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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.
    Read more
    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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    900% ROI: Behind the Aggressive Maths of South Africa’s Vehicle-Tracking Giant

    Most businesses that spend heavily on marketing can only guess at the eventual return.
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    Why E Squared Investments Is Backing South Africa’s ‘All-Female’ Agritech Experiment

    In the landscape of South African venture capital and impact investing, the focus is shifting from high-end fintech to the literal “ground floor.”

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    78% Below Cost: The Unforgiving Math Behind Digital Health Startup Vezeeta’s Pivot to Bricks and Mortar

    The deal is the most tangible sign yet that Egypt’s best known digital health platform is pivoting towards a hybrid model at a time when the purely online playbook is struggling
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    Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround

    Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat

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    Updates

    900% ROI: Behind the Aggressive Maths of South Africa’s Vehicle-Tracking Giant

    Most businesses that spend heavily on marketing can only guess at the eventual return.
    Updates

    Why E Squared Investments Is Backing South Africa’s ‘All-Female’ Agritech Experiment

    In the landscape of South African venture capital and impact investing, the focus is shifting from high-end fintech to the literal “ground floor.”
    Updates

    The Bottleneck at the Top: Get out of the Way for Business Growth

    Why business leaders are often the biggest obstacle to scaling, and what to do about it --By Sarah Rice, Executive Coach, Grow Business Coaching
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    Two Shutdowns in Two Years Raise Questions Over Canada-Africa Fintech Economics

    Two Canadian fintechs built to move money between Canada and Africa have now failed within the space of two years. The pattern is unlikely to be coincidental.

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