Fawry, Egypt’s largest electronic payments network, is accelerating its push into direct lending, securing a EGP 250m ($5.1m) financing facility from the European Bank for Reconstruction and Development (EBRD). The move marks a distinct pivot for the financial technology group as it seeks to...
Mapping Africa's angel investor landscape: Our research tracks over 400 individuals – from finance to law and tech leadership – actively deploying capital into the continent's booming startup ecosystem.
A torrent of press releases celebrates the dynamism of Africa's tech scene, but a closer look reveals a more precarious reality....The immediate impact on mobility fintech Moove remains...
For years, Nigerian startup founders have built their business models around the assumption of a growing middle class. That assumption is now under siege.
The funding landscape remains heavily influenced by foreign investors, particularly from the United States and Europe, who accounted for nearly 70% of the total investment activity.
