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    Ecosystem News

    UK Commits $20m to Alterra Africa Tech Fund Backed by Dangote

    This latest commitment from BII follows the fund’s initial close last year, which saw it raise $140 million from a diverse range of international and African investors.

    Egypt’s State Fund Stakes Claim in African Tech Boom

    The fund recently extended its reach to Nigeria.

    Kenyan Tech Workers’ Welfare Reach a Turning Point After Nigerian Death

    “She went to managers crying, but they were videoing her and laughing at her.”

    From Near-Closure to New Ownership: Kenya’s Mobius Motors Sold to Middle East Investors in Rescue Bid

    Alongside the acquisition announcement, Silver Box unveiled a leadership transition at Mobius.
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    Egypt’s Flextock Bags $12.6m to Be the ‘Operating System’ for Middle East E-Commerce

    The “Shopify plus logistics” model is coming to the MENA region with more muscle.

    African Startup Deal Tracker — Newest Deals

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

    Riding Morocco’s Fintech Wave, AfricInvest Moves to Acquire Vantage Payment Systems

    A new heavy hitter is entering the Moroccan fintech landscape, in what feels like the next chapter after local fintech Cash Plus went on a highly successful IPO last year.

    Jumia Hits Positive Working Capital: The Most Important Chart in African Tech

    The real story lies in what Jumia has chosen to destroy.

    Latest articles

    Egypt’s Flextock Bags $12.6m to Be the ‘Operating System’ for Middle East E-Commerce

    The “Shopify plus logistics” model is coming to the MENA region with more muscle.

    African Startup Deal Tracker — Newest Deals

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

    The Unwritten Rules of Running a Blended Finance Fund in Africa

    Nobody publishes them. Nobody formally acknowledges them. But spend enough time inside the data, and the operating logic of Africa’s blended finance ecosystem becomes difficult to ignore.

    Cape Town’s Havaíc Hits $30m Milestone for Third Fund as Institutional Interest Hardens

    The latest capital injection comes from E Squared Investments