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    Ecosystem News

    Nigeria’s Ekiti State Aims to Become Africa’s Silicon Valley with $80 Million Tech Hub Investment

    The African Development Bank (BAD) has announced a groundbreaking initiative, revealing on February 22nd...

    Arnergy Secures $3 Million Funding Boost to Drive Clean Tech Expansion in Nigeria

    Arnergy, a Nigerian clean tech startup, has successfully raised $3 million in funding from...

    DisrupTech Fund Reveals $220 Million Investment Plan for Egyptian Startups

    Mohamed Okasha, chairman and co-founder of DisrupTech Fund, unveiled plans to inject $220 million...
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    Egypt’s Khazna Targets Saudi IPO After $16M Round

    Khazna's goal is to have 40-50% of its business in Saudi Arabia within four years, which would make a Tadawul IPO possible.

    IFC Backs Flat6Labs’ $85m Africa Seed Fund

    The Netherlands-based fund will focus on pre-seed and seed-stage investments in North, West, and East Africa.

    UK Backs New GSMA Innovation Fund for African AI Startups

    The fund will offer grants ranging from £100,000 to £250,000 for projects lasting 15–18 months.

    New $5bn Lifeline for African Renewable Energy Firms as Exchange Rates Bite

    In 2023, African cleantech firms borrowed heavily, then suddenly paused in 2024. …But a new lending honeycomb is being built once more.

    Latest articles

    Egypt’s Khazna Targets Saudi IPO After $16M Round

    Khazna's goal is to have 40-50% of its business in Saudi Arabia within four years, which would make a Tadawul IPO possible.

    IFC Backs Flat6Labs’ $85m Africa Seed Fund

    The Netherlands-based fund will focus on pre-seed and seed-stage investments in North, West, and East Africa.

    Tunisia’s EasyBank Secures Funding to Expand Digital Financial Services Across MENA and France

    The investment will support EasyBank’s entry into new markets, with a focus on the Middle East, North Africa, and France.

    Armed with $30M, Egypt’s Beltone Capital Became a Top Startup Investor in Africa in 2024

    Beyond Egypt, BVC extended its reach into North Africa and Europe with notable investments.