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    WESTERN AFRICA

    A Giant Digital Payment System is Underway in Francophone West Africa. And 90 Institutions Have Joined

    The new system, operational 24/7, allows for real-time, round-the-clock transactions of any kind, regardless of the account type.
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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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    Updates

    Madica Secures $6M from Flourish Ventures to Extend African Pre-Seed Investment Pilot

    Three-year track record drives extended investment cycle targeting 25–30 additional African startups
    Updates

    WhatsApp Brokers and 12-Month Liquidations: Meet the Startup Trying to Fix Egypt’s Small-Business Exit Crisis

    CompanyExit and AppExit launch anonymous, self-serve marketplaces for small companies and digital assets, testing whether Egypt’s long tail of business owners can be brought into a formal sales process that has so far eluded them. Egypt’s startup ecosystem has spent the past five years building...

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    Industry

    Two Exits in Six Years: Dan Kleinbaum’s GTXN Acquired by Luno

    Deal gives the crypto exchange an owned settlement layer across developed–emerging market corridors - but proposed South African rules may restrict the very activity it enables.
    Industry

    Cairo’s BPO Ecosystem Opens a New Front for Transatlantic Dealmaking

    While greenfield setups remain the main vehicle for corporate expansion in Egypt's tech export sector, cross-border M&A is emerging as an alternative for North American buyers seeking rapid scale.

    Latest articles

    Updates

    Madica Secures $6M from Flourish Ventures to Extend African Pre-Seed Investment Pilot

    Three-year track record drives extended investment cycle targeting 25–30 additional African startups
    Updates

    WhatsApp Brokers and 12-Month Liquidations: Meet the Startup Trying to Fix Egypt’s Small-Business Exit Crisis

    CompanyExit and AppExit launch anonymous, self-serve marketplaces for small companies and digital assets, testing...
    Updates

    Ghanaian Agritech Vitara Bags $2M From EU-Backed AgriFI and Acumen to Digitise Shea Supply Chain

    European Union-backed AgriFI and Acumen back Accra-based B-Corp aiming to reach one million farmers by 2030, betting that traceability can lift incomes for women producers in the north.
    Updates

    African Startup Deal Tracker — Newest Deals

    Here's a closer look at the notable under-the-radar investment activity we're tracking this month...

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