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    Ecosystem News

    Venture Capital & Funding Sources

    Foundation Ventures Secures $25mn for Egypt and Africa Tech Startups

    A portion of the fund will also be allocated to investments in promising African startups beyond Egypt.
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    Ecosystem News

    Early-Stage Investor Saviu Reports Multi-Bagger Return on Lapaire Investment After Exit

    Saviu first invested in Lapaire in 2018, participating in subsequent funding rounds and ultimately holding a 22% stake.
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    Ecosystem News

    Backed by New $13M, Egypt’s Simplex is Building a Major CNC Factory in Riyadh

    CNC machines, which use pre-programmed software to automate the movement of machine tools, are crucial for modern manufacturing processes.
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    WESTERN AFRICA

    Bento CEO’s ‘Chaotic’ Run Comes to an End Amidst Tax Allegations and Client Exodus

    This is not the first time Mr. Okubanjo’s leadership has come under scrutiny.
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    Updates

    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.
    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.

    Sponsored Posts

    Partner Content

    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.
    Partner Content

    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

    Updates

    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.
    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.
    Analysis & Opinions

    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.
    Ecosystem News

    The Electron Gold Rush: South Africa’s Energy Trading Market Enters a ‘Big Bang’ Phase

    For the first time, South African businesses and municipalities are no longer just “customers” — they are “shoppers” in a competitive market.

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

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