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    Staff Writer

    Edtech Platform Abwaab Acquires Egypt’s Eduact in Bid to Consolidate Fragmented Market

    The Jordan-based group is expanding its footprint in the Arab world's most populous education market

    What a LinkedIn Account Is Worth to South African Founders

    South Africa’s venture capital market is small, but its founders have found an unlikely way to get in front of investors.
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    Ethiopia Picks Nigeria’s Kuramo Capital to Lead $100M Fund Targeting Startups

    Kuramo Capital will serve as the general partner, overseeing the fund’s establishment and mobilizing capital to achieve a first close by 2025.

    Ventures Platform Investor Proparco Appoints Nigerian Head to Oversee East Africa

    In 2022, the agency invested $5 million in Ventures Platform, a Nigeria-based early-stage fund.

    Fuzé Investment Series: Cameroun’s VerZ Joins Funding List

    Fuzé by Digital Africa is an investment program designed to elevate African startups with seed-stage funding and strategic support.

    Algeria Rolls Out New Digital Banking Rules: Opportunity or Over-Regulation?

    It sets the framework for authorizing, structuring, and operating digital banks, offering a blend of modern ambition and vintage bureaucracy.

    How Valuable Are ESOP Plans in African Tech? Fawry Offers a Compelling Case

    For every Fawry, there are countless tech startups where ESOPs might turn into little more than unfulfilled promises.

    Prolific Nigerian Tech Investor Spins Out JADA, to Train AI Talent for the Global Market

    JADA's latest funding represents an important step for the startup, but it is also part of a broader strategy to establish Africa as a hub for AI expertise.

    Egypt’s Foreign Remittance Hits $20 Billion in 9 Months, But Local Fintechs Remain Sidelined

    Despite the remittance boom, the market remains dominated by established international players.

    LeapFrog Raises $1.15B to Scale Healthcare, Finance, and Climate Solutions in Africa

    LeapFrog has a strong history of investing in Africa, with past investments in companies such as JUMO and Interswitch.

    Kenya’s Mawingu Secures $15M to Acquire Habari for East African Expansion

    The acquisition of Habari is part of Mawingu’s broader buy-and-build strategy to scale its footprint in East Africa.

    Moustachir Becomes Algeria’s First Startup to Go on IPO on Local Stock Exchange

    The shares will be priced at 760 Algerian dinars (DA) each, equating to approximately $5.70 per share.

    Egypt’s Sylndr Secures $7.45 Million in Asset-Backed Financing to Disrupt Used Car Market

    This is a one-of-a-kind deal and opens a new pathway for other Egyptian startups seeking funding.

    Egypt’s First SPAC Eyes Fintech Acquisition as Trading Kicks Off on EGX

    Under Egypt's SPAC rules, Catalyst Partners has two years to finalize its acquisitions or return capital to its investors.

    Latest articles

    Edtech Platform Abwaab Acquires Egypt’s Eduact in Bid to Consolidate Fragmented Market

    The Jordan-based group is expanding its footprint in the Arab world's most populous education market

    What a LinkedIn Account Is Worth to South African Founders

    South Africa’s venture capital market is small, but its founders have found an unlikely way to get in front of investors.

    IFC Eyes $4m Check in West Africa’s Gigmile as Asset-Financing Fintech Scales

    The proposed injection would form part of the company’s Series A round.

    The East Is Settling Into African Tech, Quietly

    A Toyota-backed fund, an Abu Dhabi sovereign investor and a Hong Kong merchant bank sat at the centre of August's largest African-linked funding round. None of them was there by accident.