Historically known as an Egyptian brokerage and asset manager, Beltone has spent the last 18 months repositioning itself as a technology-led financial conglomerate.
In 2025, African tech reached a tipping point. For the first time, debt financing across the continent’s startup ecosystem surpassed the $1 billion mark.
The Cape Town-based fintech has secured R340m ($21m) in local currency funding from the Dutch development bank FMO to bridge the country's massive credit gap.
Local and pan-African funds such as Digital Africa and Launch Africa Ventures continue to drive volume at the earliest stages, absorbing the risk of experimentation and market discovery.
When VNV Global released its December 2025 portfolio valuations, the Swedish investment firm’s African holdings painted a stark picture of Egypt’s tech ecosystem
Redtech, the Nigerian fintech subsidiary of Tony Elumelu’s Heirs Holdings, has announced it processed $20.6bn (₦30tn) in total transactions during the 2025 financial year.
The PI-SPI, launched on September 30, 2025, was designed to be the “Great Connector” for the eight-nation West African Economic and Monetary Union (WAEMU).
In October 2025, during the National Cyber Security Awareness Month, President Mahama stood before a phalanx of cameras to unveil the Fintech Growth Fund.
Under Nigeria’s sweeping Tax Reform Acts, what was once a simple paperwork exercise has become a high-stakes tax event that can trigger massive liabilities before a single dollar of new investment reaches the bank.
Historically known as an Egyptian brokerage and asset manager, Beltone has spent the last 18 months repositioning itself as a technology-led financial conglomerate.
The leadership transition, announced recently by the company, aims to ensure continuity for the startup’s 200,000+ users and its international investors.
