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    Latest Funding

    Taiwanese Chip Giant Backs Egypt’s InfiniLink in $10M Seed Round to Tackle AI Data Bottleneck

    MediaTek already has a history of collaboration with InfiniLink.

    Fintech, AI, and Clean Energy Dominate Africa’s Startup Funding Landscape in February

    African investors played a significant role, primarily in South Africa, Nigeria, Côte d’Ivoire, and Morocco. The biggest contributor was South Africa.

    Togo’s Gozem Raises $30M to Fuel Vehicle Financing Across Francophone Africa

    For Morocco’s Al Mada Ventures, investing in a high-growth super-app in Francophone Africa fits its broader financial services strategy.

    Ivorian Fintech Startup Djamo Lands Funding from State-Owned Investment Fund Post-Series B

    Djamo raised $13m in Series B round from investors last year.
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    Nigeria’s Medsaf Quietly Shut Down in 2024 After Raising $2M to Digitise the Pharmaceutical Supply Chain

    Medsaf’s Delaware corporation is still undergoing formal wind-down procedures, while its Nigerian entity remains dormant.

    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 Egyptian Bond Wagon Is Rolling — and Fawry Is the Latest Fintech to Climb Aboard

    The Egyptian fintech sector is witnessing a surge in debt financing as major players turn to securitization and bond issuances to fuel growth. The latest to join the trend is Fawry, the country’s leading digital payments company, whose subsidiary Fawry for Micro, Small, and...

    Algeria’s First Startup IPO Pays Off with Dividends for Early Believers Six Months After

    For investors who took a chance on a little-known startup just two years ago, it’s also a tangible return.

    Latest articles

    Nigeria’s Medsaf Quietly Shut Down in 2024 After Raising $2M to Digitise the Pharmaceutical Supply Chain

    Medsaf’s Delaware corporation is still undergoing formal wind-down procedures, while its Nigerian entity remains dormant.

    African Startup Deal Tracker — Newest Deals

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

    West Africa’s Central Bank, BCEAO, Extends Fintech Licensing Deadline Amid Industry Pressure

    Launch Base Africa describes the development as one of the most closely followed issues on its platform in the region during the month of May.

    AfricInvest Ends Multi-Year Bet on Egyptian Fintech MDP

    The company, co-founded and led by Ahmed Nafie, offers an end-to-end digital payment infrastructure solution across Africa and the Middle East.