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    Venture Capital & Funding Sources

    Venture Capital & Funding Sources

    Egypt’s Sawari Ventures Targets West and East African Startups in New $200M Fund

    Approximately 70% of the total fund, or about $140 million, is earmarked for investments within Egypt over the next four to five years.
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    Latest Funding

    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...
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    Ecosystem News

    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.
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    Venture Capital & Funding Sources

    Endeavor South Africa Raises $10.8M in First Close of Harvest Fund III, Targets African Tech Firms 

    Endeavor aims for similar outcomes with Harvest Fund III, targeting a return of 25%, or three to four times the invested capital.
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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

    MazaoHub’s Josephat Urassa, Engineer Behind Tanzania’s Soil-Data Farming Platform, Dies

    MazaoHub co-founder and chief technology officer, who helped build one of Tanzania's most closely watched agritech ventures, has died.

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