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    Ecosystem News

    Egypt’s Rabbit Mobility Raises $1.3M to Roll Out Electric Scooters across North Africa

    The fresh capital injection will support Rabbit Mobility’s efforts to expand its fleet and scale operations, enhancing its market presence in Egypt and setting the stage for a broader rollout across North Africa.

    Singapore’s XA Network Backs African Startups in Latest Global Expansion

    Singapore-based investment network XA Network has announced its expansion into Africa with the launch...

    IFC Backs $200M Acumen Fund to Light Up Africa

    Acumen ’s Hardest-to-Reach Fund targets off-grid solar companies operating in 16 countries across Sub-Saharan Africa.

    Kenya-Based VC Firm DOB Equity Pivots Investment Strategy Under New CEO

    As DOB Equity embarks on this new chapter, the industry will be closely observing how the firm’s refocused strategy will shape its future.
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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.

    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.