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    NORTHERN AFRICA

    Egypt’s Paymob Raises $72M in Series B to Further Diversify Products and Expand Across MENA

    Paymob’s growth trajectory has been impressive, with the company now supporting over 350,000 merchants, a dramatic increase from just over 100,000 in 2022.

    Egypt’s FlapKap Secures $34M Pre-Series A Funding to Scale SME Financing Across MENA

    FlapKap’s goal is to scale its impact across the MENA region, providing essential capital to SMEs that often face barriers in accessing traditional financing.

    Egypt’s Brotinni Secures Investment from Entilaq to Expand Regional Reach

    The startup raised $600,000 in a seed funding round led by Innlife investments in 2022.

    With Over $10M in Funding, Tunisia’s Wattnow Aims to Use AI for Real-Time Energy Monitoring

    Wattnow is strategically positioned to capitalize on this expansion, particularly in its primary markets in Europe and the Middle East and Africa (MEA), where the market size was estimated at $11.77 billion and $1.68 billion, respectively.
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    CIB’s Yomo Joins Egypt’s Growing Club of Incumbent-Backed Digital Banks

    Commercial International Bank (CIB), Egypt's largest listed bank, has received preliminary approval from the Central Bank of Egypt (CBE) to launch yomo, a standalone digital bank.

    AgDevCo Ventures Raises $49M in First Close for East African Agri-SME Fund

    The new vehicle will write $1m–$3m tickets into farming and agri-processing companies, backed by IFAD, a private lender consortium and UK development capital.

    Inside dLocal’s $23.7M AZA Finance Deal: $22.8M of Customers, IP and Goodwill

    The Nasdaq-listed payments group settled its restructured Africa transaction without paying cash.

    Post-Office Relief: US Kills BOI Rules in Stealth Win for Foreign Tech

    By dismantling beneficial ownership registers, Washington inadvertently protected foreign tech entrepreneurs from fines and privacy leaks.

    Latest articles

    CIB’s Yomo Joins Egypt’s Growing Club of Incumbent-Backed Digital Banks

    Commercial International Bank (CIB), Egypt's largest listed bank, has received preliminary approval from the Central Bank of Egypt (CBE) to launch yomo, a standalone digital bank.

    AgDevCo Ventures Raises $49M in First Close for East African Agri-SME Fund

    The new vehicle will write $1m–$3m tickets into farming and agri-processing companies, backed by IFAD, a private lender consortium and UK development capital.

    High Frequency, Low Churn: The Unexpected Power Users of Cross-Border Fintech

    For most financial technology companies, the race for growth hinges on capturing the youngest, most digitally-native users. But that could be misleading.

    From Wages to Fraud to Deliveries: The Pattern Behind South Africa’s Recent Startup Funding

    A run of recent funding rounds shows local venture capital gravitating toward one type of company - regardless of sector.