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    Ecosystem News

    AI-Powered Legaltech Startup Definely Grabs $7M with Zrosk Backing

    African investment firm Zrosk Investment has thrust legaltech startup Definely into the spotlight,...

    Lesaka Acquires South African Leading Payment Platform Adumo, Welcomes New Investors Apis and ARC

    Lesaka Technologies, Inc., a company registered in the state of Florida, USA, listed on...

    Accel Leads $4M Investment in Swypex, a Gamechanger for Egyptian Corporate Cards

    Swypex, a recently emerged Egyptian corporate cards startup still in beta, managed to secure...

    From Workflow Tech to Identity Leader: Nigeria’s Seamfix Secures $4.5 Million for Next Phase

    Seamfix, a 17-year-old Nigerian identity solutions leader, secured its first institutional investment of $4.5...
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    Egypt Salvages Startup Accelerator After USAID Collapse

    ITIDA stepped in to fund a programme that lost its US development finance backing, as 61 startups from Upper Egypt collectively attracted EGP 200 million in investment

    Breega Nets $8.5m From AfDB as Development Bank Ramps Up VC Appetite

    Both recent AfDB commitments were structured as first-loss tranches via the European Commission’s Boost Africa programme—a blended finance move designed to shield private capital from initial losses.

    Egypt’s Telda Abandons the Unbanked to Chase Egypt’s Consumer Credit Boom

    Startup backed by Sequoia Capital abandons original focus on the unbanked to build a vertically integrated financial group.

    Moniepoint Rides Wave of Nigerian Fintech Consolidation as Venture Funding Retreats

    While Orda currently operates in Nigeria and Kenya, this acquisition only covers its Nigerian operations, leaving the future of its Kenyan arm undecided.

    Latest articles

    Egypt Salvages Startup Accelerator After USAID Collapse

    ITIDA stepped in to fund a programme that lost its US development finance backing, as 61 startups from Upper Egypt collectively attracted EGP 200 million in investment

    Breega Nets $8.5m From AfDB as Development Bank Ramps Up VC Appetite

    Both recent AfDB commitments were structured as first-loss tranches via the European Commission’s Boost Africa programme—a blended finance move designed to shield private capital from initial losses.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs

    A policy push in Accra is reshaping who finances growth companies in West Africa.