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    Ecosystem News

    Ivory Coast-Based Fintech Hub2 Secures New Funding to Expand Payment Services

    In a subsequent funding round in September 2023, HUB2 received a €1.25 million equity investment from ESSOR PME La Réunion.
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    Latest Funding

    Profitability-Focused Cartona Raises $8.1M for Egyptian Expansion and Potential Saudi Entry

    Cartona’s asset-light approach has allowed them to scale rapidly, as evidenced by their annualized gross merchandise volume (GMV) increasing from EGP 2.3 billion ($120 million) in 2022 to EGP 10 billion ($210 million) currently. This scalability is appealing to investors seeking high-growth potential.
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    EASTERN AFRICA

    Kenya’s Sukhiba Connect Secures Additional Funding to Scale WhatsApp-Based Commerce Platform

    Kenya’s high WhatsApp penetration, with 97% of internet users utilizing the platform according to a 2022 survey, has been a catalyst for Sukhiba’s growth.
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    NORTHERN AFRICA

    TLcom Capital & Plus VC Lead $2.5M Investment in Egypt’s Educatly

    The funding will be used to solidify Educatly’s presence in key markets across the Middle East and Africa, including Egypt, Saudi Arabia, the United Arab Emirates, Nigeria, Kenya, and Ireland.
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    E-Mobility, Stablecoins, and DFI Retreat to Debt: African Funding Themes Take Shape in 2026

    Taken together, these three themes point to a funding environment that is becoming increasingly polarised.
    Analysis & Opinions

    Local VCs Are Quietly Retreating From African Startup Cap Tables

    Analysis of deal data for the first half of 2026 shows a sharp decline in the presence of Africa‑based investors on cap tables.

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    Partner Content

    The Anti-VC Pivot: Wasoko Founder Launches $100M Fund to Back Migration and Manufacturing

    "Venture-scale returns are only possible in a small subset of business models."
    Hard Talks

    From Profitability to $10M ARR: How Prembly Cracked Africa’s Identity Infrastructure

    "We’re processing around seven million unique verifications per month, up from 4.7 million."

    Latest articles

    Updates

    E-Mobility, Stablecoins, and DFI Retreat to Debt: African Funding Themes Take Shape in 2026

    Taken together, these three themes point to a funding environment that is becoming increasingly polarised.
    Analysis & Opinions

    Local VCs Are Quietly Retreating From African Startup Cap Tables

    Analysis of deal data for the first half of 2026 shows a sharp decline in the presence of Africa‑based investors on cap tables.
    Updates

    Franchising and the 90-Day Threshold

    If you stepped away for 90 days, would your franchise brand survive?- By Larry Hodes, CEO Grow Franchising & FASA Board Member
    Updates

    Dawar Raises Debt Facilities to Bring Traceability to Egypt’s Recycling Industry

    Egyptian platform Dawar Circular Solutions has secured nine-figure financing facilities denominated in Egyptian pounds...

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