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    Khazna Joins Egypt’s Consumer Finance M&A Rush With Pharos Acquisition

    A regulatory clampdown has turned existing consumer finance licences into scarce commodities, sparking a rush of high-stakes deals across Cairo.

    Aries Media Ventures Launches Fund I to Back Underfunded Mediatech Startups in Sub-Saharan Africa

    Former NBCUniversal exec is ditching Hollywood to back African mediatech
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    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.

    The Power Players Behind Africa’s Biggest Funding Deals in 2024

    This year, African tech companies leaned heavily on these firms to secure transformative investments.

    Latest articles

    Khazna Joins Egypt’s Consumer Finance M&A Rush With Pharos Acquisition

    A regulatory clampdown has turned existing consumer finance licences into scarce commodities, sparking a rush of high-stakes deals across Cairo.

    Aries Media Ventures Launches Fund I to Back Underfunded Mediatech Startups in Sub-Saharan Africa

    Former NBCUniversal exec is ditching Hollywood to back African mediatech

    9,228 Daily Swaps: Egyptian Billionaire-Backed Blu EV Tests the Limits of Battery-as-a-Service in MENA

    Naguib Sawiris's battery-swapping group has built the largest network of its kind in the Middle East and North Africa. Whether each cabinet earns back the batteries it cycles is a question it has not answered.

    South African IoT Scaleup Karooooo Takes on Debt to Hoard AI Memory Chips

    The central question is whether the chip stockpile proves to be prudent insurance or an expensive bet.