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    Venture Capital & Funding Sources

    Two Years After Moroccan Buyout, EmergingTech Ventures Raising $60M Fund II to Back Local Startups

    EmergingTech Ventures, a Moroccan venture capital firm, is raising $60 million for its second...

    How L’Afrique Excelle Rewrote the Rules of Startup Investment in Francophone Africa

    In May 2019, Serge Boupda found himself in the spotlight at the Vivatech trade fair in Paris, pitching his startup, Diool, to a room of eager investors. His goal was to secure $1.5 million in funding. Boupda’s Diool, a fintech company that had pivoted from a mobile recharge retailer to a financial services platform for small merchants in Cameroon...

    Egyptian VC Algebra Ventures Sets Sights on Nigeria, Kenya with $20M Investment

    Karim Hussein, managing partner of Algebra Ventures, revealed the firm’s ambitious plans in an...

    4DX Ventures Fund III Raises $48.9M to Target African Startups

    4DX Ventures Fund III will focus on companies offering tech solutions that enhance productivity, efficiency, and competitiveness across Africa. The firm’s previous funds have invested in notable companies like Egypt’s e-commerce platform MaxAB, Ghana’s health tech firm mPharma, and Kenya’s B2B e-commerce platform Wasoko.
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    Gigmile Partners with Yango Taxi to Offer Car Loans in Ghana

    Kayode Adeyinka, previously the Country Manager of Jumia Ghana, co-founded Gigmile in 2022 to solve one of Jumia Ghana's biggest pain points: the lack of drivers to deliver products.

    Post-Mortem: How Fintech Startup Zazuu Left Barely £3000 for Investors to Redeem After $2M Funding

    The statement shows that Zazuu's assets are alarmingly meager, totaling a mere £3,300 in cash.

    Open Startup Opens Applications for OST Support Program for Senegalese, Tunisian, and Moroccan Startups

    Open Startup (OST) is a non-governmental organization dedicated to fostering innovation through entrepreneurship, education, and intercultural exchanges. By connecting ecosystems across Africa and beyond, OST aims to build communities that promote innovation and capacity development. On Wednesday, June 26, 2024, OST announced the opening...

    Tunisian Startups Secure 50 Deals Through Orange Fab Accelerator Program

    Orange Tunisia continues to actively support Tunisian startups through its comprehensive program, from guidance to acceleration, via the Orange Digital Center. This year, the 6th cohort of Orange Fab accelerator program includes 5 new accelerated Tunisian startups, bringing the total to 35 since the...

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    Gigmile Partners with Yango Taxi to Offer Car Loans in Ghana

    Kayode Adeyinka, previously the Country Manager of Jumia Ghana, co-founded Gigmile in 2022 to solve one of Jumia Ghana's biggest pain points: the lack of drivers to deliver products.

    Post-Mortem: How Fintech Startup Zazuu Left Barely £3000 for Investors to Redeem After $2M Funding

    The statement shows that Zazuu's assets are alarmingly meager, totaling a mere £3,300 in cash.

    Dust Off the CV or Dive Deeper? The Typical Paths of African Tech Founders After Startup Failure

    What options are immediately available to African startup founders in the wake of failure? Dust off the CV or relocate?

    Egypt’s ValU Secures $24.8 Million to Fuel Expansion in Financial Services

    ValU, a leading Egyptian fintech company, empowers millions through its "U" BNPL platform and diverse innovative products like "AZ Valu" and "EFG Hermes ONE."