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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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    Egypt’s ValU Raises $22.3 Million in New Debt Financing

    ValU has revolutionized the financial services sector in Egypt by empowering millions of individuals through its buy now, pay later (BNPL) platform, U.

    Fintech Startup Rubyx Secures $1.6M to Help African Businesses Offer Automated Lending

    The Senegal-based fintech platform uses advanced algorithms to assess loan applications and automate the lending process.

    Egypt’s Menthum Launches New US Dollar Savings Fund

    Perhaps the most distinctive feature of the Menthum USD Fixed Income Fund is its unparalleled liquidity. Unlike traditional fixed-income products with lock-in periods, this fund allows for daily purchases and redemptions.

    Nigeria’s Struggling Quizac Finds a New Home in Tekedia Capital’s Embrace

    Tekedia Capital’s recent strategic acquisition of Quizac is the latest in a series of startup rescue operations in the tech sector in Nigeria.

    Ghana Approves Starlink: Satellite Internet Service Now Available by August End

    This development marks a significant turnaround from earlier this year when the NCA declared Starlink’s operations in Ghana illegal, citing the company’s lack of a license.

    Scaling Up: Andela Welcomes Ex-Uber Operations Head as New CEO

    As Andela enters its next chapter, the company is poised to capitalize on the growing demand for skilled digital talent worldwide.

    ASEP Program: 60 Algerian Startups Leave for Innovation Hubs in China and South Korea

    The two delegations of 30 startups each will embark on an intensive 15-day learning journey. During this trip, they will make 18 strategic stops at leading technology hubs.

    AfriLabs Expands Network, Welcomes 18 New Hubs

    AfriLabs' network of hubs provides a collaborative environment where innovators, entrepreneurs, and creatives can thrive.

    Now Defunct, Agritech Startup Gro Intelligence Has a Mountain of Court Cases to Climb

    For Sara Menker, who is now representing herself in court, these legal battles represent a stark contrast to the heights she once achieved as a leader of a tech unicorn.

    Ride-Hailing Company Bolt Caught in the Middle of a Fierce Nigeria-South Africa Digital Crossfire

    The online battle quickly descended into a “Bolt for Bolt” exchange, with users on both sides vowing to outdo the other.

    Saudi Prince Backs Egyptian Climatetech Startup NoorNation

    NoorNation, founded in 2021 by Ragy Ramadan, has developed a groundbreaking product called LifeBox. This innovative solution delivers clean energy and safe water to rural communities, farms, and tourism businesses, offering a much-needed alternative to traditional, often unreliable, energy sources.

    Renew Capital Investment Series: BuuPass and MPost Join the List

    Renew Capital has announced strategic investments in two innovative African companies, BuuPass and MPost,...

    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.