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    Ecosystem News

    Egypt’s Brotinni Secures Investment from Entilaq to Expand Regional Reach

    The startup raised $600,000 in a seed funding round led by Innlife investments in 2022.

    Ethiopian Banks Fight for Their Share of Remittances with $900M DEBO Fund

    Currently, recipients of remittances in Ethiopia have a variety of options, including mobile money services, cash pickups through agents, and direct bank deposits.

    UK-Backed AgDevCo Ventures Targets Early-Stage Agri-SMEs Across Africa with £25M Fund

    The funding from FCDO will enable AgDevCo Ventures to attract further capital, with an additional £20 million currently being raised from development finance institutions and family offices.

    With Over $10M in Funding, Tunisia’s Wattnow Aims to Use AI for Real-Time Energy Monitoring

    Wattnow is strategically positioned to capitalize on this expansion, particularly in its primary markets in Europe and the Middle East and Africa (MEA), where the market size was estimated at $11.77 billion and $1.68 billion, respectively.
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    Livestock Wealth Fails to Block Liquidation Over Investor Loan Default

    A final liquidation order means a liquidator will take control of assets, and creditors — including retail investors — will be invited to prove claims.

    Cairo’s BPO Ecosystem Opens a New Front for Transatlantic Dealmaking

    While greenfield setups remain the main vehicle for corporate expansion in Egypt's tech export sector, cross-border M&A is emerging as an alternative for North American buyers seeking rapid scale.

    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

    Livestock Wealth Fails to Block Liquidation Over Investor Loan Default

    A final liquidation order means a liquidator will take control of assets, and creditors — including retail investors — will be invited to prove claims.

    Cairo’s BPO Ecosystem Opens a New Front for Transatlantic Dealmaking

    While greenfield setups remain the main vehicle for corporate expansion in Egypt's tech export sector, cross-border M&A is emerging as an alternative for North American buyers seeking rapid scale.

    Egyptian Recycling Startup Bekia Secures $765,000 to Capture Informal Waste Economy

    Cairo-based venture targets enterprise compliance data as government pushes for 60% municipal recycling rate by 2027.

    Valued at $1.4B, Egypt’s MNT-Halan Starts Six-Month Countdown to Cairo IPO

    Can Egypt’s largest non-bank lender translate a massive $15.5bn loan book into public market glory? As MNT-Halan steps onto the trading floor under the ticker HALN.CA, the stakes couldn't be higher.