Tunisian insurtech EYST just closed a funding round with 216 Capital, a local VC focused on fintech & insurance tech.
- The cash will accelerate product development and help EYST broaden digital insurance reach across the region.
- It signals growing confidence in African insurtech as a catalyst for wider coverage and better CX.
#InsurTech #FinTech #AfricanStartups #DigitalInsurance #DecentralizedFinance
Africa Doesn’t Need Unicorns. It Needs Camels.
Africa doesn’t have a startup problem. It has a 𝗰𝗼𝗽𝘆-𝗽𝗮𝘀𝘁𝗲 𝗽𝗿𝗼𝗯𝗹𝗲𝗺 We keep building Silicon Valley startups in environments that reward 𝗿𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝗰𝗲, not hype. Unicorns burn cash. Camels store it. Unicorns chase valuation. Camels chase survival. 𝗖𝗮𝘀𝗵 𝗳𝗹𝗼𝘄 > 𝗵𝗲𝗮𝗱𝗹𝗶𝗻𝗲𝘀 𝗘𝗻𝗱𝘂𝗿𝗮𝗻𝗰𝗲 > 𝗲𝘅𝗶𝘁𝘀 In Africa, survival is innovation. Build camels. 🐪🌍 #AfricaMustChange #AfricanStartups #BuildForAfrica #CamelNotUnicorn #SustainableBusiness…