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    Footballers Koundé and Tchouameni Back Senegalese Logistics Startup Paps in New Funding Round

    Founded in 2016 by Bamba Lo and Rokhaya Sy, Paps offers a suite of technology-driven logistics solutions designed to streamline supply chains for businesses across Africa.

    US DFC Pours New Funding into Kenyan Startups Following President Ruto’s State Visit

    DFC has allocated $10 million each to Mogo Auto Kenya and BasiGo to further advance e-mobility solutions in Kenya. This aligns with President Ruto’s Africa Green Industrialization Initiative and builds upon DFC’s existing support for sustainable transportation in the country.

    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.
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    From Elmenus to Sylndr: Ex-Foodtech Exec Raises Fresh $25.7M to Overhaul Egypt’s Used Car Market

    The company aims to formalize Egypt’s highly fragmented used car market — estimated at $10 billion — by introducing standardized pricing, digital financing, and secure ownership transfers.

    Prosus Backs Egypt’s Thndr in $15.7M Round to Boost Retail Investing

    The company recorded impressive growth in 2024, adding over 1 million users who placed more than 15 million investment orders worth approximately EGP 170bn ($3.4bn).

    Cash Plus Ramps Up as Revolut and Regional Fintechs Eye Morocco Ahead of Global Events

    The Casablanca-based financial services provider has announced that non-residents can now open accounts using only a valid passport.

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    From Elmenus to Sylndr: Ex-Foodtech Exec Raises Fresh $25.7M to Overhaul Egypt’s Used Car Market

    The company aims to formalize Egypt’s highly fragmented used car market — estimated at $10 billion — by introducing standardized pricing, digital financing, and secure ownership transfers.

    Prosus Backs Egypt’s Thndr in $15.7M Round to Boost Retail Investing

    The company recorded impressive growth in 2024, adding over 1 million users who placed more than 15 million investment orders worth approximately EGP 170bn ($3.4bn).

    Two Exits, One Startup — MaxAB-Wasoko Is the Latest to Acquire Egypt’s B2B Marketplace Fatura

    Over the next 12 to 18 months, MaxAB-Wasoko says it expects to see significant topline growth and improved operational efficiency.

    Where Did All the Nigerian VCs Go? Inside the 2025 Funding Drought 

    We looked through our data and uncovered a jarring reality: in 2025, Nigerian VCs are eerily quiet—even after some announced headline-making fundraises. For local founders, this isn’t just a data point; it’s a big concern.