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    Egyptian AI Startup Synapse Analytics Secures $2M Led by Silicon Badia and Hub 71

    The startup specializes in providing advanced AI software designed to enhance financial decision-making processes, including credit scoring, cross-selling, dynamic pricing, and electronic Know Your Customer/Business (eKYC/eKYB) procedures.

    Ivory Coast-Based Fintech Hub2 Secures New Funding to Expand Payment Services

    In a subsequent funding round in September 2023, HUB2 received a €1.25 million equity investment from ESSOR PME La Réunion.

    MNT Halan Eyes Egyptian Stock Exchange Listing, Targets $1 Billion Financing Portfolio

    The company aims to bolster its financing portfolio to a substantial $1 billion by the year’s end.

    Profitability-Focused Cartona Raises $8.1M for Egyptian Expansion and Potential Saudi Entry

    Cartona’s asset-light approach has allowed them to scale rapidly, as evidenced by their annualized gross merchandise volume (GMV) increasing from EGP 2.3 billion ($120 million) in 2022 to EGP 10 billion ($210 million) currently. This scalability is appealing to investors seeking high-growth potential.
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    Coca-Cola Joins Egypt’s High-Value Tech Offshoring Wave

    The newly launched Coca-Cola HBC Digital Hub will serve as a centralized digital delivery platform supporting the company’s operations across 27 markets in Europe and Africa.

    Most AI Coding Tools Are Leaking Users. SA’s HyperDev Just Raised $1M to Fix the Leak

    Company founded by former OpenAI and Google engineers nears 100,000 users with a platform designed to help deploy software, not just generate code.

    From Tax Bots to Farm Finance, Hyper-Local AI Is South Africa’s New Battleground

    In an ecosystem often criticised for importing foreign business models, this wave of localised AI, built on proprietary, hard-to-replicate datasets, represents a native competitive advantage.

    Proparco Anchors Rare Moroccan LP Position in EmTech’s New $60M Early-Stage Fund

    The fund plans to invest in around 20 startups, writing cheques of between $500,000 and $3m in pre-Series A and Series A rounds.

    Latest articles

    Coca-Cola Joins Egypt’s High-Value Tech Offshoring Wave

    The newly launched Coca-Cola HBC Digital Hub will serve as a centralized digital delivery platform supporting the company’s operations across 27 markets in Europe and Africa.

    Most AI Coding Tools Are Leaking Users. SA’s HyperDev Just Raised $1M to Fix the Leak

    Company founded by former OpenAI and Google engineers nears 100,000 users with a platform designed to help deploy software, not just generate code.

    GoCab Recruits Former Anka CEO as Ivory Coast Head Months After Anka’s Collapse

    Tabouré takes operational role at vehicle-financing platform months after the collapse of his e-commerce venture

    Why Africa’s Startup Funding Leaderboards Look Different This Year

    A quiet rotation is reshaping African technology funding this year.