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    NORTHERN AFRICA

    Egypt Nears $1B Fund of Funds Deal to Back Local VCs and Startups After Initial $50M Win

    The fund has already backed prominent venture capital firms such as Endure Capital, which in 2022 closed its $50 million Africa-focused fund.
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    Ecosystem News

    Digital Freight Startup MVX Shutters Amid Nigeria’s Worsening Currency Crisis

    The company raised $1.3 million in seed funding in 2021 from investors.
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    EASTERN AFRICA

    Ethiopia Picks Nigeria’s Kuramo Capital to Lead $100M Fund Targeting Startups

    Kuramo Capital will serve as the general partner, overseeing the fund’s establishment and mobilizing capital to achieve a first close by 2025.
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    Ecosystem News

    Prolific Nigerian Tech Investor Spins Out JADA, to Train AI Talent for the Global Market

    JADA's latest funding represents an important step for the startup, but it is also part of a broader strategy to establish Africa as a hub for AI expertise.
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    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.

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    Partner Content

    ‘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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