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    Ecosystem News

    4DX Ventures Fund III Raises $48.9M to Target African Startups

    4DX Ventures Fund III will focus on companies offering tech solutions that enhance productivity, efficiency, and competitiveness across Africa. The firm’s previous funds have invested in notable companies like Egypt’s e-commerce platform MaxAB, Ghana’s health tech firm mPharma, and Kenya’s B2B e-commerce platform Wasoko.

    Footballers Koundé and Tchouameni Back Senegalese Logistics Startup Paps in New Funding Round

    Founded in 2016 by Bamba Lo and Rokhaya Sy, Paps offers a suite of technology-driven logistics solutions designed to streamline supply chains for businesses across Africa.

    US DFC Pours New Funding into Kenyan Startups Following President Ruto’s State Visit

    DFC has allocated $10 million each to Mogo Auto Kenya and BasiGo to further advance e-mobility solutions in Kenya. This aligns with President Ruto’s Africa Green Industrialization Initiative and builds upon DFC’s existing support for sustainable transportation in the country.

    Egypt Approves First-Ever Fintech Startup for SME Financing

    The Financial Regulatory Authority (FRA) of Egypt has announced the approval of two significant...
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    Renew Capital Is Hunting for Founders Who Can Unlock Africa’s $330bn Untapped Credit Market

    Renew Capital is anchoring its new program on the premise that this exclusion is driven by underutilized data rather than inherent borrower risk.

    Madica Backs AI-First African Startups as It Refines Its Pre-Seed Playbook

    The Flourish Ventures-affiliated programme is standardising its "ticket-plus-support" mode.

    SafeBoda Pivots to Corporate Clients as Kampala’s Regulatory Crackdown Threatens Its Ride-Hailing Core

    This latest pivot suggests the company may be approaching the limits of its ability to absorb sustained regulatory pressure.

    Latest articles

    Renew Capital Is Hunting for Founders Who Can Unlock Africa’s $330bn Untapped Credit Market

    Renew Capital is anchoring its new program on the premise that this exclusion is driven by underutilized data rather than inherent borrower risk.

    Madica Backs AI-First African Startups as It Refines Its Pre-Seed Playbook

    The Flourish Ventures-affiliated programme is standardising its "ticket-plus-support" mode.

    Hassanein Hiridjee’s Outsized Stake Reshapes Power at Jumia Technologies

    Whether this influence evolves into a full takeover remains uncertain.

    Egyptian Fintech Lucky Hits Profitability, Raises $23m Series B for North African Expansion

    The latest round comprises a mix of equity and debt.