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    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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    Research & Reports

    Want to Raise a VC Fund in Africa? Expect a Year and a Half to Establish Your Track Record

    Only 32% of established investment managers and 26% of emerging investment managers work full-time on their investment vehicles.
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    Updates

    Branch Closure Rumours Put Egypt’s Non-Bank Finance Regulation Under the Spotlight

    Egypt’s Financial Regulatory Authority (FRA) has issued a statement categorically denying reports that it ordered the closure or operational suspension of branches operated by non-banking financial institutions, most of them fintech firms.
    Analysis & Opinions

    Why Africa’s Current Capital Concentration at the Top Isn’t a Temporary Lag

    Fewer than one in twenty newly formed African-focused funds can write a cheque above $10m. The continent's largest deals in the first half of 2026 were financed by debt and by global capital with no African mandate at all.

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    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.
    Partner Content

    1M Users in 8 Years, 9M in 6: The Smartphone Pivot Driving M-KOPA’s Hypergrowth

    The group now signs up about 10,000 new customers daily.

    Latest articles

    Updates

    Branch Closure Rumours Put Egypt’s Non-Bank Finance Regulation Under the Spotlight

    Egypt’s Financial Regulatory Authority (FRA) has issued a statement categorically denying reports that it ordered the closure or operational suspension of branches operated by non-banking financial institutions, most of them fintech firms.
    Analysis & Opinions

    Why Africa’s Current Capital Concentration at the Top Isn’t a Temporary Lag

    Fewer than one in twenty newly formed African-focused funds can write a cheque above $10m. The continent's largest deals in the first half of 2026 were financed by debt and by global capital with no African mandate at all.
    Updates

    Egypt’s BNPL Leader ValU Pivots to Payments as Central Bank Tightens Credit Vise

    As the Central Bank of Egypt raises risk weights and tightens bank funding rules, the country’s largest listed consumer lender is looking to fee-based revenue to protect its growth.
    Updates

    Tokyo State Lenders Back Peach Cars in $3.7M Debt Facility for East Africa Expansion

    Tokyo-based Cordia Directions secures ¥600mn in loans from government-affiliated lenders to expand its Kenyan used-car platform.

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