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    Ecosystem News

    Ghana’s State-Backed Planned $120M Venture Capital Fund Wrestles with Foreign Interests

    Currently, over 90% of VCTF funding originates from foreign sources.

    North African VCs Extend Overseas Foray with $1.2M Investment in France’s Upfund

    CDG Invest’s involvement in Upfund follows its recent participation in a $2.4 million seed round for Amsterdam-based hospitality tech startup Userguest.

    Cameroon’s Fako Capital, I&P’s Latest Anchor Fund, Targets $500K Investments in High-Growth Startups

    Fako Capital joins a growing network of African impact funds nurtured by I&P

    Algeria’s Startup Ministry Produces Three Ministers in Landmark Cabinet Reshuffle

    These appointments signify how the startup ministry, established recently in 2020 to nurture the country’s entrepreneurial ecosystem, has become a critical talent pipeline for Algeria’s government.
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    Kenya’s EU-Backed Carbon Registry Moves to Stop the Next Koko-Style Monopoly

    Officials argued that Koko’s massive credit issuance would “mop up” too much of Kenya’s national emissions quota, leaving little room for other sectors.

    Cheap, Collateral-Free, and Non-Dilutive: The ‘Unicorn’ Debt African Founders Are Chasing

    By the time Abuja-based founders start looking for their first serious debt facility, many have already spent months hearing versions of the same answer.

    Africa’s Growth Problem Isn’t Capital. It’s Leadership Without Collaboration

    Africa’s future won’t be determined by how much money arrives. Ray Langa, Group CEO of Leagas Delaney, writes from Cape Town

    Riding Morocco’s Fintech Wave, AfricInvest Moves to Acquire Vantage Payment Systems

    A new heavy hitter is entering the Moroccan fintech landscape, in what feels like the next chapter after local fintech Cash Plus went on a highly successful IPO last year.

    Latest articles

    Kenya’s EU-Backed Carbon Registry Moves to Stop the Next Koko-Style Monopoly

    Officials argued that Koko’s massive credit issuance would “mop up” too much of Kenya’s national emissions quota, leaving little room for other sectors.

    Cheap, Collateral-Free, and Non-Dilutive: The ‘Unicorn’ Debt African Founders Are Chasing

    By the time Abuja-based founders start looking for their first serious debt facility, many have already spent months hearing versions of the same answer.

    Why the “SaaSapocalypse” Shows Africa Must Own the AI Application Layer

    By Amadou Daffe, CEO and Co-Founder, Gebeya

    African Startup Deal Tracker — Newest Deals

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