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    Ecosystem News

    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.

    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.

    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.

    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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    60-Second Loans, 4-Year Refunds: The Digital Illusion Inside Kenya’s $9.3bn Sacco Sector

    Savings co-ops now manage $9.3bn for nearly 8 million members, but behind the shiny USSD menus lies a system where automated debt collection masks a total breakdown in back-office accountability.

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.

    Cairo’s BPO Ecosystem Opens a New Front for Transatlantic Dealmaking

    While greenfield setups remain the main vehicle for corporate expansion in Egypt's tech export sector, cross-border M&A is emerging as an alternative for North American buyers seeking rapid scale.

    Is Talent Export the New Impact Thesis? Daniel Yu’s $100M Fund Makes Its First Bet

    Move signals fund's focus on labour migration as a pathway out of poverty.

    Latest articles

    60-Second Loans, 4-Year Refunds: The Digital Illusion Inside Kenya’s $9.3bn Sacco Sector

    Savings co-ops now manage $9.3bn for nearly 8 million members, but behind the shiny USSD menus lies a system where automated debt collection masks a total breakdown in back-office accountability.

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.

    The Local Airbnb Rival That Held Off the Giant: South Africa’s LekkeSlaap Bought by Banking Royalty

    17 years after starting TravelGround on a shoestring budget, UCT co-founders bow out to a high-profile investor syndicate.

    4x More Mobile Wallets Than Bank Accounts: PawaPay Wins PSP Licence in Mozambique

    PawaPay, a pan-African mobile money payments aggregator, has been granted a Payment Service Provider...