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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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    CAPSA Capital Rolls Out New $15M Fund to Back Tunisian Startups

    This $15 million fund comes at a critical juncture for the Tunisian startup ecosystem.

    Tanzanian Fintech Startup Tunzaa Secures Funding to Accelerate Growth

    In addition to installment payments, Tunzaa incorporates gamified savings features, allowing users to set financial goals and earn rewards for meeting them.

    The Battle Begins: Jumia Publishes Rare Black Friday Gains as China’s Temu Threatens Key Nigerian Market

    Despite recent gains from Black Friday events, Jumia faces mounting external pressures, particularly from Temu’s arrival in key Nigerian market.

    Lagos-Based Ignite Power Secures $15M to Expand Solar Solutions in Africa’s C&I Sector

    Afrigreen’s investment in Ignite Power is part of a broader strategy to accelerate the adoption of renewable energy across Africa

    Plans to Leave Nigeria? Netflix Faces Pressure to Rethink Amid Film Investment Surge

    The African film and media industry is experiencing a surge in investment

    Diaspora Dollars at the Click of a Button: Inside Egypt’s Latest Remittance Overhaul

    Egypt’s economy has long depended on its diaspora, which has ballooned to 14 million individuals — up from 2.7 million a decade ago.

    “We Once Missed a 10x Exit Opportunity” — Ex-Zoona CEO Reflects One Year After Chipper Cash Deal

    "Having clarity on exits and stakeholders’ ambitions is critical as you scale.”

    Cauris Finance Lands $40M to Fund Africa’s Fintech Ecosystem

    In 2023, the firm participated in a $13 million pre-Series A funding round for Ghanaian e-logistics startup Jetstream Africa, blending equity and debt to drive growth.

    Big Promises, Short Lives: The Lifecycle Problem of African Corporate Venture Capital

    The recent closure of ARM Labs Lagos Techstars Accelerator is not an isolated case.

    Khulisani Ventures’ $16.5M Fund Targets High-Growth Startups in South Africa — Applications Close January 2025

    The program seeks businesses generating annual revenues of R5–R8 million, with positive cash flows and strong financial reporting.

    “Diversification is Key to Survival for Emerging Market Lenders,” Asaak CEO Says Following 27X Market Growth in Mexico Expansion

    “Our shared investors facilitated the acquisition, making it a natural fit.”

    TLcom Capital Backs Ivory Coast’s HUB2 with $8.5M to Unify Payments Across Francophone Africa

    The investment will enable HUB2 to process €1 billion in transaction volume in 2024, a dramatic leap from the €70 million handled in 2022.

    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.