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    Ecosystem News

    Ecosystem News

    AfricInvest Ends Multi-Year Bet on Egyptian Fintech MDP

    The company, co-founded and led by Ahmed Nafie, offers an end-to-end digital payment infrastructure solution across Africa and the Middle East.
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    Ecosystem News

    Jumia’s Toughest Test Yet: Surviving Without Its Most Patient Investor, Baillie Gifford

    One thing seems clear: with its most patient backer now gone, Jumia’s margin for error has never been thinner.
    Read more
    Ecosystem News

    Egypt’s Top Fintech VC Leans Into AI and Exportable Startups to Ease Economic Strain — “AI will be central for us now”

    “Egypt is not just a large market — it is a deep reservoir of talent.”
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    EASTERN AFRICA

    Shell- and USAID-Backed SolarNow Forced Into Liquidation After $20M+ Funding

    The company’s shareholders have resolved to wind up the firm via a creditors’ voluntary liquidation.
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    Moniepoint-Backer Lightrock Africa Secures IFC Anchor for New $200M Growth Fund

    The World Bank Group's private sector arm is anchoring the Nairobi-headquartered manager's second African growth equity vehicle, which targets eight to twelve portfolio companies across Nigeria, Kenya, and South Africa.
    Updates

    Valu Expands to Jordan With $7m — but Its Fastest Growth Is Coming From Payments, Not Loan

    Egypt's largest consumer fintech posted its first full-year results since listing.

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    Partner Content

    A New Wave of Tech Firms Is Tapping Nigeria’s Public Debt Market

    The broader market backdrop explains why more technology companies are exploring this route.
    Partner Content

    Ziidi Trader: Safaricom Captures Half of Kenya’s First Major IPO in 20 Years

    The Kenyan government’s sale of a 65% stake in KPC raised 106.3 billion Kenyan shillings ($823.1m).

    Latest articles

    Updates

    Moniepoint-Backer Lightrock Africa Secures IFC Anchor for New $200M Growth Fund

    The World Bank Group's private sector arm is anchoring the Nairobi-headquartered manager's second African growth equity vehicle, which targets eight to twelve portfolio companies across Nigeria, Kenya, and South Africa.
    Updates

    Valu Expands to Jordan With $7m — but Its Fastest Growth Is Coming From Payments, Not Loan

    Egypt's largest consumer fintech posted its first full-year results since listing.
    Updates

    African Startup Deal Tracker — Newest Deals

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

    Dutch VC Aqua-Spark Secures $48m for African Blue Economy Fund, Backed by KfW and AgriFI

    The close marks the culmination of a fundraising process that began in 2021.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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