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    Egypt Wants to Be Your LP: Applications Open for New $1bn Fund-of-Funds

    Egypt is stepping up efforts to attract venture capital following the launch of its long-awaited Startup Charter.

    Beyond Borders: The African Countries Attracting the Most Capital from Nigerian VC Firms

    Collectively, the data reveals a venture capital community in transition — albeit a cautious and selective one.
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    Revolut vs. The Office des Changes: Will Moroccans Get the Full Version?

    "We have a monopoly in the banking system. Send money from your phone free of charge? No way."

    Hewatele Raises $10.5M to Tackle East Africa’s Deadly Oxygen Shortage

    The funding will bankroll a new liquid oxygen plant to address chronic shortages and poor-quality supply across East Africa.

    After Backing Egypt’s Top Startups and VCs, EBRD Sets Sights on Nigeria

    The bank is currently establishing its first resident office in Lagos.

    Revolut Applies for Moroccan Banking Licence

    The UK fintech giant has submitted its application to the central bank, but faces a tough regulatory environment and deeply entrenched local competitors.

    Egypt’s Delayed Digital Bank Taps Ex-Minister to Finally Get It Off the Ground

    Backed by state-owned Banque Misr, One Bank has a new name and a heavyweight board, but its go-live date has slipped by two years.

    The 5 Most Active Seed-Stage Investors in Africa’s Emerging Tech Markets Currently

    The growing investor appetite for markets beyond the traditional hubs is driven by several converging factors.

    Nigeria Just Made It ‘Nearly Impossible’ to Launch an Insurtech

    If building a full-stack insurtech in Nigeria was once a dream, it’s now a fantasy.

    Founders Exit, Website Down: The Unraveling of Target Global-Backed Kippa That Raised Over $14M

    Over a year after its pivot, Kippa’s future remains uncertain.

    MTN’s Fintech Arm Is Growing Faster Than Data

    In Africa, the largest telecom company is reporting that its fintech arm is outperforming its data segment—should this be a cause for concern?

    Senegal’s Tech Scene Rocked by Insider Fraud as Employees Siphon Millions

    According to court documents, the accused, who had been with the company since 2019, exploited a feature in the company’s proprietary software.

    Inside the Controversial Tax Tactic Terrorising Nigerian Tech

    “They have tagged you as a high net worth individual.”

    dLocal’s African Rollercoaster: Egypt Slumps as South Africa (and Temu) Step Up

    dLocal’s African challenges are not new. In 2024, Nigeria’s revenue collapsed by over 80% after a naira devaluation, turning a once-lucrative market into a minor contributor.

    Latest articles

    Egypt Wants to Be Your LP: Applications Open for New $1bn Fund-of-Funds

    Egypt is stepping up efforts to attract venture capital following the launch of its long-awaited Startup Charter.

    Beyond Borders: The African Countries Attracting the Most Capital from Nigerian VC Firms

    Collectively, the data reveals a venture capital community in transition — albeit a cautious and selective one.

    MaxAB-Wasoko Swaps Founders for Operators in Hunt for Profitability

    Following the departure of Wasoko founder Daniel Yu as CEO late last year, the combined entity is now aggressively reshuffling its regional leadership...

    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.