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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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    A New Digital Tax Overhaul in Kenya Leaves More Questions Than Answers

    As Ruto’s ink of presidential assent dries, the path to enforcement reveals a story of lofty aspirations tempered by ambiguous complexities.

    Egypt’s First SPAC Acquisition Targets Recently Funded Digital Lending Platform Qardy

    Catalyst Partners became Egypt’s first SPAC after receiving approval from the Financial Regulatory Authority (FRA) in September.

    Algebra Ventures’ Founder Transitions to Fintech, Secures Digital Lending License for Oliv Finance Amid Regulatory Freeze

    Mokhtar, who played a key role in the establishment of Algebra Ventures, has now transitioned into the fintech sector with the goal of revolutionizing SME financing.

    Sanari Capital Targets Technology-Driven Growth with New $80M Africa-Focused Fund

    The fund’s investors include prominent South African pension funds and workers' unions.

    Foreign Funds Dominate Africa’s Data Centers, But the Race to Catch Up is On

    “Johannesburg and Nairobi, Africa’s leading data center markets, have a combined live IT power of just 74 MW — starkly inadequate compared to Dublin and London’s over 1,500 MW."

    South Africa to Revoke More Crypto Licenses by June 2025

    106 applications for crypto licenses were voluntarily withdrawn after consultations revealed shortcomings.

    AfDB Seeks to Back Africa-Focused VCs Through New $420M Funding Deal

    AfDB is the largest fund-of-funds investor in Africa, with $1.36 billion committed to 74 private equity and venture capital funds.

    Prolific African Investor BCV Winds Down Activity from Current Fund

    BCV II was one of the few venture capital funds primarily focused on East Africa.

    Chinese EV Firms Summoned in South Africa Amid 150% Tax Rebate

    In 2023, South Africa’s automotive sector generated over 271 billion rand (US$20.4 billion) in exports, primarily to the European Union.

    Egypt Integrates Apple Pay and Card Encoding for a Digital Payment Revolution

    Estimates suggest that the value of POS transactions will surge to approximately EGP 640 billion by the end of 2024, reflecting a 280% increase from 2021’s EGP 169 billion.

    Morocco’s z.systems Raises $1M to Empower Traditional Retailers

    z.systems is a rapidly scaling startup dedicated to enhancing the competitiveness of Morocco’s small, independent retailers — locally known as “hanouts.”

    Germany’s KfW Backs New $25M Funding for African Cleantech Firms

    “CEI Africa’s work to promote energy access in Sub-Saharan Africa is needed now more than ever.”

    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.