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    NORTHERN AFRICA

    NORTHERN AFRICA

    Egyptian Fintech Startup MNZL Attracts $3.5 Million Investment for Disruptive Lending Platform

    MNZL, a fintech startup based in Cairo, Egypt, has secured a substantial investment totaling...
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    Ecosystem News

    Accel Leads $4M Investment in Swypex, a Gamechanger for Egyptian Corporate Cards

    Swypex, a recently emerged Egyptian corporate cards startup still in beta, managed to secure...
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    NORTHERN AFRICA

    With 25% Stake, Swvl Founder Chooses Growth Over Dividends After Profit Turnaround

    Swvl Holdings Corp (Nasdaq: SWVL), an Egyptian-based pioneer in public transportation services, has outlined...
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    Ecosystem News

    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...
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    Paymob Scoops $35M as GCC Market Hits Nearly Half of Group Revenue

    Egyptian payments provider gains backing from Mubadala and EBRD as revenues triple across Middle East markets
    Updates

    Spiro Takes Total Debt From Africa Go Green Fund to $36M

    Additional $18m loan backed by Swedfund-capitalised fund will expand battery-swapping infrastructure across Uganda and Rwanda.

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    Industry

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.
    Industry

    Four Startups, One Lead Investor: Inside Atlantica’s African AI Infrastructure Thesis

    A Lagos-based venture firm has backed four AI-native infrastructure start-ups in 18 months.

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    Updates

    Paymob Scoops $35M as GCC Market Hits Nearly Half of Group Revenue

    Egyptian payments provider gains backing from Mubadala and EBRD as revenues triple across Middle East markets
    Updates

    Spiro Takes Total Debt From Africa Go Green Fund to $36M

    Additional $18m loan backed by Swedfund-capitalised fund will expand battery-swapping infrastructure across Uganda and Rwanda.
    Ecosystem News

    Mission Mobile Gets $30M From DNI to Take on M-KOPA in South Africa’s Device Financing Boom

    Pepkor, through its FoneYam platform, accounts for a dominant share of prepaid handset sales in the country .
    Updates

    Complete Farmer Nears $12m Equity Haul as World Bank’s IFC and BIFT Back Ghanaian Agritech

    The capital injection aims to address persistent supply chain fragmentation and credit bottlenecks that restrict smallholder crop yields across West Africa.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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