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    Latest Funding

    Zambia’s PremierCredit Secures Additional Funding from Enygma Ventures

    Enygma Ventures, known for its focus on investing in women-led businesses in Africa, has found success in Zambia through its investments in both PremierCredit and Lupiya, from which it exited in February 2024 after the company repaid its outstanding debt.

    CDG Invest Backs Strapack Morocco to Propel Industrial Packaging Growth

    Offering financial support of up to USD2 million, alongside strategic guidance throughout the investment cycle, this program acts as a catalyst for success for innovative companies in the industrial and service sectors.

    Nigeria’s Intron Health Secures $1.6M for AI-Powered African Accent Recognition

    Intron Health’s existing adoption in 30 hospitals across five markets, including Kenya and Nigeria, showcased its viability and potential impact.

    Village Capital Boosts African Agritech Startups with $1.2M Investment

    This funding comes as part of Village Capital’s Reducing Inequalities Investment Facility, backed by FMO’s MASSIF Fund, which has now invested $1.6 million across four startups.
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    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.

    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.

    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.

    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

    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.

    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.

    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

    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.