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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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    Satellites, Biotech, and HR: Stocks & Strauss Locks in $24m to Take Campus Tech Global

    Its mandate is to back start-ups and spin-outs built around technologies, patents and talent emerging from South African tertiary institutions and their alumni networks.

    Beyond the Remittance Hype: The 3 Business Models Winning VC Cash in Africa’s Stablecoin Boom

    A wave of offshore venture and private credit capital is flooding into African stablecoins—but a close look at recent deals reveals a split market.

    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

    Satellites, Biotech, and HR: Stocks & Strauss Locks in $24m to Take Campus Tech Global

    Its mandate is to back start-ups and spin-outs built around technologies, patents and talent emerging from South African tertiary institutions and their alumni networks.

    Beyond the Remittance Hype: The 3 Business Models Winning VC Cash in Africa’s Stablecoin Boom

    A wave of offshore venture and private credit capital is flooding into African stablecoins—but a close look at recent deals reveals a split market.

    Free Licences, Open Batteries and a 6-Month Time Bomb — Rwanda Plays Chicken With EV Founders

    Kigali's ambitious regulation offers zero-cost market entry but demands near-perfect operational performance - and a promise to tear down proprietary battery walls.

    No Bank Account Needed: Inside Budge AI’s Plan to Fix Personal Finance in Markets Open Banking Left Behind

    As open banking APIs remain patchy across much of Africa, two software engineers are betting that the key to mass-market expense tracking is already buzzing in users' pockets.