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    NORTHERN AFRICA

    Ecosystem News

    Profit Over GMV: Wasoko and MaxAB Shift Focus in Landmark African E-Commerce Merger 

    The integration of their 16 subsidiaries across multiple countries involved a meticulous eight-month process, reflecting the complexities inherent in such large-scale deals.
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    Latest Funding

    Baobab Network Expands Its Portfolio with New Investments Across Africa

    Baobab Network, a prominent venture capital firm dedicated to supporting innovative startups across Africa,...
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    NORTHERN AFRICA

    Egypt’s ValU Raises $22.3 Million in New Debt Financing

    ValU has revolutionized the financial services sector in Egypt by empowering millions of individuals through its buy now, pay later (BNPL) platform, U.
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    NORTHERN AFRICA

    Saudi Prince Backs Egyptian Climatetech Startup NoorNation

    NoorNation, founded in 2021 by Ragy Ramadan, has developed a groundbreaking product called LifeBox. This innovative solution delivers clean energy and safe water to rural communities, farms, and tourism businesses, offering a much-needed alternative to traditional, often unreliable, energy sources.
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    Fido Ghana Secures $5.5M Debt to Sharpen AI Credit Scoring for Africa’s ‘Invisible’ Borrowers

    While the global venture capital market remains selective, the appetite for African fintechs solving the "data gap" is showing resilience.
    Updates

    France’s Hummingbirds Raises $59M to Scale Carbon Credit Sales in Kenya and Across Africa

    Most carbon finance enters the market once a project is already operational. Hummingbirds is moving further upstream to address the supply-side bottleneck.

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    Bosta’s Blitz: Can a SuperJet Deal and a Planned IPO Fix Egypt’s Last-Mile Growing Pains?

    Bosta is successfully executing the first half of the “Scale-at-All-Costs”
    Partner Content

    Beyond the Handshake: How AI Is Forcing Universities to Rewrite Their Contract with Students

    With 39% of core skills expected to shift by 2030, universities are ditching the lecture hall for project-based 'technical hybrids' and AI-integrated curricula.

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    Updates

    Fido Ghana Secures $5.5M Debt to Sharpen AI Credit Scoring for Africa’s ‘Invisible’ Borrowers

    While the global venture capital market remains selective, the appetite for African fintechs solving the "data gap" is showing resilience.
    Updates

    France’s Hummingbirds Raises $59M to Scale Carbon Credit Sales in Kenya and Across Africa

    Most carbon finance enters the market once a project is already operational. Hummingbirds is moving further upstream to address the supply-side bottleneck.
    Partner Content

    The Diaspora Founder Formula Behind Côte d’Ivoire’s Most Prolific Venture Studio

    Mstudio now accounts for 68% of all disclosed pre-seed and seed rounds in the country.
    Ecosystem News

    Afreximbank Deepens Bet on Spiro With Over $200m in Backing in Two Years

    The rapid succession of capital injections makes Spiro one of the most heavily capitalized e-mobility players operating on the continent.

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