The investment will be used to expand SehaTech’s team, enhance its AI-powered platform, and scale its operations in Egypt and the wider region.

This investment is the latest in a series of operations carried out by the public fund, which is actively deploying capital to support Ivorian tech companies.

The age distribution skews toward working-age professionals. The 25–34 cohort represents 37% of users, followed by 35–44 year-olds at 26%.

While other regional African fintechs struggle with profitability, Central Africa's mobile money ecosystem processed 3.5 billion transactions in 2023. The backbone? Nearly half a million street-level agents converting cash into digital currency.

Gimacpay’s success is part of an accelerating trend across Africa: the rise of public, interoperable payment rails.

"The most important lesson I've learned is that success isn't just about technology. It's about timing, resilience and a healthy dose of luck."

The rise of mobile money remittances is having a profound impact on the CEMAC region.

This milestone is not just a story of a legacy retailer adapting to the digital age; it’s a case study in strategic partnership.

At a major tech summit in Lagos, the conversation has moved on from fundraising announcements...

The platform was founded by a group of young doctors.

Launched in 2023 by Karim Beqqali, a veteran of the real estate sector and founder of Yamed Group...

The country is expected to receive millions of visitors later this year for the 35th edition of the TotalEnergies CAF Africa Cup of Nations.