More
    HomeUpdates

    Updates

    Egypt Wants to Be the Silicon Valley of Shark Tank — Starting With a $1bn Park

    The total investment, close to $1 billion, makes the Shark Tank Business Park one of the largest entrepreneurship-themed developments in the region.

    From Startup Builders to Startup Backers: Meet Africa’s Top Founder-Investors

    The next African unicorn may already be in their inboxes.

    Cutstruct Bags $2.4M to Become Nigeria’s Go-To Platform for Building Materials

    Founded to address the fragmented nature of material sourcing in Nigeria, Cutstruct offers a digital marketplace where developers and contractors can procure all their building materials in one place.

    Telebirr’s Rivals Face a Steep Climb as Ethiopia Hikes Fintech Capital Rules

    Ethiopia’s mobile money market has boomed in the past three years, led by Telebirr — operated by the state-owned Ethio Telecom — which claims over 40 million users.
    spot_img

    Keep exploring

    Europe’s Largest Private Pharma Channels $50m Fund Into African Health Startups

    Launched in 2021, it provides non-traditional financing models—such as concessional loans and revenue-based investments—to plug the financing gap for early-stage social businesses beyond what conventional grants or equity rounds can offer.

    Demo Day, Then Decay: The Reality of Africa’s Makeshift Startup Accelerators

    There’s also a chronic geographic imbalance. Cities like Lusaka, Douala, and Bamako appear only sporadically on the accelerator map, despite emerging tech scenes. And of the few programs based in Somalia, Cameroon, or Tanzania, nearly all are inactive.

    Inside the Fintech That’s Quietly Built Africa’s Largest Smartphone Assembly Line

    It’s a playbook that echoes India’s feature phone revolution of the early 2000s — except with embedded finance at the core rather than cheap calls.

    Latest articles

    Europe’s Largest Private Pharma Channels $50m Fund Into African Health Startups

    Launched in 2021, it provides non-traditional financing models—such as concessional loans and revenue-based investments—to plug the financing gap for early-stage social businesses beyond what conventional grants or equity rounds can offer.

    Demo Day, Then Decay: The Reality of Africa’s Makeshift Startup Accelerators

    There’s also a chronic geographic imbalance. Cities like Lusaka, Douala, and Bamako appear only sporadically on the accelerator map, despite emerging tech scenes. And of the few programs based in Somalia, Cameroon, or Tanzania, nearly all are inactive.

    Uganda-Born Rwazi Raises $12M Series A to Dismantle Market Research Status Quo

    Rutakangwa and Sewankambo both cut their teeth at Kampala-based Owino Solutions, where they built web systems for East African clients and dabbled in digital media to amplify local culture.

    Tactful Founders Buy Back AI Startup from Belgian Telecom Group Three Years After Acquisition

    The deal marks a quiet but significant pivot in Tactful’s trajectory — from European acquisition back to homegrown independence.