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    Venture Capital & Funding Sources

    Launch Africa Unveils Hybrid Debt-Equity Fund to Close Africa’s $400bn Growth Capital Gap

    Over the past three years, Launch Africa Ventures has emerged as a dominant player in Africa’s venture capital ecosystem, investing in more than 150 technology companies across 23 African countries.
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    Venture Capital & Funding Sources

    First Circle Africa Fund I Lands New Investor, Targets Fintech Startups

    First Circle Capital’s investment strategy is designed to go beyond payments, an area that has historically dominated fintech funding in Africa.
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    Ecosystem News

    Egypt’s FlapKap Secures $34M Pre-Series A Funding to Scale SME Financing Across MENA

    FlapKap’s goal is to scale its impact across the MENA region, providing essential capital to SMEs that often face barriers in accessing traditional financing.
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    Ecosystem News

    Goodwell Investments Eyes Exit from Nigeria’s Paga After 13 Years

    Paga was one of the first in Nigeria to offer a mobile wallet solution at scale, allowing independent agents to help users deposit and withdraw money via their phones.
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    Vercel Extends Acquisition Spree With Egypt’s Stakpak Deal

    P1 Ventures vindicated as Vercel snaps up second portfolio company in a week.
    Updates

    Karooooo’s Delivery Arm Rides Quick-Commerce Wave as Fleet-Tracking Core Matures

    South African vehicle-tracking group Karooooo is quietly building a second growth engine in the form of an ultra-fast delivery business that is expanding at more than twice the pace of its established Cartrack fleet-management operations. The company, which is listed on Nasdaq with a secondary...

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    From Pilot to Profit: Kenya’s Jackfruit Finance Takes Its School Lending Model Across East Africa

    The move to a revenue-sharing arrangement marks a transition away from subsidised pilot funding.
    Partner Content

    Koko Networks Puts Ethanol Platform on the Block in $15m Asset Sale

    The sale is being targeted at corporate and institutional participants with demonstrated financial capacity to conclude a transaction exceeding $15m.

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    Updates

    Vercel Extends Acquisition Spree With Egypt’s Stakpak Deal

    P1 Ventures vindicated as Vercel snaps up second portfolio company in a week.
    Updates

    Karooooo’s Delivery Arm Rides Quick-Commerce Wave as Fleet-Tracking Core Matures

    South African vehicle-tracking group Karooooo is quietly building a second growth engine in the...
    Ecosystem News

    Uber to Acquire Glovo and Talabat’s African Operations Under Delivery Hero’s $16.9bn Takeover

    Transaction will give US ride-hailing and delivery group a foothold in fast-growing markets including Egypt, Kenya and Nigeria.
    Partner Content

    Rooibos Becomes South Africa’s Latest Export — to Space

    Rooibos seeds bound for the International Space Station in initiative linking space plant science with skills development.

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