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    NORTHERN AFRICA

    Egypt Approves First-Ever Fintech Startup for SME Financing

    The Financial Regulatory Authority (FRA) of Egypt has announced the approval of two significant...

    Algerian Freelancers Flock to New Auto-Entrepreneur Card, But for a Different Reason

    The Algerian auto-entrepreneur card recognizes freelancers working in various domains, including consulting, digital services, personal coaching, and cultural activities. By obtaining this card, freelancers can operate within the official economy and gain access to numerous benefits.

    A National Startup Unit Now Up and Running in Egypt: Here’s What It Offers Startups

    Egypt has officially launched a startup new unit. The Entrepreneurship and Startup Companies Unit,...

    Shorooq Partners, Backers of Egypt’s Breadfast, Closes Second Credit Fund at $100 Million

    Shorooq Partners, a Middle East and North Africa (MENA) alternative investment firm, announced the...
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    Powering Up: Why Fintechs Are Targeting South Africa’s Prepaid Electricity Startups

    Consolidation in Southern Africa’s utility fintech sector is accelerating as established operators look beyond traditional merchant acquiring and airtime lending.

    BII Injects $15M Into Starsight Energy to Tackle West Africa’s Diesel Reliance

    The mezzanine debt facility will primarily target Nigeria, where businesses currently depend on an estimated 40GW of expensive, self-generated fossil fuel power.

    The Riyadh-Cairo Pipeline: Saudi’s VMS Lands in Egypt to Hunt for Seed+ Scaleups

    Founders looking to join the first cohort have a narrow window to apply.

    A New Wave of Tech Firms Is Tapping Nigeria’s Public Debt Market

    The broader market backdrop explains why more technology companies are exploring this route.

    Latest articles

    Powering Up: Why Fintechs Are Targeting South Africa’s Prepaid Electricity Startups

    Consolidation in Southern Africa’s utility fintech sector is accelerating as established operators look beyond traditional merchant acquiring and airtime lending.

    BII Injects $15M Into Starsight Energy to Tackle West Africa’s Diesel Reliance

    The mezzanine debt facility will primarily target Nigeria, where businesses currently depend on an estimated 40GW of expensive, self-generated fossil fuel power.

    Moniepoint-Backer Lightrock Africa Secures IFC Anchor for New $200M Growth Fund

    The World Bank Group's private sector arm is anchoring the Nairobi-headquartered manager's second African growth equity vehicle, which targets eight to twelve portfolio companies across Nigeria, Kenya, and South Africa.

    Three Years, $618M Pledged: Nigeria’s iDICE Tech Fund Finally Lands With a $729K Startup Grant

    The gap between that announcement and this week’s grant disclosure illustrates how slowly large development-finance vehicles translate into founder-facing capital in Africa’s largest economy.