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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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    Fido Ghana Secures $5.5M Debt to Sharpen AI Credit Scoring for Africa’s ‘Invisible’ Borrowers

    While the global venture capital market remains selective, the appetite for African fintechs solving the "data gap" is showing resilience.

    France’s Hummingbirds Raises $59M to Scale Carbon Credit Sales in Kenya and Across Africa

    Most carbon finance enters the market once a project is already operational. Hummingbirds is moving further upstream to address the supply-side bottleneck.

    Bosta’s Blitz: Can a SuperJet Deal and a Planned IPO Fix Egypt’s Last-Mile Growing Pains?

    Bosta is successfully executing the first half of the “Scale-at-All-Costs”

    Beyond the Handshake: How AI Is Forcing Universities to Rewrite Their Contract with Students

    With 39% of core skills expected to shift by 2030, universities are ditching the lecture hall for project-based 'technical hybrids' and AI-integrated curricula.

    Latest articles

    Fido Ghana Secures $5.5M Debt to Sharpen AI Credit Scoring for Africa’s ‘Invisible’ Borrowers

    While the global venture capital market remains selective, the appetite for African fintechs solving the "data gap" is showing resilience.

    France’s Hummingbirds Raises $59M to Scale Carbon Credit Sales in Kenya and Across Africa

    Most carbon finance enters the market once a project is already operational. Hummingbirds is moving further upstream to address the supply-side bottleneck.

    The Diaspora Founder Formula Behind Côte d’Ivoire’s Most Prolific Venture Studio

    Mstudio now accounts for 68% of all disclosed pre-seed and seed rounds in the country.

    Afreximbank Deepens Bet on Spiro With Over $200m in Backing in Two Years

    The rapid succession of capital injections makes Spiro one of the most heavily capitalized e-mobility players operating on the continent.