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    Venture Capital & Funding Sources

    Saudi’s Edafa Venture Capital to Inject $30M into Egyptian Startups, Eyes Kenya Next

    Edafa recently acquired a strategic stake in Taskedin, an Egyptian task management and digital workspace platform.
    Read more
    Latest Funding

    Egyptian Freight Startup Nowlun Lands $1.7 Million to Streamline Logistics

    Nowlun aims to disrupt this landscape by leveraging technology to simplify and optimize freight operations
    Read more
    NORTHERN AFRICA

    Egypt Nears $1B Fund of Funds Deal to Back Local VCs and Startups After Initial $50M Win

    The fund has already backed prominent venture capital firms such as Endure Capital, which in 2022 closed its $50 million Africa-focused fund.
    Read more
    Ecosystem News

    Digital Freight Startup MVX Shutters Amid Nigeria’s Worsening Currency Crisis

    The company raised $1.3 million in seed funding in 2021 from investors.
    Read more
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    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.
    Partner Content

    Fintech Unicorn dLocal Bets on the Middle East as Africa’s Turbulence Refuses to Settle

    This reversal of fortune is stark.

    Sponsored Posts

    Partner Content

    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.
    Partner Content

    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

    Updates

    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.
    Partner Content

    Fintech Unicorn dLocal Bets on the Middle East as Africa’s Turbulence Refuses to Settle

    This reversal of fortune is stark.
    Ecosystem News

    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.
    Updates

    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.

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