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    Ecosystem News

    Shorooq Partners, Backers of Egypt’s Breadfast, Closes Second Credit Fund at $100 Million

    Shorooq Partners, a Middle East and North Africa (MENA) alternative investment firm, announced the...

    Delivery Hero Leads $16 Million Funding Round for Egyptian HoReCa Disruptor OneOrder

    OneOrder, the Egyptian disruptor in HoReCa supply chain management, has secured $16 million in...

    Short-Lived Partnership Ends in Acquisition: Canadian Bus Ticketing Firm Takes Over South Africa’s Ratality

     Busbud, a global leader in ground travel booking, has announced the acquisition of Ratality,...

    Egypt’s Birdnest Wants to Become Leading Short-Term Rental Platform in MENA with New Funding

    Birdnest, an Egyptian property rental platform founded in 2020, has announced the successful...
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    After 14 Years of Bootstrapping, Cybervergent Raises $3M Seed to Scale AI Compliance Platform

    The deal continues a broader trend of Nigerian VCs backing foreign startups or local companies with continental ambitions, as Nigeria’s economy faces mounting macroeconomic challenges.

    From Payments to Credit: Fawry’s Next Act Is Lending

    Egypt's dominant fintech nearly doubled its profits in 2025.

    Western Union and Cassava’s Sasai Target South Africa’s $1bn Outbound Remittance Market

    While the narrative around African remittances often focuses on inflows from Europe and the US, South Africa presents a lucrative inverse opportunity.

    SolarAfrica Buys Out Its Own Backer in $39m Secondary

    The CESA buyout comes as SolarAfrica is simultaneously executing a broader transition in its business model 

    Latest articles

    After 14 Years of Bootstrapping, Cybervergent Raises $3M Seed to Scale AI Compliance Platform

    The deal continues a broader trend of Nigerian VCs backing foreign startups or local companies with continental ambitions, as Nigeria’s economy faces mounting macroeconomic challenges.

    From Payments to Credit: Fawry’s Next Act Is Lending

    Egypt's dominant fintech nearly doubled its profits in 2025.

    FMO Backs Persistent’s Bid to Build Africa’s Climate Tech Pipeline

    The VB Facility will deliver pre- and post-investment support to startups operating in sectors including distributed solar, energy efficiency, electric mobility, agritech and circular economy solutions.

    From iROKOtv to Showmax: Is the ‘Netflix of Africa’ Dream Officially Dead?

    As Showmax begins its shutdown in the wake of a capital-intensive global streaming war, it joins a long list of well-funded, ambitious local platforms...