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    Ecosystem News

    Nigerian Startups Get New Startup House in Bay Area — What Does it Offer?

    Nigerian startups have a new launchpad in the heart of the global tech scene....

    d.Light to Light Up Ugandan Refugee Settlements with New $3 Million Funding

    d.light, a leading provider of solar products and financing solutions for low-income households, announced...

    Egypt’s Leading Fintech Company Fawry Records $7 Million Profit in First Quarter of 2024

    Fawry, Egypt’s foremost fintech company, has reported a significant financial upswing, recording a net...

    Bahrain’s Beyon Solutions Expands Regional Footprint with Egypt’s Link Development Acquisition

    Beyon Solutions, a subsidiary of Bahrain Mumtalakat Holding Company, announced today the signing of...
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    Nigeria’s Medsaf Quietly Shut Down in 2024 After Raising $2M to Digitise the Pharmaceutical Supply Chain

    Medsaf’s Delaware corporation is still undergoing formal wind-down procedures, while its Nigerian entity remains dormant.

    African Startup Deal Tracker — Newest Deals

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

    The Egyptian Bond Wagon Is Rolling — and Fawry Is the Latest Fintech to Climb Aboard

    The Egyptian fintech sector is witnessing a surge in debt financing as major players turn to securitization and bond issuances to fuel growth. The latest to join the trend is Fawry, the country’s leading digital payments company, whose subsidiary Fawry for Micro, Small, and...

    Algeria’s First Startup IPO Pays Off with Dividends for Early Believers Six Months After

    For investors who took a chance on a little-known startup just two years ago, it’s also a tangible return.

    Latest articles

    Nigeria’s Medsaf Quietly Shut Down in 2024 After Raising $2M to Digitise the Pharmaceutical Supply Chain

    Medsaf’s Delaware corporation is still undergoing formal wind-down procedures, while its Nigerian entity remains dormant.

    African Startup Deal Tracker — Newest Deals

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

    West Africa’s Central Bank, BCEAO, Extends Fintech Licensing Deadline Amid Industry Pressure

    Launch Base Africa describes the development as one of the most closely followed issues on its platform in the region during the month of May.

    AfricInvest Ends Multi-Year Bet on Egyptian Fintech MDP

    The company, co-founded and led by Ahmed Nafie, offers an end-to-end digital payment infrastructure solution across Africa and the Middle East.