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    Ecosystem News

    Ecosystem News

    Silent Exit: Egyptian Fintech Cassbana Shuttered Operations After Losing $2M Funding

    Co-founders Mohamed Tarek and Mostafa Barakat have since left the company to pursue other endeavors, and Cassbana’s website is no longer active.
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    Ecosystem News

    Egypt’s Banque Misr Invests $114 Million in Newly Licensed Digital Bank OneBank

    The Central Bank of Egypt granted initial approval for OneBank in May, marking the completion of the first phase of the rigorous licensing process, which includes three stages.
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    Venture Capital & Funding Sources

    GO LIVE FUND Secures $4.8 Million Backing from ANAVA, Targets Tunisian ‘Pain Killer’ Startups

    The GO LIVE FUND, an €8 million ($8.6M) fund with a first closing at €6 million ($6.6M), aims to support 36 B2B startups in their initial development phase.
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    NORTHERN AFRICA

    Fuzé Investment Series: Tunisian Precision Farming Startup Seabex Joins the List

    “We are very proud to have Digital Africa by our side as we embark on our expansion plans in Africa,” said Amira Cheniour, Co-Founder and General Manager of Seabex.
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    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.
    Ecosystem News

    South African Insect Protein Startup Inseco Shuts Down After Raising $5.3M — ‘We Made Some Bad Hires’

    "The most important lesson I've learned is that success isn't just about technology. It's about timing, resilience and a healthy dose of luck."

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    Saviu Ventures Continues Exit Spree with Kamtar Sale

    The Francophone Africa-focused VC has sold its majority stake in the Ivorian logistics startup to Logidoo, marking another major exit of 2025.
    Partner Content

    Pezesha Founder Joins Africa’s New Wave of Founder-Investors

    The dual role reflects an emerging pattern in African venture capital, where founders leverage operational expertise whilst pursuing investment opportunities.

    Latest articles

    Updates

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.
    Ecosystem News

    South African Insect Protein Startup Inseco Shuts Down After Raising $5.3M — ‘We Made Some Bad Hires’

    "The most important lesson I've learned is that success isn't just about technology. It's about timing, resilience and a healthy dose of luck."
    Partner Content

    The British Remittance Fintech Powering Central Africa’s $1B Mobile Money Boom

    The rise of mobile money remittances is having a profound impact on the CEMAC region.
    Updates

    Sixty60: The $1.7M Seed Investment That Built a $1B Delivery Empire for Shoprite

    This milestone is not just a story of a legacy retailer adapting to the digital age; it’s a case study in strategic partnership.

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