More
    HomeEcosystem NewsNORTHERN AFRICA

    NORTHERN AFRICA

    Egypt’s Qardy Secures Seven-Figure Pre-Seed Funding to Boost SME Lending in Egypt

    Since its soft launch in late 2022, Qardy has rapidly gained traction, onboarding over 1,000 corporate clients and facilitating loan transactions worth more than $12 million.

    Maroc Numeric Fund II Hit Hard: Fintech Startup Yallah Xash Closes Doors

    Previous investments that faltered include NetPeas, an IT services company that failed to deliver on its SaaS security solutions; Souk Affaires.ma...

    Egyptian AI Startup Synapse Analytics Secures $2M Led by Silicon Badia and Hub 71

    The startup specializes in providing advanced AI software designed to enhance financial decision-making processes, including credit scoring, cross-selling, dynamic pricing, and electronic Know Your Customer/Business (eKYC/eKYB) procedures.

    MNT Halan Eyes Egyptian Stock Exchange Listing, Targets $1 Billion Financing Portfolio

    The company aims to bolster its financing portfolio to a substantial $1 billion by the year’s end.
    spot_img

    Keep exploring

    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.

    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.”

    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

    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

    Latest articles

    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.

    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.”

    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

    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.