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    Venture Capital & Funding Sources

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    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...
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    Venture Capital & Funding Sources

    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...
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    Venture Capital & Funding Sources

    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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    Ecosystem News

    New Deal: Orange Ventures Will Now Double Investment in African Startups Supported by Fuzé

    In a move designed to bolster support for African startups, Orange Ventures, the venture...
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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

    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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