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    NORTHERN AFRICA

    Egypt’s Leading Fintech Fawry Made $13.9M in Profit in the First Half of 2024, a 111% Improvement

    Fawry processes over 4 million transactions daily and serves approximately 51 million users each month.
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    Latest Funding

    Launch Africa Ventures Investment Series: Fintech Startups Cauri Money and Kredete Join the List

    The platform connects borrowers and lenders, streamlining the lending process from application to repayment.
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    Venture Capital & Funding Sources

    AfDB Injects $10M into KawiSafi Fund II to Boost Africa’s Climate Tech

    "the Bank’s commitment will leverage investments into groundbreaking African startups tackling climate change through renewable energy, clean mobility, and other vital sectors for achieving our climate goals.”
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    Venture Capital & Funding Sources

    ‘Compete with VCs and Fail’ — Top CVC Investors in Africa Warn

    “Another challenge is ensuring the right people are running the CVC. It’s not a product."
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    Kenyan EV Startup Arc Ride Bags $33.3M to Power Africa’s Battery-Swapping Race

    The South African expansion follows a pilot in Cape Town that chief executive Joseph Hurst-Cross has described as successful.
    Updates

    Egyptian Proptech Nawy Expands Debt Program as Institutional Demand Surges

    The Cairo-based property platform has raised more than EGP1bn (USD20m) in less than a year by packaging Islamic home financing contracts into fixed-income funds.

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    Industry

    Cash Plus Buys Into Morocco’s Airport Taxi Startup Ahead of 2030 World Cup

    Moroccan airports handled a record 36 million passengers in 2025.
    Industry

    Jumia Files to Let Four Investors Sell $15m of Shares Two Weeks After Rescue Raise

    The registration statement confirms that some investors who stepped in to save Jumia are already positioning to leave.

    Latest articles

    Updates

    Kenyan EV Startup Arc Ride Bags $33.3M to Power Africa’s Battery-Swapping Race

    The South African expansion follows a pilot in Cape Town that chief executive Joseph Hurst-Cross has described as successful.
    Updates

    Egyptian Proptech Nawy Expands Debt Program as Institutional Demand Surges

    The Cairo-based property platform has raised more than EGP1bn (USD20m) in less than a year by packaging Islamic home financing contracts into fixed-income funds.
    Updates

    Beauty Queens, Bitcoin, and Market Rigging: Inside the Scandal Rocking Africa’s Crypto Pioneer

    A former Miss South Africa, an illiquid stock scheme, and a 20-year ban: regulators have clamped down on the executive team behind Africa’s high-profile Bitcoin treasury pioneer.
    Industry

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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