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    Ecosystem News

    Kenya, South Africa, and Egypt Unaffected as Mercury Bank Reports Less Than 1% of Customers are Nigerian

    "As an immigrant from Pakistan myself, I have a lot of empathy for international founders and sincerely apologize to the founders impacted by this decision."
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    Latest Funding

    Nigeria’s Intron Health Secures $1.6M for AI-Powered African Accent Recognition

    Intron Health’s existing adoption in 30 hospitals across five markets, including Kenya and Nigeria, showcased its viability and potential impact.
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    NORTHERN AFRICA

    Egypt Pulls Back Welcome Mat for “Blank Check” Companies Amid Global SPAC Woes

    This regulatory shift comes in the wake of a global SPAC slowdown, with many SPACs facing challenges in identifying suitable acquisition targets and completing deals within the stipulated timeframe
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    Venture Capital & Funding Sources

    Norfund and Veolia to Invest Up to $50 Million in African Climate-Tech Solutions

    The platform plans to invest between €3 million and €50 million in projects ranging from low-carbon energy solutions and optimized water cycles to sustainable waste management.
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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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