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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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    Two Shutdowns in Two Years Raise Questions Over Canada-Africa Fintech Economics

    Two Canadian fintechs built to move money between Canada and Africa have now failed within the space of two years. The pattern is unlikely to be coincidental.

    Nigerian EV Startup MAX Secures $8m Debt to Power Pan-African Expansion

    Metro Africa Xpress (MAX), the Nigerian-born electric mobility and fintech platform, has secured $8m in debt financing from Dutch impact investor Triple Jump. The capital injection marks a significant step in the company’s transition toward an asset-backed lending model designed to scale its green...

    78% Below Cost: The Unforgiving Math Behind Digital Health Startup Vezeeta’s Pivot to Bricks and Mortar

    The deal is the most tangible sign yet that Egypt’s best known digital health platform is pivoting towards a hybrid model at a time when the purely online playbook is struggling

    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

    Latest articles

    Two Shutdowns in Two Years Raise Questions Over Canada-Africa Fintech Economics

    Two Canadian fintechs built to move money between Canada and Africa have now failed within the space of two years. The pattern is unlikely to be coincidental.

    Nigerian EV Startup MAX Secures $8m Debt to Power Pan-African Expansion

    Metro Africa Xpress (MAX), the Nigerian-born electric mobility and fintech platform, has secured $8m...

    France’s Digital Africa Launches $58M Seed Fund to Back Overlooked African Tech Markets

    The pan-African initiative backed by the French development finance system is launching its first dedicated seed vehicle, targeting 30 startups across 20 countries.

    Namibia’s Bellatrix Launches $10M Fund to Tackle Southern Africa’s ‘Capital Desert’

    The fund represents a rare equity-focused play from Namibia, a country better known for its commodities and institutional pension funds than its tech exports.