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moves money iAfrica.com July 24, 2026

Vercel Acquires Egyptian-Founded Stakpak, Its Second African-Founded Startup Deal Within Days

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American cloud platform Vercel has acquired Stakpak, the Egyptian-founded startup behind one of the first open-source autonomous DevOps agents, for an undisclosed sum — its second acquisition of an African-founded infrastructure startup within days, following the purchase of Ethiopian-founded Better Auth by developer Bereket Engida. The paired deals signal a deliberate strategy at Vercel: the San Francisco–based company, best known for the Next.js web framework and its frontend cloud, is buildin

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