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    Staff Writer

    After 14 Years of Bootstrapping, Cybervergent Raises $3M Seed to Scale AI Compliance Platform

    The deal continues a broader trend of Nigerian VCs backing foreign startups or local companies with continental ambitions, as Nigeria’s economy faces mounting macroeconomic challenges.

    From Payments to Credit: Fawry’s Next Act Is Lending

    Egypt's dominant fintech nearly doubled its profits in 2025.
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    Millions in Funding Not Enough: Kenyan Agritech Startup iProcure Under Administration

    iProcure, an agritech startup that garnered significant attention after securing millions in funding, finds...

    African Union and GIZ Partner to Offer €15,000 Grants to Innovative African Startups

    In a bid to bolster civic technology across the continent, the African Union Commission,...

    Zitouna Pay and Payvago Join Tunisian Interbank Clearing System

    The Central Bank of Tunisia (BCT) announced Thursday the inclusion of two payment institutions,...

    Egypt Gets First Licensed Digital Bank: Banque Misr’s Onebank to Launch by Q4 2024

    In a landmark development for Egypt’s banking landscape, the Central Bank of Egypt has...

    Launch Africa Ventures Investment Series: Ivory Coast’s Meditect Joins the List 

    Launch Africa Ventures, a leading venture capital firm focused on Africa, has announced its...

    “Margins Too Tight,” Glovo CEO Hints at Quitting Ghana

    Spanish delivery startup, Glovo, has recently announced its decision to cease operations in Ghana,...

    More Routes, More Countries: BuuPass Acquires QuickBus to Simplify Travel Across Africa

    In a move to solidify its position as a leader in African bus ticketing,...

    Agritech Allure: Jumia Kenya CEO Forfeits Lucrative Compensation Package for Twiga Foods

    Twiga Foods, a prominent African agritech startup, has announced Charles Ballard as its new...

    Logidoo Unveils Platform, Sourcing Unit, and Expanded Trade Routes to Streamline Logistics

     Logidoo, a prominent participant in the transportation and trade facilitation sector, has announced a...

    Egyptian Transport Startup Swvl Records $12 Million in Operating Profit, After Acquisition Spree Losses

     Swvl Holdings Corp (Nasdaq: SWVL), an Egypt-born global provider of mobility solutions for businesses...

    Nigeria’s CapitalSage Repays $1.8M Commercial Paper Issuance

    CapitalSage Technology Limited, a prominent integrated digital financial services group, recently celebrated the successful...

    Ugandan Health-Tech Startup MamaOpe Medicals Closes Funding Round for Innovative ‘Smart Jacket’ Pneumonia Diagnosis Tool

    Uganda-based MamaOpe Medicals has recently announced the successful closure of an investment round aimed...

    Latest articles

    After 14 Years of Bootstrapping, Cybervergent Raises $3M Seed to Scale AI Compliance Platform

    The deal continues a broader trend of Nigerian VCs backing foreign startups or local companies with continental ambitions, as Nigeria’s economy faces mounting macroeconomic challenges.

    From Payments to Credit: Fawry’s Next Act Is Lending

    Egypt's dominant fintech nearly doubled its profits in 2025.

    FMO Backs Persistent’s Bid to Build Africa’s Climate Tech Pipeline

    The VB Facility will deliver pre- and post-investment support to startups operating in sectors including distributed solar, energy efficiency, electric mobility, agritech and circular economy solutions.

    From iROKOtv to Showmax: Is the ‘Netflix of Africa’ Dream Officially Dead?

    As Showmax begins its shutdown in the wake of a capital-intensive global streaming war, it joins a long list of well-funded, ambitious local platforms...