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    Egypt’s Connect Money Secures $8 Million Seed Funding to Expand Embedded Finance Solutions

    Connect Money, a prominent fintech firm specializing in embedded finance services, has successfully concluded...
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    EASTERN AFRICA

    Uganda’s Ensibuuko Acquires Chomoka App Following Strategic Investment

    In a landmark move for financial inclusion in Africa, CARE, a leading humanitarian organization,...
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    Ecosystem News

    Nigerian Fintech Giant Flutterwave Downsizes Following $7.2m Alleged Security Breach

     Flutterwave, a leading African fintech startup headquartered in Lagos, Nigeria, has announced layoffs affecting...
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    WESTERN AFRICA

    Digital Ghosts: Accused Data-Selling Websites Disappear as NIMC Denies Breach in Nigeria

    Some of the websites implicated in the data breach in Nigeria became inaccessible following reports.
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    Updates

    Aries Media Ventures Launches Fund I to Back Underfunded Mediatech Startups in Sub-Saharan Africa

    Former NBCUniversal exec is ditching Hollywood to back African mediatech
    Updates

    9,228 Daily Swaps: Egyptian Billionaire-Backed Blu EV Tests the Limits of Battery-as-a-Service in MENA

    Naguib Sawiris's battery-swapping group has built the largest network of its kind in the Middle East and North Africa. Whether each cabinet earns back the batteries it cycles is a question it has not answered.

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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

    Aries Media Ventures Launches Fund I to Back Underfunded Mediatech Startups in Sub-Saharan Africa

    Former NBCUniversal exec is ditching Hollywood to back African mediatech
    Updates

    9,228 Daily Swaps: Egyptian Billionaire-Backed Blu EV Tests the Limits of Battery-as-a-Service in MENA

    Naguib Sawiris's battery-swapping group has built the largest network of its kind in the Middle East and North Africa. Whether each cabinet earns back the batteries it cycles is a question it has not answered.
    Updates

    South African IoT Scaleup Karooooo Takes on Debt to Hoard AI Memory Chips

    The central question is whether the chip stockpile proves to be prudent insurance or an expensive bet.
    Updates

    “It’s a Fad, like Crypto Coins”: Why a Developer Built a Census for Nigeria’s Chaotic Gaming Scene

    In the space of a fortnight, a handful of browser games built by Nigerian developers has generated more attention, and more argument, than the country’s game industry has seen in years. The question is whether any of it constitutes a market.

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