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    NORTHERN AFRICA

    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.

    Algeria’s LabLabee Raises $3.4M to Lead Training in 5G, Cloud, and AI Technologies

    The fresh capital will enable LabLabee to expand its innovative hands-on training platform.

    New PoS Directive Opens Doors for Blockchain Startups in Nigeria

    The new directive, detailed in a circular issued by the Central Bank of Nigeria, requires that businesses using PoS terminals for electronic payments must route their transactions exclusively through either NIBSS or Unified Payment Services Limited (UPSL).
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    With First-Mover REIT, Fintech Unicorn MNT-Halan Raises the Stakes in Egypt’s Proptech Race

    Egypt’s largest fintech, MNT-Halan, is making a significant play for the country’s real estate market.

    One Scandal a Year: Paystack CTO Suspension Spotlights Nigerian Tech’s Leadership Crisis

    The suspension of Ezra Olubi at Stripe-owned Paystack is the latest in a troubling series of founder-related crises, raising urgent questions about governance and trust in Africa's most-funded ecosystem.

    Lifestores CEO Steps Down as African Tech’s “Great Handover” Continues

    Andrew Garza’s transition from CEO at Lifestores Healthcare is the latest in a wave of founder successions at major African startups

    From Media Giant to Family Business: Meet the First Firms Tapping Nigeria’s Landmark $200M Cleantech Fund — Updated

    A mix of established mini-grid operators, a family-run business, and a media giant's new energy venture are among the first to receive funding to build hundreds of solar mini-grids across Nigeria.

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    With First-Mover REIT, Fintech Unicorn MNT-Halan Raises the Stakes in Egypt’s Proptech Race

    Egypt’s largest fintech, MNT-Halan, is making a significant play for the country’s real estate market.

    One Scandal a Year: Paystack CTO Suspension Spotlights Nigerian Tech’s Leadership Crisis

    The suspension of Ezra Olubi at Stripe-owned Paystack is the latest in a troubling series of founder-related crises, raising urgent questions about governance and trust in Africa's most-funded ecosystem.

    Fawry’s 20% AI-Written Code Shows African Tech’s Most Important Shift Yet

    As 2025 draws to an end, earnings reports from Jumia, Fawry, and Swvl reveal a new playbook. We analyzed the common themes and what they mean for the continent's tech future.

    How Fawry Outgrew Payments and Became Egypt’s Fintech Profit Machine

    These margins are exceptionally high for a fintech company, particularly in a market like Egypt.