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    Venture Capital & Funding Sources

    Seed to Series A Focus: Saviu Ventures Raises $26M for Francophone Africa

    Saviu II will deploy investments ranging from €500,000 to €3 million, often acting as a lead or reference minority shareholder.
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    NORTHERN AFRICA

    Can Egypt’s Latest Prime Minister-Led Startup Push Finally Deliver on Its Promise?

    This isn’t the firs.t time the Egyptian government has attempted to transform the country’s startup ecosystem.
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    Ecosystem News

    Egypt’s Breadfast Valuation Reaches $268M Following Series B Extension Round

    One of Breadfast’s key investors, VNV Global AB, disclosed that its 8.6% stake in the startup is now valued at $23.1 million, up from an initial investment of $16.9 million in 2021.
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    Venture Capital & Funding Sources

    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.
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    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.
    Updates

    African Startup Deal Tracker — Newest Deals

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

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    Updates

    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.
    Updates

    African Startup Deal Tracker — Newest Deals

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

    The Glitch in the System: Why SA Universities Are Turning Off the ‘AI Polygraph’

    “AI detectors do not know if a machine wrote a text; instead, they measure statistical signatures..."
    Updates

    New CEO, $110M Mandate: responsAbility’s Plan to Mainstream Emerging-Market Climate Finance

    responsAbility is perhaps best known in impact-investing circles for its early backing of Greenlight Planet, the off-grid solar company that rebranded as Sun King.

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