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    Venture Capital & Funding Sources

    Ecosystem News

    Circle Backs $20m African Blockchain Fund as Stablecoin ‘Utility Wave’ Grows

    Capital is flowing to African blockchain companies solving long-standing problems of currency volatility, cross-border payment friction, and financial exclusion.
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    Ecosystem News

    The Deal Maker: How Plug and Play Became North Africa’s Startup Kingmaker

    Who are North Africa's most influential startup dealmakers? Flat6Labs and the US's Plug & Play occupy front-row seats. A recent funding move has reinforced this assertion.
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    Venture Capital & Funding Sources

    Accion Ventures Closes $62M Fund to Hunt for African Fintechs Tackling a $5.7T Market Gap

    The US-based venture capital firm, rebranded from Accion Venture Lab.
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    Ecosystem News

    ‘Team Japan’ Goes Big on African Tech as Megabank Sumitomo Backs Novastar

    Japan's second-largest bank is swooping in on African tech and funds in a never-before-seen way.
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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
    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.

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    Industry

    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.
    Industry

    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.

    Latest articles

    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.
    Updates

    “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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