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    Venture Capital & Funding Sources

    Japan’s MOL Group Backs Novastar Ventures’ US$200M Fund III

    Mitsui O.S.K. Lines, Ltd. (MOL), a prominent Japanese shipping company with a legacy spanning...

    Shoprite Group Launches W23 Global, a $125M Corporate Venture Fund Targeting Early-Stage RetailTech

    Five of the world’s foremost grocery retailers have joined forces to inaugurate a groundbreaking...

    Toyota Tsusho Launches New Venture to Back African CleanTech

    In a move to spearhead renewable energy initiatives across Africa, Toyota Tsusho Corporation has...

    Morocco’s UM6P Ventures Turns to DeepTech Startups for Its Latest Funding Round

    UM6P Ventures, the investment fund associated with Mohammed VI Polytechnic University (UM6P), has unveiled...
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    Egypt’s Banque Misr Invests $114 Million in Newly Licensed Digital Bank OneBank

    The Central Bank of Egypt granted initial approval for OneBank in May, marking the completion of the first phase of the rigorous licensing process, which includes three stages.

    Octoco Group Acquires Polymorph, Expanding Tech Footprint in South Africa

    With this acquisition, Polymorph Systems joins Octoco Consulting as a sister company within the Octoco Group, both headquartered in Techno Park, Stellenbosch.

    Egypt’s EXITS MENA Expands to Saudi Arabia, Eyes $1.07B Fund

    EXITS MENA, a leading fintech advisory and arrangement firm for startups and SMEs in the Middle East and North Africa (MENA) region, is expanding its operations to Saudi Arabia. The company has partnered with prominent Saudi investors, including Ammar Ahmed Shata, founder of Ghutra...

    Meet the 10 African Cleantech Startups Selected for the Blue Wave and Regen Wave Initiatives

    Ten innovative African startups are making waves in the clean technology sector, having been selected for the prestigious Blue Wave and Regen Wave initiatives. The initiatives, spearheaded by BFA Global, FSD Africa, and the International Union for Conservation of Nature (IUCN), aim to accelerate...

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    Egypt’s Banque Misr Invests $114 Million in Newly Licensed Digital Bank OneBank

    The Central Bank of Egypt granted initial approval for OneBank in May, marking the completion of the first phase of the rigorous licensing process, which includes three stages.

    Octoco Group Acquires Polymorph, Expanding Tech Footprint in South Africa

    With this acquisition, Polymorph Systems joins Octoco Consulting as a sister company within the Octoco Group, both headquartered in Techno Park, Stellenbosch.

    Prembly and Peleza Merge to Form Pan-African Identity Management Powerhouse

    Kenyan identity management startup, Peleza, and US-backed digital security platform, Prembly, have announced a...

    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.