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    Ecosystem News

    Morocco ’s $4.1 Billion Mohammed VI Investment Fund Seeks Fund Managers for Debut Startup Funds

    The Mohammed VI Investment Fund (FM6I) has announced its call for expression of interest...

    Fuzé Investment Series: Tunisian TravelTech Wantotrip Joins the Roster

    In a move set to redefine the travel technology sector, Fuzé has announced its...

    How Egyptian Online Grocery Startup Breadfast Doubled Its Revenue and Turned Profitable Despite Currency Depreciation

    Egypt has devalued its currency four times since 2022, but one startup seems to...

    DFS Lab is Backing African Startups, Thanks to a Partnership with Stellar Development Foundation

    DFS Lab and the Stellar Development Foundation have initiated the DFS Lab Stellar Africa...
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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...