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    NORTHERN AFRICA

    NORTHERN AFRICA

    Wattnow Taps into Lateral Frontiers Fund to Accelerate Global Expansion

    Wattnow has already made significant strides in the market, with its solution deployed on over 500 sites across three continents.
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    NORTHERN AFRICA

    Egypt’s Leading Fintech Fawry Made $13.9M in Profit in the First Half of 2024, a 111% Improvement

    Fawry processes over 4 million transactions daily and serves approximately 51 million users each month.
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    NORTHERN AFRICA

    Maghreb VC Firms Look Beyond Borders After Local Startup Setbacks

    This strategic pivot is largely a response to a series of high-profile startup failures within the region, prompting investors to rethink their approach to safeguarding their portfolios.
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    Latest Funding

    Egypt’s Lucky ONE Secures $3M to Expand Credit Platform and Regional Footprint

    The funding marks a significant milestone for the company as it accelerates its path to profitability, targeting Q1 2025 for this achievement.
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    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.
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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.

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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”
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    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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    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.
    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.
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    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.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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