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    NORTHERN AFRICA

    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.
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    Ecosystem News

    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) .
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    Ecosystem News

    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.
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    NORTHERN AFRICA

    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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    900% ROI: Behind the Aggressive Maths of South Africa’s Vehicle-Tracking Giant

    Most businesses that spend heavily on marketing can only guess at the eventual return.
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    Why E Squared Investments Is Backing South Africa’s ‘All-Female’ Agritech Experiment

    In the landscape of South African venture capital and impact investing, the focus is shifting from high-end fintech to the literal “ground floor.”

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    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
    Partner Content

    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

    Updates

    900% ROI: Behind the Aggressive Maths of South Africa’s Vehicle-Tracking Giant

    Most businesses that spend heavily on marketing can only guess at the eventual return.
    Updates

    Why E Squared Investments Is Backing South Africa’s ‘All-Female’ Agritech Experiment

    In the landscape of South African venture capital and impact investing, the focus is shifting from high-end fintech to the literal “ground floor.”
    Updates

    The Bottleneck at the Top: Get out of the Way for Business Growth

    Why business leaders are often the biggest obstacle to scaling, and what to do about it --By Sarah Rice, Executive Coach, Grow Business Coaching
    Updates

    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.

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