Startup Researcher Africa: Week 17, 2025

April 28, 2025
Startup Researcher Africa: Week 17, 2025

This week on Startup Researcher Africa: Microsoft backs Egypt’s AI talent push, GetEquity hits profitability with a debt-focused pivot, and Lori Systems raises $2 million after a sharp valuation reset. Plug in for the week’s data-led rundown:

Top Headlines

  • Microsoft and Egypt’s ICT Ministry to train 100 000 nationals under the National AI Strategy.
  • GetEquity turns profitable by switching from equity rounds to local debt investments.
  • Attijariwafa Bank teams with Kiwi Collecte to launch regulated crowdfunding in Morocco.
  • Ghana taps Zipline drones to secure medical supply chains after USAID cuts.
  • Flutterwave joins Circle’s USDC network for faster, cheaper cross-border payments.

Funding News

  • Lori Systems secures $2 million at a $5 million valuation, focusing on profitability and new financing models.
  • DigiSquad gains undisclosed Crossfin backing to scale its cloud payments stack across underserved markets.

Investor & Ecosystem Moves

  • Mastercard Foundation Africa Growth Fund partners with Capital Connect Africa to improve capital access for MSMEs.

Spotlight

  • Startup of the Week: GetEquity – Nigerian fintech pivoting to commercial paper deals and targeting $1 million ARR.
  • Investor of the Week: Mastercard Foundation Africa Growth Fund – $200 million fund-of-funds empowering African SMEs.

Opportunity Radar

  • FINCA Ventures Prize – apply by 15 May 2025 for grants in climate-smart agriculture and fintech inclusion.

Hit play for a crisp, fact-rich tour of Africa’s startup and VC landscape.

Africa Startup News: AI, Fintech, Funding - Week 17