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    Ecosystem News

    Africa’s Leading Accelerator Becomes VC Firm 54 Collective. With Tighter Investment Mandate

    “We’re narrowing our sectoral focus to concentrate on early-stage startups where our support can make a more significant difference.”
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    Latest Funding

    Egypt’s Lucky ONE Secures $3M to Expand Credit Platform and Regional Footprint

    The funding marks a significant milestone for the company as it accelerates its path to profitability, targeting Q1 2025 for this achievement.
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    Ecosystem News

    North Africa Operations Save Jumia as Currency Woes Land Heavy Blows in Nigeria

    North Africa, primarily driven by Egypt, witnessed growth, while West Africa, heavily reliant on Nigeria, experienced a decline.
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    NORTHERN AFRICA

    Egypt’s Qardy Secures Seven-Figure Pre-Seed Funding to Boost SME Lending in Egypt

    Since its soft launch in late 2022, Qardy has rapidly gained traction, onboarding over 1,000 corporate clients and facilitating loan transactions worth more than $12 million.
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    Egypt’s Licence Freeze Spawns $95m Tamweely Deal

    Egyptian digital payments and fintech group e-Finance for Digital and Financial Investments has agreed to acquire microfinance provider Tamweely for about EGP4.75bn ($94.5m), in the latest sign that a regulatory freeze on new non-bank financial licences is forcing consolidation through acquisitions. The seller is a...
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    Africa’s Founder Exit Wave Is Hitting Health-Tech Hardest

    Growing CEO departures in 18 months mark the end of the continent's "blitz-scaling" era and the uncomfortable arrival of institutional governance.

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    From an Angry Post to a $50m Ribbon-Cutting: The Land Battle Behind an Egyptian Deeptech Scaleup’s $50m Factory

    Sixteen months later, on a hot July day in 2026, Egypt's finance minister, Ahmed Kouchouk, returned to a company whose public frustration had once laid bare the country's industrial bureaucracy.
    Partner Content

    Airtel Africa Picks London for $245bn Mobile Money IPO but Faces Independence Test

    Rapid growth and 56.5m users make it Africa’s hottest tech float. But privately negotiated intra-group fees threaten to cloud its standalone public valuation.

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    Updates

    Egypt’s Licence Freeze Spawns $95m Tamweely Deal

    Egyptian digital payments and fintech group e-Finance for Digital and Financial Investments has agreed...
    Updates

    Africa’s Founder Exit Wave Is Hitting Health-Tech Hardest

    Growing CEO departures in 18 months mark the end of the continent's "blitz-scaling" era and the uncomfortable arrival of institutional governance.
    Policy & Regulations Forum

    Once Bitten, Twice Global: Africa’s Stablecoin Darlings Build Their Escape Hatches

    As global investors pour millions into African cross-border infrastructure, local central banks appear to be pushing back.
    Partner Content

    Post-Office Relief: US Kills BOI Rules in Stealth Win for Foreign Tech

    By dismantling beneficial ownership registers, Washington inadvertently protected foreign tech entrepreneurs from fines and privacy leaks.

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