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    NORTHERN AFRICA

    NORTHERN AFRICA

    Fuzé Investment Series: Tunisian Fintech Konnect Networks Gets Funding Boost

    Konnect Networks, a leading payment solution provider in North Africa, offers businesses of all sizes a simple and intuitive platform to accept a variety of payment methods.
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    NORTHERN AFRICA

    $500K Up for Grabs: Moroccan Diaspora’s MFounders Targets High-Potential Startups

    The club will focus on startups requiring initial funding between $50,000 and $500,000, addressing a critical need in the funding landscape for early-stage ventures.
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    NORTHERN AFRICA

    Egyptian Fintech Fawry Rewards Employees with $1M+ Share Deal Amid Soaring Q1 Profits

    Fawry employees collectively hold 43.1 million shares in the company, representing a portion of the over 227 million shares allocated under the company’s Employee Stock Ownership Plan (ESOP)
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    Ecosystem News

    Silent Exit: Egyptian Fintech Cassbana Shuttered Operations After Losing $2M Funding

    Co-founders Mohamed Tarek and Mostafa Barakat have since left the company to pursue other endeavors, and Cassbana’s website is no longer active.
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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
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    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.
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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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