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    Ecosystem News

    Rwanda Green Fund Invests $2M in Green Startups via Ireme Invest

    BasiGo Rwanda was awarded a RWF 300 million (USD 225,000) recoverable grant from Ireme Invest, the Rwanda Green Fund 's green investment facility.

    Tanzanian Fintech Nala Raises $40M Series A for Global Expansion

    This $40 million funding round marks a pivotal moment for Nala. It will enable us to go beyond remittances and extend our reach beyond Africa, building a robust payments ecosystem

    Candi Solar Secures $19 Million to Boost Clean Energy in Africa

    When we started in South Africa, load shedding was not a big topic...

    Ghanaian Agritech Startup Sommalife Raises New Funding to Expand Operations

    This investment from Wangara Green Ventures will enable Sommalife to expand its operations, reaching more farmers in rural communities...
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    Defense, Logistics and the ‘Home’ Bias: Mapping Africa’s Q1 Startup Capital Flows

    First-quarter data reveals a fracturing landscape, with domestic funds diverging sharply from foreign backers.

    Africa’s Most Active Startup Investors in Q1 2026 — and Where They Put Their Money

    While fintech remains a dominant sector for African venture capital, the nature of the deals has changed.

    Egypt’s Telda Abandons the Unbanked to Chase Egypt’s Consumer Credit Boom

    Startup backed by Sequoia Capital abandons original focus on the unbanked to build a vertically integrated financial group.

    Moniepoint Rides Wave of Nigerian Fintech Consolidation as Venture Funding Retreats

    While Orda currently operates in Nigeria and Kenya, this acquisition only covers its Nigerian operations, leaving the future of its Kenyan arm undecided.

    Latest articles

    Defense, Logistics and the ‘Home’ Bias: Mapping Africa’s Q1 Startup Capital Flows

    First-quarter data reveals a fracturing landscape, with domestic funds diverging sharply from foreign backers.

    Africa’s Most Active Startup Investors in Q1 2026 — and Where They Put Their Money

    While fintech remains a dominant sector for African venture capital, the nature of the deals has changed.

    Egypt Bears Brunt of Regional War as African Startup Funding Dips 8% in Q1

    The downturn contrasts sharply with January and February.

    Middle East Conflict Forces Egypt’s Financial Sector into Remote Work as Petroleum Bill Hits $2.5bn

    Here is a breakdown of the policy, the economic conditions driving it, and how it will affect businesses on the ground.