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Since 2024, e& capital has backed 2 African startups across 2 disclosed funding rounds totaling $55.4M, most heavily in Egypt and Real Estate & Property.
e& capital is the corporate venture capital and investment arm of e&, formerly known as Etisalat Group, a global technology company. It is described by e& as the investment pillar of the group, focused on backing ideas and people that will build a better and brighter digital future. Public profiles consistently place e& capital in Abu Dhabi in the United Arab Emirates, reflecting its role within the wider e& group. In Africa, e& capital has participated in both seed and Series A funding rounds, with a focus on technology enabled businesses. According to disclosed transactions, the firm invested in Egyptian proptech company Nawy through a Series A round of 52.0 million dollars in May 2025, and in Algerian edtech company LabLabee through a 3.4 million dollar seed round in September 2024. These deals highlight an interest in real estate and property technology in Egypt and education technology in Algeria, and demonstrate activity across early growth stages. Press materials and group reports describe e& capital’s broader mandate as targeting innovative tech startups that are shaping the future of key digital verticals, including areas such as connectivity, software as a service, fintech, health technology and edtech. In its African portfolio, its co investment activity alongside established venture firms and strategic investors suggests a collaborative approach to scaling regional champions in digital real estate and education infrastructure.
Data updated · Sep 20, 2026
e& capital has backed 2 African startups across 2 disclosed funding rounds tracked on Liners, totaling $55.4M since 2024.
Mostly Series A: 1 of its 2 tracked rounds are at that stage, followed by Seed (1).
Companies e& capital has backed operate in Egypt (3), Madagascar (1), Togo (1). Each figure counts the rounds behind companies serving that market, so a company operating in several markets counts in each of them.
Its tracked rounds lean toward Real Estate & Property (3), EdTech (1).
e& capital most often shares rounds with Partech (3 shared deals), Verod-Kepple Africa Ventures (3 shared deals), Endeavor Catalyst (3 shared deals).
e& capital is the corporate venture capital and investment arm of e&, formerly Etisalat Group. It operates as the group’s investment pillar, backing technology focused companies that contribute to a more advanced digital future. Public information places it in Abu Dhabi in the United Arab Emirates.
e& capital has backed Nawy, a digital real estate and property platform in Egypt, and LabLabee, an AI driven virtual labs provider for telco skills and troubleshooting in Algeria. These investments reflect a focus on real estate and property technology and education technology in the region.