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    NORTHERN AFRICA

    Egypt’s Kemitt Secures Undisclosed Funding, Expands into Saudi Arabia

    With over 100,000 SKUs, Kemitt’s unique on-demand manufacturing model ensures orders are delivered efficiently within 7 to 12 days.
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    Ecosystem News

    IFC Leads $157.5M Funding Round in Egyptian Fintech Giant MNT-Halan

    This latest capital infusion follows a series of substantial funding rounds totaling $520 million over the past two years.
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    WESTERN AFRICA

    Meta, WhatsApp Hit with Record $220M Fine in Nigeria, Vow to Fight Back

    The FCCPC’s investigation, conducted jointly with the Nigeria Data Protection Commission (NDPC), found that Meta and WhatsApp engaged in abusive and invasive practices against Nigerian consumers and data subjects
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    EASTERN AFRICA

    Ethiopian Banks Gain New Investment Powers: Startups, Others Now Fair Game

    Banks can hold up to 10% equity shares in a single non-banking business other than insurance.
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    Updates

    Dodai Raises $13m Series A to Scale EV Battery-Swapping in Ethiopia

    Three years ago, when electric mobility was still an experimental idea in much of Africa, Japanese entrepreneur Yuma Sasaki made an unconventional choice.
    Ecosystem News

    The Battle for Driver Financing: Gozem’s $24.5M Debt Raise Raises the Stakes for Regional Rivals

    The new facility comes on the heels of a transformative 12 months for the Lomé-based company.

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    Partner Content

    A New Expansion Map: African Startups Redraw Routes Through Accra

    From Nigerian defence contractors to Kenyan logistics software, a new cohort of well-capitalised tech firms is bypassing traditional hubs to set up operational bases in Accra.
    Partner Content

    From Kitchens to Cockpits: The Egyptian Startup Turning Cooking Oil Into a 25x Investor Return

    Delta Oil operates at the intersection of waste management and energy production.

    Latest articles

    Updates

    Dodai Raises $13m Series A to Scale EV Battery-Swapping in Ethiopia

    Three years ago, when electric mobility was still an experimental idea in much of Africa, Japanese entrepreneur Yuma Sasaki made an unconventional choice.
    Ecosystem News

    The Battle for Driver Financing: Gozem’s $24.5M Debt Raise Raises the Stakes for Regional Rivals

    The new facility comes on the heels of a transformative 12 months for the Lomé-based company.
    Policy & Regulations Forum

    Egypt’s Central Bank Removes Ownership Cap on Fintechs, Clearing the Way for Bank Acquisitions

    A circular issued recently by the CBE expands the legal definition of "financial companies" to include fintech startups, money transfer operators, and SME lenders.
    Updates

    The Franchise Ceiling Nobody Talks About

    "Growth is outpacing the structures built to hold it. The answer is not more stores, it is a better middle layer." - Larry Hodes, CEO Grow Franchising & FASA Board Member, writes from Johannesburg.

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