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    Nigeria’s Ekiti State Aims to Become Africa’s Silicon Valley with $80 Million Tech Hub Investment

    The African Development Bank (BAD) has announced a groundbreaking initiative, revealing on February 22nd...

    Arnergy Secures $3 Million Funding Boost to Drive Clean Tech Expansion in Nigeria

    Arnergy, a Nigerian clean tech startup, has successfully raised $3 million in funding from...

    DisrupTech Fund Reveals $220 Million Investment Plan for Egyptian Startups

    Mohamed Okasha, chairman and co-founder of DisrupTech Fund, unveiled plans to inject $220 million...
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    Backed by $6.75m, Egypt’s Taager Picks GOAcommerce Founder to Spearhead Morocco Launch

    Taager, the Cairo-based social e-commerce platform, has named Moroccan startup founder Salma Ammor as Country Manager for its new Morocco office.

    Burned by Overexpansion, Swvl’s Next Phase is Still Expansion — But a Different One

    After a brutal reset, the Egyptian mobility startup is cautiously rebuilding with a focus on profitability.

    MTN’s Fintech Spinoff Could Be the Biggest Shake-Up in African Finance Yet

    With millions of users, billions in transactions, and deepening investor interest, MTN’s fintech arm is no longer a sideshow.

    10,000 Interns and Counting: The Massive Tech Skills Offensive Led by Egypt’s ITIDA

    The payoff is starting to show. In the fiscal year 2022–2023, Egypt’s IT-enabled services sector grew by 54.2%, reaching $3.7 billion in exports.

    Latest articles

    Backed by $6.75m, Egypt’s Taager Picks GOAcommerce Founder to Spearhead Morocco Launch

    Taager, the Cairo-based social e-commerce platform, has named Moroccan startup founder Salma Ammor as Country Manager for its new Morocco office.

    Burned by Overexpansion, Swvl’s Next Phase is Still Expansion — But a Different One

    After a brutal reset, the Egyptian mobility startup is cautiously rebuilding with a focus on profitability.

    IFC Puts $120m Into Zafiri, a Clean Energy Fund Aiming to Reach 30m Africans

    Zafiri will serve as a blended finance vehicle — meaning it uses a mix of concessional (low-cost) and commercial capital — to help de-risk investments in companies delivering DRE solutions.

    African Startup Deal Tracker — Newest Deals

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