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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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    Grid Africa Raises $2.8M to Power South Africa’s Renewable Energy Future

    “The recent developments in the country’s energy security present an opportunity for businesses to explore solar energy as a viable solution to counter escalating electricity prices."

    AAIC Backs BIMA to Expand Affordable Health Insurance Across Africa

    AAIC’s Africa Innovation and Healthcare Fund (AHF2) was launched in 2022 to invest in innovative healthcare solutions across the continent.

    Lapaire Raises $3.2M for Eye Care Expansion Across Africa

    This latest investment follows a previous funding round in January, where Lapaire secured $3 million to bolster its growth.

    Swvl Shifts Headquarters to Riyadh as Part of Saudi Arabia’s RHQ Program

    Swvl, known for its technology-driven transportation services, has been operational in Saudi Arabia for four years.

    Tunisia 2025 Budget: Zero Tax on Startup Investments, but Can Founders Bank on It?

    The budget proposal also addresses Tunisia’s energy transition, lowering customs duties on imported solar panels from 30% to 10%

    Local Card Giant Verve Reaches 70 Million Issuances in Nigeria

    Verve’s cards can be used across various channels, including point-of-sale (POS) terminals, automated teller machines (ATMs), web and e-commerce platforms, agency banking networks, and mobile apps.

    “We Succeeded in Acquiring the Tech Back” — iProcure Co-Founder Reflects on Journey Post-Administration

    "We had to employ executives who took stock options and were paid four times our salary for something we spent eight years building."

    Egypt’s Rabbit Mobility Raises $1.3M to Roll Out Electric Scooters across North Africa

    The fresh capital injection will support Rabbit Mobility’s efforts to expand its fleet and scale operations, enhancing its market presence in Egypt and setting the stage for a broader rollout across North Africa.

    Mobility Fintech Moove Enters Mexico City as Part of Latin America Expansion

    Moove, founded in 2020 by Ladi Delano and Jide Odunsi, initially focused on addressing the challenges of vehicle financing in African markets.

    Singapore’s XA Network Backs African Startups in Latest Global Expansion

    Singapore-based investment network XA Network has announced its expansion into Africa with the launch...

    MaxAB Co-founder Departs Two Months After Landmark Merger with Wasoko

    Since co-founding MaxAB in 2018, Ben Halim has been instrumental in steering the company’s growth across Egypt and Morocco

    Kua Ventures’ Unique VC Approach Captures Investor Attention

    Peter Fry, Executive Director of Kua Ventures, says the firm’s “3C model” is very effective.

    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.