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    Ecosystem News

    Alter VC’s New $30M Fund Targets Startups in Nigeria, Kenya, and Egypt

    The firm, which began as a nonprofit entrepreneurial support organization nine years ago, has already raised nearly $5 million of the fund, according to its latest regulatory filing.

    Kenya’s Jackfruit Finance Secures Funding to Advance Education Financing

    Jackfruit Finance’s approach involves a technology-driven solution that simplifies the loan application process for schools.

    Startup Act: Inside the New Startup Labelling System in Benin Republic

    Startups seeking the startup label must submit their applications online to the Technical Labelling Committee.

    Nigeria’s Central Bank Delays Binance Executive’s Trial

    Gambaryan, a U.S. citizen and former IRS Special Agent, has been detained in Nigeria for over six months on charges of tax evasion and money laundering, despite having no decision-making authority at Binance.
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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.