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    Ecosystem News

    Egypt’s ValU Secures $24.8 Million to Fuel Expansion in Financial Services

    ValU, a leading Egyptian fintech company, empowers millions through its "U" BNPL platform and diverse innovative products like "AZ Valu" and "EFG Hermes ONE."

    Launch Africa Investment Series: Servisor, a South African Car Service Marketplace Joins the List

    Launch Africa Ventures, a prominent Pan-African venture capital firm, has announced its investment in...

    Post-Mortem: How Fintech Startup Zazuu Left Barely £3000 for Investors to Redeem After $2M Funding

    The statement shows that Zazuu's assets are alarmingly meager, totaling a mere £3,300 in cash.

    How £21M of Debt Sank the Fresh Funding Quest for Failed SA Startup WhereIsMyTransport

    Despite raising over $27 million in funding since its inception in 2016, the company had only £180,000 (approximately $225,000) left to settle its obligations as of the date of filing for insolvency...
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    Acumen’s ARAF Fund Raises $90m to Take Its Climate-resilience Playbook to North Africa

    "Climate change is a fact of life, and climate resilience for farmers is the difference between a good season and the risk of losing everything."

    Vercel Extends Acquisition Spree With Egypt’s Stakpak Deal

    P1 Ventures vindicated as Vercel snaps up second portfolio company in a week.

    From Pilot to Profit: Kenya’s Jackfruit Finance Takes Its School Lending Model Across East Africa

    The move to a revenue-sharing arrangement marks a transition away from subsidised pilot funding.

    Koko Networks Puts Ethanol Platform on the Block in $15m Asset Sale

    The sale is being targeted at corporate and institutional participants with demonstrated financial capacity to conclude a transaction exceeding $15m.

    Latest articles

    Acumen’s ARAF Fund Raises $90m to Take Its Climate-resilience Playbook to North Africa

    "Climate change is a fact of life, and climate resilience for farmers is the difference between a good season and the risk of losing everything."

    Vercel Extends Acquisition Spree With Egypt’s Stakpak Deal

    P1 Ventures vindicated as Vercel snaps up second portfolio company in a week.

    Karooooo’s Delivery Arm Rides Quick-Commerce Wave as Fleet-Tracking Core Matures

    South African vehicle-tracking group Karooooo is quietly building a second growth engine in the...

    Uber to Acquire Glovo and Talabat’s African Operations Under Delivery Hero’s $16.9bn Takeover

    Transaction will give US ride-hailing and delivery group a foothold in fast-growing markets including Egypt, Kenya and Nigeria.