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    NORTHERN AFRICA

    Egypt Gets First Licensed Digital Bank: Banque Misr’s Onebank to Launch by Q4 2024

    In a landmark development for Egypt’s banking landscape, the Central Bank of Egypt has...

    Egyptian Transport Startup Swvl Records $12 Million in Operating Profit, After Acquisition Spree Losses

     Swvl Holdings Corp (Nasdaq: SWVL), an Egypt-born global provider of mobility solutions for businesses...

    With Previous Backing in Egypt and Tunisia, Oman Opens New $180M Fund for Startups in North Africa

    Abu Dhabi-based investment and holding company ADQ, in collaboration with the Oman Investment Authority...

    Fuzé Investment Series: Tunisian Cleantech Startup Monsapo Latest Addition

    In a move aimed at fostering sustainable entrepreneurship in Africa, Fuzé has announced its...
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    World’s Top Climate Investor Green Climate Fund Rolls Out $1.5B Plan — Africa Emerges as Top Beneficiary

    Among the approved funding, Africa emerged as the largest beneficiary, securing more than 38% of the total investment.

    Meet Africa’s Most Active Angel Investors

    Mapping Africa's angel investor landscape: Our research tracks over 400 individuals – from finance to law and tech leadership – actively deploying capital into the continent's booming startup ecosystem.

    How Startup Sumet Technologies Became a Top FMCG Player in Tanzania in Just Two Years 

    This tech-first approach has yielded impressive results, with Sumet reporting 15x growth since the second quarter of 2023 and a tripling of its team to over 70 employees.

    Can Swypex and Others Withstand Fawry’s Latest Onslaught? Egypt’s Fintech Scene Heats Up

    Giza-based Swypex recently raised $4 million in seed funding led by Accel. However, Fawry’s scale, resources, and latest additions to its offering further complicate matters for the two-year-old fintech.

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    World’s Top Climate Investor Green Climate Fund Rolls Out $1.5B Plan — Africa Emerges as Top Beneficiary

    Among the approved funding, Africa emerged as the largest beneficiary, securing more than 38% of the total investment.

    Meet Africa’s Most Active Angel Investors

    Mapping Africa's angel investor landscape: Our research tracks over 400 individuals – from finance to law and tech leadership – actively deploying capital into the continent's booming startup ecosystem.

    Stablecoin Giant Tether Deepens African Push Amid Regulatory Pressures in the US and EU

    The EU's MiCA framework has approved ten stablecoin issuers, including Circle and Crypto.com, to operate in the region. However, Tether, the largest stablecoin issuer, has been notably excluded from this EU approval.

    Ghana’s Long-Forgotten Startup Bill Revived by New Government: ‘Must Be Finalized by July 2025’

    The initiative appears well-intentioned, but one cannot ignore the déjà vu — similar promises were made in 2020.