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    Venture Capital & Funding Sources

    NORTHERN AFRICA

    CAPSA Capital Rolls Out New $15M Fund to Back Tunisian Startups

    This $15 million fund comes at a critical juncture for the Tunisian startup ecosystem.
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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.
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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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    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.
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    Lorax and Fawry Double Down on Egyptian Logistics Startup Mylerz With $2mn Top-Up

    The involvement of Fawry, Egypt’s dominant digital payments platform, also signals the growing convergence of payments and logistics in the country’s e-commerce ecosystem.
    Ecosystem News

    With 160% ARR Growth, SA Customer Support Startup Cue Lands $5m to Target the UK

    “We’re at an inflection point for AI in customer service, and we see more businesses starting to realise that they need a unified platform to succeed, not a patchwork of point solutions.”

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    Koko Networks Puts Ethanol Platform on the Block in $15m Asset Sale

    The sale is being targeted at corporate and institutional participants with demonstrated financial capacity to conclude a transaction exceeding $15m.
    Partner Content

    GoCab Recruits Former Anka CEO as Ivory Coast Head Months After Anka’s Collapse

    Tabouré takes operational role at vehicle-financing platform months after the collapse of his e-commerce venture

    Latest articles

    Updates

    Lorax and Fawry Double Down on Egyptian Logistics Startup Mylerz With $2mn Top-Up

    The involvement of Fawry, Egypt’s dominant digital payments platform, also signals the growing convergence of payments and logistics in the country’s e-commerce ecosystem.
    Ecosystem News

    With 160% ARR Growth, SA Customer Support Startup Cue Lands $5m to Target the UK

    “We’re at an inflection point for AI in customer service, and we see more businesses starting to realise that they need a unified platform to succeed, not a patchwork of point solutions.”
    Partner Content

    Why Europe’s Development Bank Is Writing Multi-Million Euro Checks for Egyptian Fintechs

    “This isn’t just about capital; it’s a powerful validation.''
    Updates

    Morocco’s Fintechs Win Access to a Card Payments Market Long Controlled by Banks

    Rabat's regulators confirm the forced break-up of the bank-owned payments monopoly, opening merchant acquiring to a new generation of digital players and slashing transaction fees for small shops.

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