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    Ecosystem News

    IFC Mulls $13M Equity Stake in Egyptian Grocery Leader Breadfast

    According to data from VNV Global, a key Swedish investor in the startup, Breadfast’s fair value rose by 31% in the first nine months of 2025.

    Egypt’s Nawah Scientific Raises $23M Series A to Export Its “Cloud Lab” Model to Rwanda and Saudi Arabia

    Founded in 2015, Nawah began as a solution to Sakr’s own frustrations as a researcher unable to find adequate lab facilities in Egypt.

    Lagos Enters the Mobility Wars With a $100m War Chest to Rival Uber’s Moove

    The battle for the soul of Lagos's transport system just got a nine-figure injection.

    In a Debt-Heavy Solar Sector, Sun King Lands Rare $40m Equity Round From Lightrock

    The latest funding rounds out a massive year for the solar giant, following a record-breaking securitisation deal in Kenya.
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    OpenAI, Google Mentors Join MEST’s Hunt for Africa’s AI Startup Talent

    The Meltwater-backed tech school is hunting for early-stage AI founders in Ghana, Nigeria, Senegal and Kenya, blending months of training with a route to its investment portfolio.

    GrowthLabs Acquires Startup Gate to Unify MENA’s Fragmented Tech Ecosystem

    With the integration underway, GrowthLabs is stepping on the gas for geographic and product expansion.

    The Hidden Machinery Behind Egypt’s Quiet Adtech Exit Boom

    Global buyers are snapping up Cairo-based marketing startups, capitalising on years of rigorous local consolidation.

    78% Below Cost: The Unforgiving Math Behind Digital Health Startup Vezeeta’s Pivot to Bricks and Mortar

    The deal is the most tangible sign yet that Egypt’s best known digital health platform is pivoting towards a hybrid model at a time when the purely online playbook is struggling

    Latest articles

    OpenAI, Google Mentors Join MEST’s Hunt for Africa’s AI Startup Talent

    The Meltwater-backed tech school is hunting for early-stage AI founders in Ghana, Nigeria, Senegal and Kenya, blending months of training with a route to its investment portfolio.

    GrowthLabs Acquires Startup Gate to Unify MENA’s Fragmented Tech Ecosystem

    With the integration underway, GrowthLabs is stepping on the gas for geographic and product expansion.

    AFC Injects $100M into African VC Funds to Bridge the Local Capital Gap

    Despite African startups raising $3.8bn in 2025, the vast majority of that venture funding flowed from international sources.

    London’s Lightrock Closes $500M Fund to Back Energy Access Firms Across Africa and Asia

    The fund targets a critical bottleneck in emerging market climate tech: the lack of growth-stage capital for established operators.