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    Ecosystem News

    Cauris Finance Lands $40M to Fund Africa’s Fintech Ecosystem

    In 2023, the firm participated in a $13 million pre-Series A funding round for Ghanaian e-logistics startup Jetstream Africa, blending equity and debt to drive growth.
    Read more
    WESTERN AFRICA

    France’s Largest VC Firm Backs Senegalese AI Startup LAfricaMobile in $7M Series A

    The company raised €500,000 in seed funding in 2020 and secured €4.3 million ($4.6 million) in the first tranche of its Series A in April 2024.
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    EASTERN AFRICA

    Acumen Invests $5M in d.light to Expand Clean Energy Access Across East Africa

    d.light allows customers to pay for solar products in installments, making them more affordable.
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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.
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    African Startup Deal Tracker — Newest Deals

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

    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..."

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    Updates

    African Startup Deal Tracker — Newest Deals

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

    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..."
    Updates

    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.
    Analysis & Opinions

    Pitch Decks vs. Prospectuses: The Messy Courtship of Africa’s Tech Scene and Old-Money Bourses

    From Windhoek to Lagos, stock exchanges across the continent are wooing startups with structured pipelines, listing incentives, and MOU ceremonies. The startups are mostly politely non-committal.

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