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    WESTERN AFRICA

    Nigeria Freezes Over $37 Million in Cryptocurrency Linked to Protest Organizers

    While the EFCC did not disclose the identities of the wallet owners in its application, insiders have indicated that the wallets are connected to individuals involved in organizing the ongoing protests against the Nigerian government.
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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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    ‘Paper Valuations Don’t Return Capital’: Grindstone Launches $31m Exit-Focused Fund

    It will invest from Seed through Series A and retain capacity to provide follow-on funding to its strongest-performing companies.
    Updates

    Egyptian Fintech Unicorn MNT-Halan Files for Cairo Stock Market Listing

    The non‑banking financial services sector has seen increasing backing from regulatory bodies as part of efforts to accelerate digital inclusion.

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    Industry

    Four Startups, One Lead Investor: Inside Atlantica’s African AI Infrastructure Thesis

    A Lagos-based venture firm has backed four AI-native infrastructure start-ups in 18 months.
    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.

    Latest articles

    Updates

    ‘Paper Valuations Don’t Return Capital’: Grindstone Launches $31m Exit-Focused Fund

    It will invest from Seed through Series A and retain capacity to provide follow-on funding to its strongest-performing companies.
    Updates

    Egyptian Fintech Unicorn MNT-Halan Files for Cairo Stock Market Listing

    The non‑banking financial services sector has seen increasing backing from regulatory bodies as part of efforts to accelerate digital inclusion.
    Updates

    The Three Pressure Points That Can Weaken an Entire Franchise Network

    Larry Hodes, CEO of Grow Franchising & FASA Board Member, writes from Johannesburg, South Africa
    Updates

    Egypt’s Fintechs’ Next Growth Market

    Cairo's payments and lending groups seem to be converging on a single strategy.

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