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    NORTHERN AFRICA

    Orange Egypt Targets African Startups with $52M Fund

    Orange Egypt’s new initiative builds on the foundations of Orange Ventures, the €350 million corporate venture fund launched in 2021.

    Al Mada Ventures Takes Control of Moroccan Agritech Startup Yola Fresh

    Although YoLa Fresh is registered as a U.S.-based entity, its operations and market are primarily localized in Morocco, granting the Moroccan Competition Council oversight in assessing its market impact.

    Egypt Becomes Africa’s Top Patent Filer, Powered by a ‘Little-Known’ Deep-Tech Startup

    The 2024 report placed Cairo alongside global hubs like Silicon Valley, Munich, and Shenzhen, affirming Egypt’s growing presence in the global innovation landscape.

    As Macron Exits Morocco, New $100M Fund Targets Moroccan Startups, Backed by Proparco

    The fund aims to enable Moroccan startups to scale domestically and position themselves within global markets
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    Two Shutdowns in Two Years Raise Questions Over Canada-Africa Fintech Economics

    Two Canadian fintechs built to move money between Canada and Africa have now failed within the space of two years. The pattern is unlikely to be coincidental.

    Nigerian EV Startup MAX Secures $8m Debt to Power Pan-African Expansion

    Metro Africa Xpress (MAX), the Nigerian-born electric mobility and fintech platform, has secured $8m in debt financing from Dutch impact investor Triple Jump. The capital injection marks a significant step in the company’s transition toward an asset-backed lending model designed to scale its green...

    78% Below Cost: The Unforgiving Math Behind Digital Health Startup Vezeeta’s Pivot to Bricks and Mortar

    The deal is the most tangible sign yet that Egypt’s best known digital health platform is pivoting towards a hybrid model at a time when the purely online playbook is struggling

    Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround

    Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat

    Latest articles

    Two Shutdowns in Two Years Raise Questions Over Canada-Africa Fintech Economics

    Two Canadian fintechs built to move money between Canada and Africa have now failed within the space of two years. The pattern is unlikely to be coincidental.

    Nigerian EV Startup MAX Secures $8m Debt to Power Pan-African Expansion

    Metro Africa Xpress (MAX), the Nigerian-born electric mobility and fintech platform, has secured $8m...

    France’s Digital Africa Launches $58M Seed Fund to Back Overlooked African Tech Markets

    The pan-African initiative backed by the French development finance system is launching its first dedicated seed vehicle, targeting 30 startups across 20 countries.

    Namibia’s Bellatrix Launches $10M Fund to Tackle Southern Africa’s ‘Capital Desert’

    The fund represents a rare equity-focused play from Namibia, a country better known for its commodities and institutional pension funds than its tech exports.