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    Ecosystem News

    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.

    Uber-backed Moove Deepens Latin American Push with Kovi Acquisition

    The all-share deal, the value of which was not disclosed, creates a combined entity with annualised revenue of $275 million.
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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.

    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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    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.

    African Startup Deal Tracker — Newest Deals

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

    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..."

    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.