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    EASTERN AFRICA

    Ethiopian Banks Gain New Investment Powers: Startups, Others Now Fair Game

    Banks can hold up to 10% equity shares in a single non-banking business other than insurance.
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    Ecosystem News

    Fuzé Investment Series: Tunisian Health-tech ReMotion Rehab Joins the List

    The company’s business model, which combines a subscription-based service with equipment sales, aligns with the growing tele-rehabilitation market, projected to reach USD 15.9 billion by 2032 (Global Market Insights, 2023).
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    EASTERN AFRICA

    TerraPay Secures $95M to Fuel African Remittance Growth, Backed by Major Investors

    The company’s cap table is notably influenced by the IFC, Partech Africa, and Prime V Holding 2 B.V., all of whom have shown continued support for TerraPay’s mission.
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    Ecosystem News

    Egypt’s dopay Secures $13.5M to Expand Digital Payroll Solutions for Underbanked Workers

    dopay’s expansion plans include the development of a self-financing lending model in collaboration with partner banks, which will leverage deposited funds to create a sustainable lending portfolio
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    EU-Backed Anara Capital Closes $48m to Fund North African Social Impact Startups

    Amsterdam-based Anara Impact Capital has secured a $48m first close for its debut fund, anchored by the EU and the German government.
    Updates

    As VC Pulls Back, Cascador Bets $5.6m on Nigeria’s Growth-Stage Startups

    Seven ventures in clean energy, agriculture, AI and healthcare received catalytic funding from the Lagos-based accelerator, in a sign of continued investor appetite for Nigeria's real economy.

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    The Anti-VC Pivot: Wasoko Founder Launches $100M Fund to Back Migration and Manufacturing

    "Venture-scale returns are only possible in a small subset of business models."
    Hard Talks

    From Profitability to $10M ARR: How Prembly Cracked Africa’s Identity Infrastructure

    "We’re processing around seven million unique verifications per month, up from 4.7 million."

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    Updates

    EU-Backed Anara Capital Closes $48m to Fund North African Social Impact Startups

    Amsterdam-based Anara Impact Capital has secured a $48m first close for its debut fund, anchored by the EU and the German government.
    Updates

    As VC Pulls Back, Cascador Bets $5.6m on Nigeria’s Growth-Stage Startups

    Seven ventures in clean energy, agriculture, AI and healthcare received catalytic funding from the Lagos-based accelerator, in a sign of continued investor appetite for Nigeria's real economy.
    Ecosystem News

    From African Mines to AI Data Labs: Soros-Backed Fund Targets Supply Chain Blind Spots

    The fund’s portfolio includes tools for worker voice, AI-powered supplier mapping and cleaner critical mineral processing.
    Updates

    E-Mobility, Stablecoins, and DFI Retreat to Debt: African Funding Themes Take Shape in 2026

    Taken together, these three themes point to a funding environment that is becoming increasingly polarised.

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