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    Ecosystem News

    Tech Giant Microsoft Pours $298m into South Africa’s AI Infrastructure

    The announcement arrives at a complex juncture for South Africa, which has recently faced strained relations with the United States.

    Foreign Fintech Firms Double Down on Egypt as Losses Prompt Strategic Recalibration

    Egypt’s appeal as a fintech hub for foreign players is increasingly pronounced.

    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.
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    Profitable Egyptian Fintech Blnk Raises $37.1m in Equity and Debt

    The Cairo-based fintech, which offers instant loans at merchant checkouts, plans to launch a credit card and expand its reach to women and unbanked Egyptians

    African Startup Deal Tracker — Newest Deals

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

    South African Fintech Flagship Yoco Buys Restaurant Software Platform Dyner.ai

    The South African payments group is bolting on an AI-native operating system for restaurants, while a new European CEO prepares to take the helm.

    The Anti-VC Pivot: Wasoko Founder Launches $100M Fund to Back Migration and Manufacturing

    "Venture-scale returns are only possible in a small subset of business models."

    Latest articles

    Profitable Egyptian Fintech Blnk Raises $37.1m in Equity and Debt

    The Cairo-based fintech, which offers instant loans at merchant checkouts, plans to launch a credit card and expand its reach to women and unbanked Egyptians

    African Startup Deal Tracker — Newest Deals

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

    3IF Ventures Hits $12m First Close for Africa’s First Dedicated Insurtech Fund

    The close signals institutional appetite for a corner of African fintech that has long been overshadowed by payments and lending.

    DBSA Doubles Down on EV Charging With Backing for Zimi

    The investment follows the DBSA's $5.6m (R100m) commitment to Zero Carbon Charge last year