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    NORTHERN AFRICA

    Out of Style: Why North Africa’s Venture-Backed Fashion Startups Are Disappearing

    After a multimillion-dollar funding boom, North Africa’s once-hyped fashion startups are quietly going bust. What went wrong?

    Egypt’s Fintech Firms Given 12 Months to Get Licensed or Shut Down

    Importantly, the new rules also apply to foreign firms offering payment services to customers inside Egypt.

    Tesla Opens Casablanca Office With Plans to Sell Cars, Solar — and Electricity

    Tesla’s Moroccan debut comes amid a shifting landscape.

    Africa’s Biggest Battery-Backed Solar Project Is Coming to Southern Egypt — Backed by $184M in Funding

    Located in Qena Governorate in southern Egypt, the $590 million project has been granted a Golden License.
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    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    Munify Lands $3M Seed to Build New Rails for Egypt’s $30bn Remittance ‘beast’

    The startup is headquartered with an international outlook, serving Egyptian expatriates across the U.S., Europe, and the Gulf, while also targeting business .

    Real Estate is Eating Startups: Why Founders Need a Smarter Space Strategy

    The startup graveyard is full of good ideas undone by bad decisions.

    From Trump’s Firing Line to Visa’s Embrace: An African Insurtech’s Survival Story

    The insurtech for farmers saw its future thrown into doubt by a US foreign aid freeze.

    Latest articles

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    Munify Lands $3M Seed to Build New Rails for Egypt’s $30bn Remittance ‘beast’

    The startup is headquartered with an international outlook, serving Egyptian expatriates across the U.S., Europe, and the Gulf, while also targeting business .

    Kenya’s Poa Internet Lands $4m to Bridge Urban Digital Divide

    Founded in 2015, Poa Internet has carved out a niche by specifically targeting low and middle-income neighbourhoods often overlooked by larger telcos like Safaricom and Zuku.

    South Africa’s Central Bank Just Bought Half the Country’s Payments Plumbing. Meet PayInc

    South Africa's once-sleepy interbank utility has a new name and a powerful new part-owner in the central bank. The mission? To finally drag the nation away from cash.