More

    Staff Writer

    Swvl Eyes UK and US Launches as Q1 Losses Shrink to $174K

    The Nasdaq-listed company, which started life in Cairo as a bus-booking app before pivoting into enterprise software, posted Q1 2026 revenue of $8.24m.

    Nigeria’s Central Bank Orders Fintechs to Split Their Payments Empires — or Divest

    The CBN is forcing dominant payments groups to choose between issuing and acquiring, triggering the most dramatic reshaping of Africa's largest fintech market in a decade.
    spot_img

    Keep exploring

    ‘Our Operations Remain Unaffected’: Livestock Wealth Plays Down Impact of FSCA Sanctions

    "Livestock Wealth (Pty) Ltd has been operational since 2015 without interruption."

    Japanese Solar Giant WASSHA Acquires Kenyan Mobility Startup Zaribee

    Zaribee, formerly known as Unchorlight Kenya, specializes in a rent-to-own model for motorcycle taxi (boda boda) riders.

    Island Life, Electric Vibes: The 2035 Deadline Sparking an EV Hardware Scramble in Mauritius

    While Mauritius is world-renowned for its turquoise waters, its domestic energy goals are increasingly industrial.

    AfricInvest Launches $100M Morocco Fund, Marking First Kingdom-Specific Vehicle Since 2012

    The launch marks a significant shift for the Tunis-headquartered firm.

    Checkbooks and Caution: The Tentative Reset of African Tech Startups’ Missing Investors

    Several funds that once did 5–10 African deals annually are now doing 1–3, concentrating ownership and support.

    The Edtech Model That Survived Nigeria’s Funding Winter

    A recent investment into a Nigerian edtech marketplace suggests that venture capital is returning to the country's education sector - but the "growth at all costs" playbook has been replaced.

    JSE Reforms Listing Regime as African Exchanges Fight for Tech IPOs

    The Johannesburg Stock Exchange has overhauled its listing requirements to accommodate high-growth companies, but questions remain about whether the changes go far enough.

    New Wave of Investors Targets Ghana’s Pension Billions After 5% Private Markets Mandate

    In late 2024 and throughout 2025, the National Pensions Regulatory Authority (NPRA) tightened its grip on offshore investments, effectively blocking fund managers from moving capital abroad.

    Egypt’s NowPay Lands $20m to Launch Saudi Joint Venture

    Egyptian fintech NowPay has secured a $20m strategic investment to fuel its expansion into Saudi Arabia

    Mineworkers-Backed Agritech Livestock Wealth Fined, Loses Licence in South Africa

    The outcome closes a long-running probe, but leaves unresolved concerns around delayed investor withdrawals.

    Nigeria’s Tech Paradox: Why a Talent Boom Is Meeting a Capital Graveyard

    As Minister 'Bosun Tijani transitions the flagship 3MTT programme to its national stage, the country faces a widening gulf between its massive supply of tech talent and a financial engine that is fast evaporating under his watch.

    When Follow-On Funding Vanished: Africa Tech’s Survival Test

    Of the hundreds of funds active during that peak, over 500 “tourist investors” have effectively vanished from the continent’s deal flow.

    Latest articles

    Swvl Eyes UK and US Launches as Q1 Losses Shrink to $174K

    The Nasdaq-listed company, which started life in Cairo as a bus-booking app before pivoting into enterprise software, posted Q1 2026 revenue of $8.24m.

    Nigeria’s Central Bank Orders Fintechs to Split Their Payments Empires — or Divest

    The CBN is forcing dominant payments groups to choose between issuing and acquiring, triggering the most dramatic reshaping of Africa's largest fintech market in a decade.

    Ripple Buys Into Flutterwave to Open New Front in African Stablecoin Wars

    The blockchain payments company's Series E participation cements RLUSD in Africa's largest payments network - but Flutterwave is not betting on any single coin.

    Proparco Anchors Rare Moroccan LP Position in EmTech’s New $60M Early-Stage Fund

    The fund plans to invest in around 20 startups, writing cheques of between $500,000 and $3m in pre-Series A and Series A rounds.