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    Ecosystem News

    Ecosystem News

    Silent Exit: Egyptian Fintech Cassbana Shuttered Operations After Losing $2M Funding

    Co-founders Mohamed Tarek and Mostafa Barakat have since left the company to pursue other endeavors, and Cassbana’s website is no longer active.
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    Ecosystem News

    Egypt’s Banque Misr Invests $114 Million in Newly Licensed Digital Bank OneBank

    The Central Bank of Egypt granted initial approval for OneBank in May, marking the completion of the first phase of the rigorous licensing process, which includes three stages.
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    Venture Capital & Funding Sources

    GO LIVE FUND Secures $4.8 Million Backing from ANAVA, Targets Tunisian ‘Pain Killer’ Startups

    The GO LIVE FUND, an €8 million ($8.6M) fund with a first closing at €6 million ($6.6M), aims to support 36 B2B startups in their initial development phase.
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    NORTHERN AFRICA

    Fuzé Investment Series: Tunisian Precision Farming Startup Seabex Joins the List

    “We are very proud to have Digital Africa by our side as we embark on our expansion plans in Africa,” said Amira Cheniour, Co-Founder and General Manager of Seabex.
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    The Ghostwriters of Africa’s Tech Boom

    Yet beneath the noise of global audience metrics, a quieter, more revealing dataset is accumulating.
    Updates

    An 85% Chance of a $3.1bn IPO Within Two Years: Inside Opera’s High‑Stakes OPay Bet

    OPay began life inside Opera in 2018, initially as a mobile wallet and ride-hailing service before quickly pivoting to payments.

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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

    The Ghostwriters of Africa’s Tech Boom

    Yet beneath the noise of global audience metrics, a quieter, more revealing dataset is accumulating.
    Updates

    An 85% Chance of a $3.1bn IPO Within Two Years: Inside Opera’s High‑Stakes OPay Bet

    OPay began life inside Opera in 2018, initially as a mobile wallet and ride-hailing service before quickly pivoting to payments.
    Updates

    From M-Pesa to Flutterwave: Why Africa Built the Systems the World Now Needs

    "You cannot wait for perfect conditions because perfect conditions are never coming." - Ray Langa, Group CEO of Leagas Delaney South Africa, writes from Johannesburg
    Policy & Regulations Forum

    Why Several African Fintechs Just Quietly Registered in Canada

    The current wave of registrations spans a range of business models.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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