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    WESTERN AFRICA

    France’s Largest VC Firm Backs Senegalese AI Startup LAfricaMobile in $7M Series A

    The company raised €500,000 in seed funding in 2020 and secured €4.3 million ($4.6 million) in the first tranche of its Series A in April 2024.
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    EASTERN AFRICA

    Acumen Invests $5M in d.light to Expand Clean Energy Access Across East Africa

    d.light allows customers to pay for solar products in installments, making them more affordable.
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    Venture Capital & Funding Sources

    Saudi’s Edafa Venture Capital to Inject $30M into Egyptian Startups, Eyes Kenya Next

    Edafa recently acquired a strategic stake in Taskedin, an Egyptian task management and digital workspace platform.
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    Latest Funding

    Egyptian Freight Startup Nowlun Lands $1.7 Million to Streamline Logistics

    Nowlun aims to disrupt this landscape by leveraging technology to simplify and optimize freight operations
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    Anka’s New Owner Global Shop Faces Critical Data Leak Days After Acquisition

    The embattled pan-African e-commerce platform Anka is grappling with a severe data breach affecting over half a million users.
    Updates

    BII Backs mPharma for Francophone Push Following Founder’s Exit

    The Ghanaian healthtech, now under new leadership, has secured a strategic investment from BII-backed GIP Ghana to expand its pharmacy network into Togo and Benin.

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    ‘Don’t Wait to Be Perfect’: How Selling Imperfect Produce Helped Farm to Feed Land a $1.5M Seed Round

    Pushing a problem that you think is important onto a customer doesn’t work.
    Partner Content

    TymeBank Names CCO Cheslyn Jacobs as New CEO Ahead of IPO Push

    Karl Westvig, who oversaw the fintech’s unicorn valuation, will move to an advisory role as the 11m-customer bank preps for a 2028 NYSE listing.

    Latest articles

    Updates

    Anka’s New Owner Global Shop Faces Critical Data Leak Days After Acquisition

    The embattled pan-African e-commerce platform Anka is grappling with a severe data breach affecting over half a million users.
    Updates

    BII Backs mPharma for Francophone Push Following Founder’s Exit

    The Ghanaian healthtech, now under new leadership, has secured a strategic investment from BII-backed GIP Ghana to expand its pharmacy network into Togo and Benin.
    Updates

    Why Global Tech Giants Are Offshoring Their Engineering Jobs to Egypt

    The country’s digital export revenues have surged from $2.4 billion in 2022 to $4.8 billion in 2025
    Updates

    The USAID-Shaped Hole: Nine Months On, African Tech Startup’s Story Has a New Plot

    A US aid pullout nine months ago triggered fears of an ecosystem collapse. But while early-stage startups are failing in record numbers, late-stage mega-deals are pushing funding to new highs. What's really going on?

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