More

    Staff Writer

    Egyptian Venture Funds Hunt for Cash Returns Amid Liquidity Crunch

    Cairo-based investors pivot from portfolio mark-ups to partial divestments and trade sales to satisfy foreign limited partners.

    Canal+ and General Catalyst Back African Payments Startup Moment in $22M Series A

    “Within three years of launch, we are processing for some of Africa’s leading brands.”
    spot_img

    Keep exploring

    Tunisian Authorities Suspend Bolt Operations and Seize Millions in Money Laundering Probe

    The public transport system, especially in the capital Tunis, which has a population exceeding two million, has suffered from deterioration over the past decade due to insufficient maintenance and a lack of investment in its renewal.

    Meet the South African Startups Google is Banking on for the Next Wave of Growth

    The success of the South Africa-specific cohort builds upon the foundation laid by the broader Google for Startups Accelerator Africa programme.

    African Startup Deal Tracker — Newest Deals

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

    The Rumors of MTN MoMo Cross-Border Transactions: Fact, Fiction, and the Future of African Fintech

    If MTN MoMo were granted a license to facilitate direct transfers between Ghana and Nigeria, it could reduce reliance on traditional remittance networks.

    FNB’s Venture Arm Stakes Big on AI Startup Trade Shield to Fortify Business Credit in South Africa

    Headquartered in Johannesburg, Trade Shield currently employs a team of approximately 45 professionals, including trade credit experts, data scientists, software developers, sales executives, and customer support staff.

    Ethiopia — First: New Licensing Wave Put Local Firms at the Forefront of Market Reforms

    A Dubai-based firm and several Ethiopian companies position for market dominance as the finance and logistics sectors open to foreign competition.

    From Ride Wars to Investment Wars: Global Ride-Hailing Giants’ New African Strategy — ‘It’s About Diversifying’

    The fight for the African commuter is no longer solely about offering the cheapest or fastest ride.

    Yango Group Launches $20M Venture Fund to Back African Startups

    The fund will target startups from the seed stage through to Series B funding rounds.

    In Memoriam: Bumpa Co-founder Adekunle Bakare Passes Away, Leaving a Legacy in Nigerian Tech

    Before co-founding Bumpa in 2018 alongside Kelvin Umechukwu, he had already amassed over a decade of experience in software development and technology infrastructure.

    As Edtech Struggles in Nigeria, One Startup Banks on Its Tutor—and the International Market—for a Turnaround

    A wave of economic turmoil is hitting Nigerians—and, by extension, startups—eroding their purchasing power. In response, one startup is turning to international markets under new leadership.

    VestedWorld’s Rising Star Fund Nears Target with $20m Raise for African Startups

    The Rising Star Fund will focus on deploying capital into early-stage ventures across seven key African markets.

    Egypt’s SWVL Turns to Fintech to Revive Its Struggling Fortunes

    The recent green light from Egypt’s Financial Regulatory Authority (FRA) for a raft of new fintech licenses hints at the favorable regulatory environment in SWVL’s home market.

    Latest articles

    Egyptian Venture Funds Hunt for Cash Returns Amid Liquidity Crunch

    Cairo-based investors pivot from portfolio mark-ups to partial divestments and trade sales to satisfy foreign limited partners.

    Canal+ and General Catalyst Back African Payments Startup Moment in $22M Series A

    “Within three years of launch, we are processing for some of Africa’s leading brands.”

    Valu Tests New $20M Debt Deal amid Central Bank Squeeze

    The transaction arrives amidst a major regulatory reset for Egypt’s structured finance market.

    Stablecoins and Data-Driven Lending: What African Tech Investors Backed in July

    Foreign investors accounted for about 70 per cent of all investor participations in July.