Thndr Raises $15.7M to Expand Investment Platform Across MENA
May 23, 2025
Thndr has raised an additional $15.7 million, bringing its total current capital to $37.76 million. The round was led by Prosus Ventures, with participation from BECO Capital, JIMCO Capital, Endeavor Catalyst, Y Combinator, and a…
Standard Chartered Launches ‘Women in Cyber’ Programme to Bridge Cybersecurity Talent Gap
May 22, 2025
Standard Chartered has unveiled its “Women in Cyber” Mentorship Programme. This is a hybrid mentorship and training platform aimed at developing a new generation of female cybersecurity leaders in Kenya, Uganda, and Tanzania. If you…
These Are the VC Firms Ready to Back African Startups in 2025
May 22, 2025
Despite a more cautious global venture capital environment, the African startup ecosystem is proving it still has momentum and value. Over the last 12 months, a number of new VC firms and funds have raised…
Jasiri Growth Accelerator Opens Applications for Kenyan and Rwandan Startups
May 20, 2025
Jasiri Growth Accelerator is inviting founders in Kenya and Rwanda to its accelerator program. This is designed for early-stage startups. It offers a blend of strategic support and funding, up to $75,000 per venture. The…
Sylndr Raises $15.7 Million Series A to Transform Egypt’s Used Car Market
May 20, 2025
Egyptian mobility startup Sylndr has announced the close of $15.7 million Series A funding round. This round was led by Development Partners International (DPI) Venture Capital via the Nclude Fund. It also saw the participation…
MaxAB-Wasoko Acquires Egypt’s Fatura to Expand B2B Marketplace Footprint
May 19, 2025
MaxAB-Wasoko has announced the acquisition of Fatura, a Cairo-based B2B e-marketplace. The deal also sees EFG Finance (a subsidiary of EFG Holding) join MaxAB-Wasoko as a major shareholder. The acquisition follows the merger between MaxAB…
South African Startup AURA Raises $15 M in Series B Funding
May 19, 2025
South African emergency response tech company AURA has raised €13.5 million in a Series B funding round, setting the stage for its expansion into the United States and the creation of a global dispatch network…
Nawy Raises $52M to Transform Real Estate Across MENA
May 16, 2025
Egyptian proptech startup Nawy has just raised a whopping $52 million in Series A funding, marking a bold step in its mission to reshape how real estate works across the Middle East and North Africa…
European DFIs Commit $80M to BluePeak’s Second Africa-Focused Private Credit Fund
May 14, 2025
Four European Development Finance Institutions (EDFIs), British International Investment (BII), FMO, Swedfund, and Swiss Investment Fund for Emerging Markets (SIFEM) have jointly committed $80 million to BluePeak Private Capital Fund II (BPCF II), a pan-African…