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    Venture Capital & Funding Sources

    Ethiopia Picks Nigeria’s Kuramo Capital to Lead $100M Fund Targeting Startups

    Kuramo Capital will serve as the general partner, overseeing the fund’s establishment and mobilizing capital to achieve a first close by 2025.

    LeapFrog Raises $1.15B to Scale Healthcare, Finance, and Climate Solutions in Africa

    LeapFrog has a strong history of investing in Africa, with past investments in companies such as JUMO and Interswitch.

    Ghana’s State-Backed Planned $120M Venture Capital Fund Wrestles with Foreign Interests

    Currently, over 90% of VCTF funding originates from foreign sources.

    North African VCs Extend Overseas Foray with $1.2M Investment in France’s Upfund

    CDG Invest’s involvement in Upfund follows its recent participation in a $2.4 million seed round for Amsterdam-based hospitality tech startup Userguest.
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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.

    The Riyadh-Cairo Pipeline: Saudi’s VMS Lands in Egypt to Hunt for Seed+ Scaleups

    Founders looking to join the first cohort have a narrow window to apply.

    Ziidi Trader: Safaricom Captures Half of Kenya’s First Major IPO in 20 Years

    The Kenyan government’s sale of a 65% stake in KPC raised 106.3 billion Kenyan shillings ($823.1m).

    From Payments to Credit: Fawry’s Next Act Is Lending

    Egypt's dominant fintech nearly doubled its profits in 2025.

    Latest articles

    African Startup Deal Tracker — Newest Deals

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

    The Riyadh-Cairo Pipeline: Saudi’s VMS Lands in Egypt to Hunt for Seed+ Scaleups

    Founders looking to join the first cohort have a narrow window to apply.

    International Investors Pour Into Morocco One Year After $1.9B Fund Launch

    A government-backed investment programme, a reformed foreign exchange framework, and a doubling of institutional deal activity are converging to reshape Morocco's startup landscape.

    How Swvl Ditched the Auditors Who Doubted Its Survival

    While Swvl explicitly noted there were no formal “disagreements” over accounting practices, the transition comes with heavy baggage.