Sixteen months later, on a hot July day in 2026, Egypt's finance minister, Ahmed Kouchouk, returned to a company whose public frustration had once laid bare the country's industrial bureaucracy.
In a year when "following the herd" described most African venture activity, these outlier deals stand out for actually taking risk. Which is, theoretically, what venture capital is supposed to do.
The massive oversubscription in Morocco (Cash Plus) and the solid retail turnout in Zambia (DCZ) debunk the myth that African retail investors won’t buy tech.
Sixteen months later, on a hot July day in 2026, Egypt's finance minister, Ahmed Kouchouk, returned to a company whose public frustration had once laid bare the country's industrial bureaucracy.
The new virtual asset rules demand high capital, local custody, and bank-held reserves - creating a moat that traditional lenders are perfectly positioned to fill.