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    Venture Capital & Funding Sources

    With Previous Backing in Egypt and Tunisia, Oman Opens New $180M Fund for Startups in North Africa

    Abu Dhabi-based investment and holding company ADQ, in collaboration with the Oman Investment Authority...
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    EASTERN AFRICA

    Ugandan Health-Tech Startup MamaOpe Medicals Closes Funding Round for Innovative ‘Smart Jacket’ Pneumonia Diagnosis Tool

    Uganda-based MamaOpe Medicals has recently announced the successful closure of an investment round aimed...
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    Policy & Regulations Forum

    New Rule Sets $5,200 Recovery Limit for Users of South African Digital Banks in Case of Failure

    Concerns over the security of bank deposits have persisted among South Africans, particularly in...
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    WESTERN AFRICA

    Y Combinator-backed Nigerian Cleantech Startup Oolu Acquired in Landmark Deal

    In a strategic move aimed at bolstering renewable energy access across West Africa, Ignite...
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    Updates

    Middle East Conflict Forces Egypt’s Financial Sector into Remote Work as Petroleum Bill Hits $2.5bn

    Here is a breakdown of the policy, the economic conditions driving it, and how it will affect businesses on the ground.
    Ecosystem News

    Novastar Closes $147m Africa Climate Fund as Japanese Corporates Pile Into VC

    The composition of Novastar's Limited Partners (LPs) for NVIII highlights an evolving trend in African VC.

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    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.
    Partner Content

    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

    Updates

    Middle East Conflict Forces Egypt’s Financial Sector into Remote Work as Petroleum Bill Hits $2.5bn

    Here is a breakdown of the policy, the economic conditions driving it, and how it will affect businesses on the ground.
    Ecosystem News

    Novastar Closes $147m Africa Climate Fund as Japanese Corporates Pile Into VC

    The composition of Novastar's Limited Partners (LPs) for NVIII highlights an evolving trend in African VC.
    Updates

    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
    Ecosystem News

    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.

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