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    NORTHERN AFRICA

    Egypt’s Paymob Raises $72M in Series B to Further Diversify Products and Expand Across MENA

    Paymob’s growth trajectory has been impressive, with the company now supporting over 350,000 merchants, a dramatic increase from just over 100,000 in 2022.
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    Ecosystem News

    Egypt’s FlapKap Secures $34M Pre-Series A Funding to Scale SME Financing Across MENA

    FlapKap’s goal is to scale its impact across the MENA region, providing essential capital to SMEs that often face barriers in accessing traditional financing.
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    NORTHERN AFRICA

    Egypt’s Brotinni Secures Investment from Entilaq to Expand Regional Reach

    The startup raised $600,000 in a seed funding round led by Innlife investments in 2022.
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    NORTHERN AFRICA

    With Over $10M in Funding, Tunisia’s Wattnow Aims to Use AI for Real-Time Energy Monitoring

    Wattnow is strategically positioned to capitalize on this expansion, particularly in its primary markets in Europe and the Middle East and Africa (MEA), where the market size was estimated at $11.77 billion and $1.68 billion, respectively.
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    Updates

    Familiar Money Bolsters OPay’s IPO Demand as Thin Float Raises Liquidity Questions

    As the Nigerian payments giant prepares to hit Wall Street, filings reveal an IPO heavily reliant on existing money.
    Updates

    Khazna Joins Egypt’s Consumer Finance M&A Rush With Pharos Acquisition

    A regulatory clampdown has turned existing consumer finance licences into scarce commodities, sparking a rush of high-stakes deals across Cairo.

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    Industry

    Two Exits in Six Years: Dan Kleinbaum’s GTXN Acquired by Luno

    Deal gives the crypto exchange an owned settlement layer across developed–emerging market corridors - but proposed South African rules may restrict the very activity it enables.
    Industry

    Cairo’s BPO Ecosystem Opens a New Front for Transatlantic Dealmaking

    While greenfield setups remain the main vehicle for corporate expansion in Egypt's tech export sector, cross-border M&A is emerging as an alternative for North American buyers seeking rapid scale.

    Latest articles

    Updates

    Familiar Money Bolsters OPay’s IPO Demand as Thin Float Raises Liquidity Questions

    As the Nigerian payments giant prepares to hit Wall Street, filings reveal an IPO heavily reliant on existing money.
    Updates

    Khazna Joins Egypt’s Consumer Finance M&A Rush With Pharos Acquisition

    A regulatory clampdown has turned existing consumer finance licences into scarce commodities, sparking a rush of high-stakes deals across Cairo.
    Updates

    Aries Media Ventures Launches Fund I to Back Underfunded Mediatech Startups in Sub-Saharan Africa

    Former NBCUniversal exec is ditching Hollywood to back African mediatech
    Updates

    9,228 Daily Swaps: Egyptian Billionaire-Backed Blu EV Tests the Limits of Battery-as-a-Service in MENA

    Naguib Sawiris's battery-swapping group has built the largest network of its kind in the Middle East and North Africa. Whether each cabinet earns back the batteries it cycles is a question it has not answered.

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