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    NORTHERN 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.
    Read more
    Ecosystem News

    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...
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    Ecosystem News

    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.
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    Ecosystem News

    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.
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    Paymob Scoops $35M as GCC Market Hits Nearly Half of Group Revenue

    Egyptian payments provider gains backing from Mubadala and EBRD as revenues triple across Middle East markets
    Updates

    Spiro Takes Total Debt From Africa Go Green Fund to $36M

    Additional $18m loan backed by Swedfund-capitalised fund will expand battery-swapping infrastructure across Uganda and Rwanda.

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    Industry

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.
    Industry

    Four Startups, One Lead Investor: Inside Atlantica’s African AI Infrastructure Thesis

    A Lagos-based venture firm has backed four AI-native infrastructure start-ups in 18 months.

    Latest articles

    Updates

    Paymob Scoops $35M as GCC Market Hits Nearly Half of Group Revenue

    Egyptian payments provider gains backing from Mubadala and EBRD as revenues triple across Middle East markets
    Updates

    Spiro Takes Total Debt From Africa Go Green Fund to $36M

    Additional $18m loan backed by Swedfund-capitalised fund will expand battery-swapping infrastructure across Uganda and Rwanda.
    Ecosystem News

    Mission Mobile Gets $30M From DNI to Take on M-KOPA in South Africa’s Device Financing Boom

    Pepkor, through its FoneYam platform, accounts for a dominant share of prepaid handset sales in the country .
    Updates

    Complete Farmer Nears $12m Equity Haul as World Bank’s IFC and BIFT Back Ghanaian Agritech

    The capital injection aims to address persistent supply chain fragmentation and credit bottlenecks that restrict smallholder crop yields across West Africa.

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

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