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    Ecosystem News

    Egypt’s First SPAC Merger Sealed with $23M Acquisition of Fintech Startup Qardy

    In August 2024, Qardy closed a seven-figure pre-seed funding round backed by investors including White Field Ventures, Vastly Valuable Ventures, and a number of angel backers.

    Egypt’s Si-Ware, Africa’s Prolific Patent Filer, Sells Flagship Product to Swiss Lab Giant

    The company has raised $19 million since inception, supplemented by $20 million from contract chip design — a necessity in a region where deep-tech funding is scarce.

    How a Nigerian Edtech Exposed a Major National Exam Glitch — and Saved Thousands of Students from Mass Failure

    Over the past week, a bootstrapped Nigerian edtech company saved the country's education sector from widespread chaos.

    European DFIs Back $80 Million Pan-African Private Credit Fund 

    Africa’s mid-market businesses — often too large for microfinance but too small or risky for traditional bank lending — face an estimated $330 billion annual financing shortfall, according to the African Development Bank.
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    Google Joins the Infrastructure Wave: Why the Latest African Cohort is Swapping Apps for ‘AI Plumbing’

    The era of the “AI-enabled” consumer app in Africa is quietly being dismantled in favor of something much less flashy: digital plumbing.

    Only One in Eight African Tech Investors Wrote Repeat Cheques Last Year. Here’s Why It Matters

    The gap is not a rounding error. It maps directly onto the experience of founders who, after warm introductions and investor meetings

    From Kitchens to Cockpits: The Egyptian Startup Turning Cooking Oil Into a 25x Investor Return

    Delta Oil operates at the intersection of waste management and energy production.

    “No Shortcuts Through the Data”: How Intron is Building African Voice Infrastructure from Scratch

    "The assumption we had to kill earliest was that the technical problem was the hardest one. It is not."

    Latest articles

    Google Joins the Infrastructure Wave: Why the Latest African Cohort is Swapping Apps for ‘AI Plumbing’

    The era of the “AI-enabled” consumer app in Africa is quietly being dismantled in favor of something much less flashy: digital plumbing.

    Only One in Eight African Tech Investors Wrote Repeat Cheques Last Year. Here’s Why It Matters

    The gap is not a rounding error. It maps directly onto the experience of founders who, after warm introductions and investor meetings

    Egyptian Fintech Bokra Secures VC Licence to Take on Banks and VCs

    For Bokra, founded in 2023, the regulatory green light clears the path for a highly active 2026.

    Why Your 25% Growth Spike Might Be the Worst Thing for Your Operations

    Your business is always talking to you. Are you listening? By Thuto Motsie CA(SA), CEO of Thamani