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    NORTHERN AFRICA

    Meet the Eight New Egyptian Startups Backed by Prolific Investor EdVentures

    With these new investments, EdVentures has now backed a total of 22 startups, up from 14, marking a significant milestone in its journey to reshape education through technology. in Egypt.

    Egypt Approves First SPAC, Two Years After Local Startup’s Landmark SPAC IPO in New York

    Foreign entities are also now eligible as qualified investors if they hold ownership rights worth at least EGP 50 million ($1 million) .

    Egyptian Mobility Unicorn Swvl Entangled in New Bankruptcy Allegations as Stock Dives

    The research firm also noted that Swvl has only $2.9 million in cash remaining, down from $9.1 million at the beginning of 2023.

    Egypt’s SETTLE Raises $2M to Automate B2B Payments and Collections

    Founded in 2023 by Mostafa Mubarak and Camille Sayour, SETTLE aims to fill a long-standing gap in Egypt’s digital economy by focusing on B2B financial operations.
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    ‘Our Operations Remain Unaffected’: Livestock Wealth Plays Down Impact of FSCA Sanctions

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

    Japanese Solar Giant WASSHA Acquires Kenyan Mobility Startup Zaribee

    Zaribee, formerly known as Unchorlight Kenya, specializes in a rent-to-own model for motorcycle taxi (boda boda) riders.

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

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

    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.

    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."

    Japanese Solar Giant WASSHA Acquires Kenyan Mobility Startup Zaribee

    Zaribee, formerly known as Unchorlight Kenya, specializes in a rent-to-own model for motorcycle taxi (boda boda) riders.

    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.