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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.
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    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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    Nigerian Fintech Bfree Secures New Funding to Buy Up Africa’s Bad Loans

    The latest capital injection adds to a steady string of financing for the startup.
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    Former Molten Ventures CEO Moves Into Southern African Secondaries With New £50m Fund

    The pan-African VC firm takes on an investment advisory role for the Botswana Tech Fund, which is targeting Southern Africa's undercapitalised digital economy

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    From Kitchens to Cockpits: The Egyptian Startup Turning Cooking Oil Into a 25x Investor Return

    Delta Oil operates at the intersection of waste management and energy production.
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    “No Shortcuts Through the Data”: How Intron is Building African Voice Infrastructure from Scratch

    "The assumption we had to kill earliest was that the technical problem was the hardest one. It is not."

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    Updates

    Nigerian Fintech Bfree Secures New Funding to Buy Up Africa’s Bad Loans

    The latest capital injection adds to a steady string of financing for the startup.
    Ecosystem News

    Former Molten Ventures CEO Moves Into Southern African Secondaries With New £50m Fund

    The pan-African VC firm takes on an investment advisory role for the Botswana Tech Fund, which is targeting Southern Africa's undercapitalised digital economy
    Updates

    Major ValU Investor Sells Down Stake in First Secondary Deal Since Listing

    The sale comes as Egypt’s capital markets have shown signs of renewed activity following a period of muted equity capital markets (ECM) transactions.
    Partner Content

    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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