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    NORTHERN AFRICA

    From Debanking to Backing: HSBC Egypt Launches Surprise $31M Startup Fund

    In a significant shift, HSBC Egypt is launching a 1.5 billion Egyptian pounds (approximately...

    France Launches “Fonds Maghreb,” a €100M Fund Backing Startups Expanding to North Africa

    In a landmark initiative announced by the President of the Republic, the French government...

    Two Years After Moroccan Buyout, EmergingTech Ventures Raising $60M Fund II to Back Local Startups

    EmergingTech Ventures, a Moroccan venture capital firm, is raising $60 million for its second...

    Egypt’s i’SUPPLY Secures Pre-Series A Funding, Totaling $2.5 Million Raised

    i’SUPPLY, a leading Egyptian B2B medtech platform specializing in pharmaceutical distribution, has successfully closed...
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    Gigmile Partners with Yango Taxi to Offer Car Loans in Ghana

    Kayode Adeyinka, previously the Country Manager of Jumia Ghana, co-founded Gigmile in 2022 to solve one of Jumia Ghana's biggest pain points: the lack of drivers to deliver products.

    Post-Mortem: How Fintech Startup Zazuu Left Barely £3000 for Investors to Redeem After $2M Funding

    The statement shows that Zazuu's assets are alarmingly meager, totaling a mere £3,300 in cash.

    Open Startup Opens Applications for OST Support Program for Senegalese, Tunisian, and Moroccan Startups

    Open Startup (OST) is a non-governmental organization dedicated to fostering innovation through entrepreneurship, education, and intercultural exchanges. By connecting ecosystems across Africa and beyond, OST aims to build communities that promote innovation and capacity development. On Wednesday, June 26, 2024, OST announced the opening...

    Tunisian Startups Secure 50 Deals Through Orange Fab Accelerator Program

    Orange Tunisia continues to actively support Tunisian startups through its comprehensive program, from guidance to acceleration, via the Orange Digital Center. This year, the 6th cohort of Orange Fab accelerator program includes 5 new accelerated Tunisian startups, bringing the total to 35 since the...

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    Gigmile Partners with Yango Taxi to Offer Car Loans in Ghana

    Kayode Adeyinka, previously the Country Manager of Jumia Ghana, co-founded Gigmile in 2022 to solve one of Jumia Ghana's biggest pain points: the lack of drivers to deliver products.

    Post-Mortem: How Fintech Startup Zazuu Left Barely £3000 for Investors to Redeem After $2M Funding

    The statement shows that Zazuu's assets are alarmingly meager, totaling a mere £3,300 in cash.

    Dust Off the CV or Dive Deeper? The Typical Paths of African Tech Founders After Startup Failure

    What options are immediately available to African startup founders in the wake of failure? Dust off the CV or relocate?

    Egypt’s ValU Secures $24.8 Million to Fuel Expansion in Financial Services

    ValU, a leading Egyptian fintech company, empowers millions through its "U" BNPL platform and diverse innovative products like "AZ Valu" and "EFG Hermes ONE."