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    Ecosystem News

    LoftyInc Capital Raises $43m to Bridge African Series A Funding Gaps

    Crucially, LoftyInc is strategically positioning its latest fund to address a critical bottleneck: the so-called ‘Series A crunch’.

    Egyptian Startups Flee en Masse to Saudi for Fortune — ‘It’s as if We’re Stuck in the Same Place with No Progress’

    With economic instability and regulatory challenges at home, Egypt risks losing its brightest entrepreneurs to more supportive environments in the Gulf.

    Fintech, AI, and Clean Energy Dominate Africa’s Startup Funding Landscape in February

    African investors played a significant role, primarily in South Africa, Nigeria, Côte d’Ivoire, and Morocco. The biggest contributor was South Africa.

    Dutch Development Bank Prioritizes Local Networks in New $4M African Startup Fund

    FMO is breaking with convention, launching a $4M fund for African startups that puts local expertise at its heart.
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    GrowthLabs Acquires Startup Gate to Unify MENA’s Fragmented Tech Ecosystem

    With the integration underway, GrowthLabs is stepping on the gas for geographic and product expansion.

    London’s Lightrock Closes $500M Fund to Back Energy Access Firms Across Africa and Asia

    The fund targets a critical bottleneck in emerging market climate tech: the lack of growth-stage capital for established operators.

    The Hidden Machinery Behind Egypt’s Quiet Adtech Exit Boom

    Global buyers are snapping up Cairo-based marketing startups, capitalising on years of rigorous local consolidation.

    78% Below Cost: The Unforgiving Math Behind Digital Health Startup Vezeeta’s Pivot to Bricks and Mortar

    The deal is the most tangible sign yet that Egypt’s best known digital health platform is pivoting towards a hybrid model at a time when the purely online playbook is struggling

    Latest articles

    GrowthLabs Acquires Startup Gate to Unify MENA’s Fragmented Tech Ecosystem

    With the integration underway, GrowthLabs is stepping on the gas for geographic and product expansion.

    London’s Lightrock Closes $500M Fund to Back Energy Access Firms Across Africa and Asia

    The fund targets a critical bottleneck in emerging market climate tech: the lack of growth-stage capital for established operators.

    Appeal Dismissed, Liquidation Confirmed: Court Delivers Final Blow to Mastercard-Backed $106m African Startup Fund

    A South African high court has rejected a final attempt by Africa Founders Ventures and its business rescue practitioner to overturn a winding-up order.