Fund to $36M

    Additional $18m loan backed by Swedfund-capitalised fund will expand battery-swapping infrastructure across Uganda and Rwanda.

    Mission Mobile Gets $30M From DNI to Take on M-KOPA in South Africa’s Device Financing Boom

    Pepkor, through its FoneYam platform, accounts for a dominant share of prepaid handset sales in the country .

    Complete Farmer Nears $12m Equity Haul as World Bank’s IFC and BIFT Back Ghanaian Agritech

    The capital injection aims to address persistent supply chain fragmentation and credit bottlenecks that restrict smallholder crop yields across West Africa.