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    Venture Capital & Funding Sources

    Venture Capital & Funding Sources

    Morocco Launches $150M Fund for Startups

    In a promising move to improve access to financing for startups in Morocco, a...
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    Venture Capital & Funding Sources

    Orange, the EU, and GIZ Launch $8M Funding Initiative to Back Agritech Startups in Côte d’Ivoire

    In Côte d’Ivoire, a newly launched fund of €7.6 million (USD$8 million) is set...
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    Venture Capital & Funding Sources

    Morocco ’s $4.1 Billion Mohammed VI Investment Fund Seeks Fund Managers for Debut Startup Funds

    The Mohammed VI Investment Fund (FM6I) has announced its call for expression of interest...
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    Latest Funding

    DFS Lab is Backing African Startups, Thanks to a Partnership with Stellar Development Foundation

    DFS Lab and the Stellar Development Foundation have initiated the DFS Lab Stellar Africa...
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    Aries Media Ventures Launches Fund I to Back Underfunded Mediatech Startups in Sub-Saharan Africa

    Former NBCUniversal exec is ditching Hollywood to back African mediatech
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    9,228 Daily Swaps: Egyptian Billionaire-Backed Blu EV Tests the Limits of Battery-as-a-Service in MENA

    Naguib Sawiris's battery-swapping group has built the largest network of its kind in the Middle East and North Africa. Whether each cabinet earns back the batteries it cycles is a question it has not answered.

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    Two Exits in Six Years: Dan Kleinbaum’s GTXN Acquired by Luno

    Deal gives the crypto exchange an owned settlement layer across developed–emerging market corridors - but proposed South African rules may restrict the very activity it enables.
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    Cairo’s BPO Ecosystem Opens a New Front for Transatlantic Dealmaking

    While greenfield setups remain the main vehicle for corporate expansion in Egypt's tech export sector, cross-border M&A is emerging as an alternative for North American buyers seeking rapid scale.

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    Updates

    Aries Media Ventures Launches Fund I to Back Underfunded Mediatech Startups in Sub-Saharan Africa

    Former NBCUniversal exec is ditching Hollywood to back African mediatech
    Updates

    9,228 Daily Swaps: Egyptian Billionaire-Backed Blu EV Tests the Limits of Battery-as-a-Service in MENA

    Naguib Sawiris's battery-swapping group has built the largest network of its kind in the Middle East and North Africa. Whether each cabinet earns back the batteries it cycles is a question it has not answered.
    Updates

    South African IoT Scaleup Karooooo Takes on Debt to Hoard AI Memory Chips

    The central question is whether the chip stockpile proves to be prudent insurance or an expensive bet.
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    “It’s a Fad, like Crypto Coins”: Why a Developer Built a Census for Nigeria’s Chaotic Gaming Scene

    In the space of a fortnight, a handful of browser games built by Nigerian developers has generated more attention, and more argument, than the country’s game industry has seen in years. The question is whether any of it constitutes a market.

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