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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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    African Startups Surpass $1bn in First-Half Funding Despite Slower Equity Flows

    Debt and climate finance drive a structural shift as the total for the year reaches $1.208bn, though it trails last year's pace.

    Seven Brutal Truths About African Tech Startup Funding in H1 2026

    The typical founder is raising less than half of what they raised a year ago.

    Latest articles

    African Startups Surpass $1bn in First-Half Funding Despite Slower Equity Flows

    Debt and climate finance drive a structural shift as the total for the year reaches $1.208bn, though it trails last year's pace.

    Seven Brutal Truths About African Tech Startup Funding in H1 2026

    The typical founder is raising less than half of what they raised a year ago.

    Local Investors Stage Partial Comeback in African Tech After Sharp First-Half Retreat

    June funding rounds show a recovery in the share of Africa-based investors, but several prominent funds remain absent and the revival is concentrated in a handful of markets.

    Egypt’s BrainsMingle Lands Strategic Backing From Recruitment Heavyweight BasharSoft

    The seed cheque is BasharSoft's first investment since acquiring career platform iCareer, and signals interest from MENA's recruitment incumbents in newer models of professional engagement.