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    NORTHERN AFRICA

    Revolut Taps Ex-Uber Exec for Morocco Launch, Setting Up Clash with Local Fintechs

    Revolut, which serves 60 million customers and was recently valued at approximately 45 billion, has begun assembling a team in Casablanca.

    From Poor Pay to Truncated Maps: Glovo’s Moroccan Headaches Mount as Regulator Slams Fine

    Protesters allege that the Glovo app recently displayed a map of Morocco without its southern regions.

    Flend Raises $3m in Seed Round to Scale Digital SME Finance Across Egypt

    The Cairo-based fintech startup plans to embed lending into Egypt's real economy through a fully regulated, tech-first platform.

    Breadfast’s Investor Sees Nearly 2x Return as Valuation Climbs Toward $400M

    Egypt's top grocery startup stands out in African portfolio marked by stagnation and write-downs.
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    Altera Biosciences Bags $1.6M to Build ‘Off-the-Shelf’ Cells in Africa’s First Gene Therapy Play

    While the science is complex, the investment thesis has a unique hook. The startup argues that its location is a strategic asset.

    “Locals Only”: Tanzania’s New Decree Shuts Out Foreign Fintechs

    The timing is particularly ironic when considering a homegrown, yet globally-minded, success story like Nala.

    Elmenus Founder Steps Down, Latest in a Wave of Egyptian Startup CEO Changes

    The pressure for strategic evolution at Elmenus is amplified by the dominant performance of its main rival.

    From Men’s Shoes to Mobile Phones: Jumia’s Pivot to Africa’s Secondary Cities Is Starting to Pay Off

    Making this strategy work requires a fundamentally different approach to logistics.

    Latest articles

    Altera Biosciences Bags $1.6M to Build ‘Off-the-Shelf’ Cells in Africa’s First Gene Therapy Play

    While the science is complex, the investment thesis has a unique hook. The startup argues that its location is a strategic asset.

    “Locals Only”: Tanzania’s New Decree Shuts Out Foreign Fintechs

    The timing is particularly ironic when considering a homegrown, yet globally-minded, success story like Nala.

    Inside the Deal: How a Cameroonian Web3 Founder Ended Up on the Board of a $45M State-Rescued ‘Zombie Bank’

    Anthemis-backed founder takes board seat at one of Cameroon's 15 existing commercial banks.

    CityTaps’ $6M Water-Tech Dream Runs Dry as Kenyan Arm Enters Liquidation

    The water-tech aimed to solve water access for Africa's urban poor with smart meters and mobile money. Its collapse is the latest in a wave of closures hitting Kenya's impact startup scene.