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    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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    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

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    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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