More
    HomeEcosystem News

    Ecosystem News

    Battered by Funding Crisis, Egyptian Startups Plot Comeback

    The resilience of local founders and a gradual return of investor interest in Africa could pave the way for recovery.

    Tyme Group Becomes Africa’s Latest Unicorn After $250 Million Funding Round

    The funding round attracted global heavyweights, including a $150 million investment from Nu Holdings Ltd., Latin America’s largest financial institution.

    Tunisia’s Konnect Networks Raises $1.5M to Simplify Online Transactions for Businesses

    Through partnerships with organizations like VISA, Konnect is working to extend secure payment services to previously excluded segments of the population.

    Equator Africa Fund Secures $5M from Proparco to Scale Climate-Focused African Startups

    Equator Africa Fund, a climate-focused investment vehicle, concentrates on three key sectors critical to the continent’s climate transition: energy, agriculture, and mobility.
    spot_img

    Keep exploring

    London’s Lightrock Closes $500M Fund to Back Energy Access Firms Across Africa and Asia

    The fund targets a critical bottleneck in emerging market climate tech: the lack of growth-stage capital for established operators.

    The Hidden Machinery Behind Egypt’s Quiet Adtech Exit Boom

    Global buyers are snapping up Cairo-based marketing startups, capitalising on years of rigorous local consolidation.

    78% Below Cost: The Unforgiving Math Behind Digital Health Startup Vezeeta’s Pivot to Bricks and Mortar

    The deal is the most tangible sign yet that Egypt’s best known digital health platform is pivoting towards a hybrid model at a time when the purely online playbook is struggling

    Latest articles

    London’s Lightrock Closes $500M Fund to Back Energy Access Firms Across Africa and Asia

    The fund targets a critical bottleneck in emerging market climate tech: the lack of growth-stage capital for established operators.

    Appeal Dismissed, Liquidation Confirmed: Court Delivers Final Blow to Mastercard-Backed $106m African Startup Fund

    A South African high court has rejected a final attempt by Africa Founders Ventures and its business rescue practitioner to overturn a winding-up order.

    900% ROI: Behind the Aggressive Maths of South Africa’s Vehicle-Tracking Giant

    Most businesses that spend heavily on marketing can only guess at the eventual return.