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    Ecosystem News

    A Turning Point for Moroccan Startups? $24M New Fund Faces Uphill Battle

    As bold as Morocco’s plans sound, they face an undeniable reality check.

    France’s Largest VC Firm, Bpifrance, Establishes New Base in Egypt

    In June this year, French President Emmanuel Macron announced the creation of the “Fonds Maghreb,” a €100 million fund aimed at North Africa.

    Equator Africa Raises $54 Million to Invest in African Startups, Backed by IFC’s First Venture into ClimateTech

    While the fund’s primary focus is on Kenya and Nigeria, it has already backed companies with operations in a diverse set of countries, including Côte D’Ivoire, Ghana, Madagascar, Senegal, South Africa, Sierra Leone, and Zambia.

    Pan-African Startup AMAKA Studio Raises $2M Seed Funding to Connect Brands with Content Creators

    The round was led by Equitane (formerly known as the Africa Transformation and Industrialization Fund: ATIF), alongside contributions from Morgan Stanley Inclusive Ventures Lab, Silverbacks Holdings, and a network of angel investors.
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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.