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    Ecosystem News

    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.

    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.

    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.

    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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    “We’re Not Monitoring Energy — We’re Deciding What Happens Next”: Inside PowerLabs’ Bet on Automation

    "The most important lesson we’ve taken from this journey is how much your team determines everything else."

    Standard Bank Leads $330m Refinancing for JSE-Listed AI Fintech Optasia

    Optasia, which made history in November 2025 as the largest fintech IPO on the JSE, uses proprietary AI to provide credit scoring and micro-lending to unbanked populations.

    Optasia’s Growth Is Coming From Where Few Investors Are Looking

    The Dubai-headquartered lending platform's most revealing growth story is not in Africa's largest markets.

    South Africa’s OneBio Secures Funding to Build Africa’s ‘Biotech Factory’ Amid a Deep Tech Reality Check

    The Cape Town venture studio is doubling down on its hybrid model, but a high failure rate highlights the structural hurdles of scaling science in Africa.

    Latest articles

    “We’re Not Monitoring Energy — We’re Deciding What Happens Next”: Inside PowerLabs’ Bet on Automation

    "The most important lesson we’ve taken from this journey is how much your team determines everything else."

    Standard Bank Leads $330m Refinancing for JSE-Listed AI Fintech Optasia

    Optasia, which made history in November 2025 as the largest fintech IPO on the JSE, uses proprietary AI to provide credit scoring and micro-lending to unbanked populations.

    From Kitchens to Cockpits: The Egyptian Startup Turning Cooking Oil Into a 25x Investor Return

    Delta Oil operates at the intersection of waste management and energy production.