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    NORTHERN AFRICA

    Egypt’s Swvl Extends Profit Streak to Three Quarters on GCC Expansion

    Swvl’s journey has been marked by significant challenges since its $1.5bn SPAC merger in early 2022.

    Moroccan Proptech Yakeey Gets $7M Backing from IFC to Fix ‘Opaque’ Real Estate Market

    Launched in 2023 by Karim Beqqali, a veteran of the real estate sector and founder of Yamed Group...

    YC Alum Chari Raises $12M to Launch a Banking-as-a-Service Platform in Morocco

    The YC-backed startup is pursuing a dual strategy: embedding financial services for mom-and-pop shops while also offering its fintech infrastructure to other businesses.

    Egypt’s Exclusive Digital Banking Club Opens Doors to Middle East and Africa’s Largest Bank

    Aspiring digital banks are required to have a minimum issued and paid-up capital of EGP 2 billion ($41 million).
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    Familiar Money Bolsters OPay’s IPO Demand as Thin Float Raises Liquidity Questions

    As the Nigerian payments giant prepares to hit Wall Street, filings reveal an IPO heavily reliant on existing money.

    Khazna Joins Egypt’s Consumer Finance M&A Rush With Pharos Acquisition

    A regulatory clampdown has turned existing consumer finance licences into scarce commodities, sparking a rush of high-stakes deals across Cairo.

    Two Exits in Six Years: Dan Kleinbaum’s GTXN Acquired by Luno

    Deal gives the crypto exchange an owned settlement layer across developed–emerging market corridors - but proposed South African rules may restrict the very activity it enables.

    Cairo’s BPO Ecosystem Opens a New Front for Transatlantic Dealmaking

    While greenfield setups remain the main vehicle for corporate expansion in Egypt's tech export sector, cross-border M&A is emerging as an alternative for North American buyers seeking rapid scale.

    Latest articles

    Familiar Money Bolsters OPay’s IPO Demand as Thin Float Raises Liquidity Questions

    As the Nigerian payments giant prepares to hit Wall Street, filings reveal an IPO heavily reliant on existing money.

    Khazna Joins Egypt’s Consumer Finance M&A Rush With Pharos Acquisition

    A regulatory clampdown has turned existing consumer finance licences into scarce commodities, sparking a rush of high-stakes deals across Cairo.

    Aries Media Ventures Launches Fund I to Back Underfunded Mediatech Startups in Sub-Saharan Africa

    Former NBCUniversal exec is ditching Hollywood to back African mediatech

    9,228 Daily Swaps: Egyptian Billionaire-Backed Blu EV Tests the Limits of Battery-as-a-Service in MENA

    Naguib Sawiris's battery-swapping group has built the largest network of its kind in the Middle East and North Africa. Whether each cabinet earns back the batteries it cycles is a question it has not answered.