More

    Staff Writer

    Why African Fintech PalmPay Is Eyeing Hong Kong for a $1bn IPO

    Nigeria's two largest mobile payment heavyweights are both eyeing IPOs, but their target exchanges tell a story of contrasting global ambitions.

    Egyptian Venture Funds Hunt for Cash Returns Amid Liquidity Crunch

    Cairo-based investors pivot from portfolio mark-ups to partial divestments and trade sales to satisfy foreign limited partners.
    spot_img

    Keep exploring

    The Battle for Morocco’s EV Space Is On — China’s Gotion Investing Over €128 Million

    Morocco’s proximity to major European markets and its competitive cost structure make it an attractive alternative for EV companies seeking to streamline supply chains.

    Egyptian Fintech ValU Secures $10 Million via Debt Market in Landmark Securitization Deal

    This transaction forms part of ValU’s sixth securitization program, a broader initiative amounting to EGP 16 billion ($312 million) in total issuances.

    Egypt’s SWVL Looks Beyond 2028 in the Wake of Bankruptcy Claims

    Facing allegations of insolvency, Swvl has recently taken steps to stabilize its finances.

    PBR Life Sciences Raises $1M Pre-Seed to Expand AI-Powered Healthcare Data Platforms Across Africa

    In addition to enhancing operational efficiencies, PBR’s platform promotes inclusivity in clinical trials by ensuring underrepresented patient populations are considered.

    Accelerators as Kingmakers: How Francophone Africa’s Startups Are Mostly Funded

    For now, accelerators remain indispensable kingmakers in the region’s tech startup landscape.

    Morocco’s UM6P Ventures Launches The Forge, A Startup Residency for African Founders

    Applications for the inaugural cohort are open from December 18, 2024, to February 7, 2025, on the program’s official website.

    Up for Sale: Nigeria’s Self-Styled Agri-Fintech Leader, Tingo Group, Meets a Brutal End

    The recent ruling indicates the SEC’s intensified focus on holding international entrepreneurs accountable.

    Alibaba Sets Up Operations in Morocco, Enabling Local Retailers to Expand Global Reach

    The launch of localized services is expected to significantly increase this number, providing Moroccan businesses with access to the world’s largest business-to-business (B2B) marketplace, which boasts 47 million active users globally.

    Morocco’s Talaty Gains Strategic Investment to Expand AI-Powered Credit Solutions

    With SMBs comprising a significant portion of the economy in Morocco and Francophone Africa, access to credit remains a critical bottleneck for growth.

    Smollan Acquires South Africa’s Yebo Fresh to Drive Growth in Township Communities 

    “We’re on a mission to make it easier for local retailers to stock up on what they need, grow their businesses, and uplift their communities."

    Is It Back to ATMs? CBN’s New Policy Sends Mixed Signals to Nigerian Fintech Unicorns

    Whether the CBN’s latest gambit will tip the scales toward progress or provoke a backlash from agents and consumers alike is anyone’s guess.

    Congo vs. Apple: Legal Fight Over ‘Blood Minerals’ Heads to European Courts

    While Apple claimed to have severed ties with problematic suppliers, critics allege that some unethical partnerships persist.

    Latest articles

    Why African Fintech PalmPay Is Eyeing Hong Kong for a $1bn IPO

    Nigeria's two largest mobile payment heavyweights are both eyeing IPOs, but their target exchanges tell a story of contrasting global ambitions.

    Egyptian Venture Funds Hunt for Cash Returns Amid Liquidity Crunch

    Cairo-based investors pivot from portfolio mark-ups to partial divestments and trade sales to satisfy foreign limited partners.

    Canal+ and General Catalyst Back African Payments Startup Moment in $22M Series A

    “Within three years of launch, we are processing for some of Africa’s leading brands.”

    Valu Tests New $20M Debt Deal amid Central Bank Squeeze

    The transaction arrives amidst a major regulatory reset for Egypt’s structured finance market.