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    NORTHERN AFRICA

    Tunisia-born AI Startup ClusterLab Raises $600,000 in Pre-Seed Funding

    Tunisia-born artificial intelligence (AI) startup ClusterLab, headquartered in the UAE, has announced a significant...

    Egypt’s Pharmacy Marts Secures Bridge Round Funding from Acasia Ventures

    Egyptian healthtech startup Pharmacy Marts has recently announced securing a significant bridge round of...

    Leaked Foreign Exchange Code Reveals New Changes to Foreign Currency Accounts, PayPal, and Cryptocurrency in Tunisia

    A leaked presumed draft of the Foreign Exchange Code project has sparked heated controversy...

    Angel Investors Back Egyptian Healthtech Startup 30Med to Transform Medical Learning

    Egyptian healthtech startup 30Med has announced securing pre-seed funding from undisclosed angel investors, marking...
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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.