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    Venture Capital & Funding Sources

    EASTERN AFRICA

    Rwanda Green Fund Invests $2M in Green Startups via Ireme Invest

    BasiGo Rwanda was awarded a RWF 300 million (USD 225,000) recoverable grant from Ireme Invest, the Rwanda Green Fund 's green investment facility.
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    Venture Capital & Funding Sources

    GO LIVE FUND Secures $4.8 Million Backing from ANAVA, Targets Tunisian ‘Pain Killer’ Startups

    The GO LIVE FUND, an €8 million ($8.6M) fund with a first closing at €6 million ($6.6M), aims to support 36 B2B startups in their initial development phase.
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    Ecosystem News

    Over 30 Foreign VCs Want to Run Morocco’s $150M Startup Fund

     The Mohammed VI Investment Fund (FM6I) has received an overwhelming response to its call...
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    Ecosystem News

    Launch Africa Ventures’ $100M Fund II Expands Portfolio with 16 African Startups

    Launch Africa, based in Mauritius, led African startup investments for consecutive years, averaging over one deal per week in 2022. Known for supporting market leaders like Kuda and MarketForce, the VC has diversified investments across pre-seed, seed, and Series A startups continent-wide.
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    Updates

    African Startup Deal Tracker — Newest Deals

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

    Senegal’s Tech Scene Rocked by Insider Fraud as Employees Siphon Millions

    According to court documents, the accused, who had been with the company since 2019, exploited a feature in the company’s proprietary software.

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    WESTERN AFRICA

    Meet the ‘Back-Office’ Engine Powering Nigeria’s Public Debt Boom for Fintech Firms

    Raising public debt isn’t a DIY project.
    Partner Content

    ADX vs Tadawul: How a Cairo Fintech Became Abu Dhabi’s Secret Weapon 

    This is a strategic play by Abu Dhabi to boost liquidity and challenge the dominance of Saudi Arabia’s exchange, the largest in the Arab world.

    Latest articles

    Updates

    African Startup Deal Tracker — Newest Deals

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

    Senegal’s Tech Scene Rocked by Insider Fraud as Employees Siphon Millions

    According to court documents, the accused, who had been with the company since 2019, exploited a feature in the company’s proprietary software.
    Policy & Regulations Forum

    Inside the Controversial Tax Tactic Terrorising Nigerian Tech

    “They have tagged you as a high net worth individual.”
    Updates

    dLocal’s African Rollercoaster: Egypt Slumps as South Africa (and Temu) Step Up

    dLocal’s African challenges are not new. In 2024, Nigeria’s revenue collapsed by over 80% after a naira devaluation, turning a once-lucrative market into a minor contributor.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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