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    NORTHERN AFRICA

    Egypt’s Swvl Seeks Lifeline with New HSBC Debt Deal

    Despite recent wins, Swvl’s financial health remains under scrutiny.

    North African VCs Extend Overseas Foray with $1.2M Investment in France’s Upfund

    CDG Invest’s involvement in Upfund follows its recent participation in a $2.4 million seed round for Amsterdam-based hospitality tech startup Userguest.

    Algeria’s Startup Ministry Produces Three Ministers in Landmark Cabinet Reshuffle

    These appointments signify how the startup ministry, established recently in 2020 to nurture the country’s entrepreneurial ecosystem, has become a critical talent pipeline for Algeria’s government.

    Egypt’s Swvl Raises $4.7M for US Market Expansion

    Swvl intends to channel the proceeds into working capital and operational expansion, particularly in regions with high growth potential.
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    "Livestock Wealth (Pty) Ltd has been operational since 2015 without interruption."

    Island Life, Electric Vibes: The 2035 Deadline Sparking an EV Hardware Scramble in Mauritius

    While Mauritius is world-renowned for its turquoise waters, its domestic energy goals are increasingly industrial.

    The 1M Club: Egyptian Insurtech Nice Deer Finds Rare Scale in a Paper-Heavy Market

    The timing of Nice Deer’s scale-up coincides with a massive regulatory overhaul in Egypt.

    From Payments to Prompt Engineering: Inside TSG Labs, Paystack’s New AI-Focused Incubator

    Paystack’s footprint now covers markets representing approximately 46% of Africa’s GDP.

    Latest articles

    ‘Our Operations Remain Unaffected’: Livestock Wealth Plays Down Impact of FSCA Sanctions

    "Livestock Wealth (Pty) Ltd has been operational since 2015 without interruption."

    Island Life, Electric Vibes: The 2035 Deadline Sparking an EV Hardware Scramble in Mauritius

    While Mauritius is world-renowned for its turquoise waters, its domestic energy goals are increasingly industrial.

    “Frictionless” No More: Nigeria’s Tax Reforms Turn Delaware Flips into Million-Dollar Liabilities

    Under Nigeria’s sweeping Tax Reform Acts, what was once a simple paperwork exercise has become a high-stakes tax event that can trigger massive liabilities before a single dollar of new investment reaches the bank.

    AfricInvest Launches $100M Morocco Fund, Marking First Kingdom-Specific Vehicle Since 2012

    The launch marks a significant shift for the Tunis-headquartered firm.