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    Staff Writer

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    Egypt’s First ‘Startup Label’ Goes to Digital Lender Flend

    Flend, a digital lender for small and medium-sized enterprises (SMEs), has become the first Egyptian company to be officially granted "Startup Label" certification.
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    For investors, the message is clear: SPACs in Egypt are no longer just about mergers. There are now other options.

    Embattled Nigerian Fintech Founder Launches New AI Project Amid US SEC Ordeal

    From Wall Street to AI: Amid legal battles and the collapse of his fintech empire, a Nigerian fintech founder has launched a substantial AI project, marking a dramatic new twist to...

    Europe’s Top Bank Invests $15.7m in I&P’s Latest Fund Targeting African Startups

    The overall target fund size is between €60 million and €80 million.

    Five Months After Release, Binance Exec Reignites War with Nigeria

    “They all knew that the naira’s devaluation was a direct result of Tinubu’s monetary policy, which depegged the naira from the dollar. Instead of acknowledging this, they used Binance as a convenient villain.”

    Stellenbosch University Spin-off CubeSpace Secures $3m Funding from Futuregrowth

    CubeSpace has established itself as a key player in the SmallSat sector, providing cost-effective and reliable solutions that streamline satellite deployment.

    Flourish-Backed Madica Expands into North Africa with Four New Investments

    Madica ’s move into North Africa marks a significant expansion, having previously concentrated its investments in Southern and West Africa.

    Can Swypex and Others Withstand Fawry’s Latest Onslaught? Egypt’s Fintech Scene Heats Up

    Giza-based Swypex recently raised $4 million in seed funding led by Accel. However, Fawry’s scale, resources, and latest additions to its offering further complicate matters for the two-year-old fintech.

    France’s Biggest Startup Backer Bpifrance Deepens Ties with African Tech

    France's public investment bank is making a big splash in African tech, forging partnerships and backing promising startups.

    Jumping Ship: How Often Do African Startup Co-Founders Leave?

    Extensive data analyzed by Launch Base Africa reveals regional differences in co-founder tenure across the continent. A crucial question arises: What agreements did co-founders sign when establishing their companies?

    Thunder Code: Expensya Founders Return to Disrupt Software Testing, Two Years After $100M Exit

    Expensya, a Tunis-born, Paris-headquartered company, was acquired by Medius in 2023 for a reported sum exceeding $100 million, marking one of the largest exits for an African-founded tech company.

    Keeping Deals Secret in South Africa Just Got Harder—Competition Commission Rolls Out New Rules

    One might wonder why the Commission feels the need to spell out confidentiality rules in such detail.

    Egypt’s Taager Raises $6.75 Million to Fuel Social Commerce Expansion in MENA

    The company’s managing director in Saudi Arabia, Mohamed Tarek, recently joined Taager after his previous venture, Egyptian fintech Cassbana, faced difficulties.

    Latest articles

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    Egypt’s First ‘Startup Label’ Goes to Digital Lender Flend

    Flend, a digital lender for small and medium-sized enterprises (SMEs), has become the first Egyptian company to be officially granted "Startup Label" certification.

    Nigeria Is Now M-KOPA’s Most Productive Market. Here’s How Its 11K Agent Network Changed the Game

    Here is an analysis of why Nigeria’s sales network is outperforming its peers.

    What Failed African Startups Taught Their Most Active Investors

    From Sendy to Dash to Copia, a wave of high-profile collapses has quietly rewritten the investment playbooks of the continent's most prolific funds.