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    Ecosystem News

    IFC Invests $10.5 Million in 4DX Ventures Fund to Boost African Tech Startups

    The International Finance Corporation (IFC) has announced a significant investment of $10.5 million in...

    BasiGo Secures $3 Million Funding from CFAO Group to Expand Green Transport in Africa

    BasiGo, the pioneering electric bus company operating in Kenya and Rwanda, has reached a...

    Egypt-based EdTech Sprints.ai Raises $3 Million to Bridge Tech Talent Gap

    Egypt-based educational technology startup Sprints AI has secured a $3 million bridge round of...

    HAVAÍC Leads $632K Round in South Africa’s Right Now Response

    Cape Town-based venture capital firm HAVAÍC has spearheaded a R12 million (approximately $632,768) follow-on...
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    Egyptian Unicorn MNT-Halan Closes $82M Debt Haul as Loan Book Nears $1B

    Fintech group captures nearly a quarter of Egypt's micro-lending market and expands retail credit footprint as EGP 4bn securitisation program supports growth.

    Fresh Off Its Jordan Launch, Cairo’s Valu Lands $18M in Latest Securitisation Deal

    The transaction marks the fourth tranche executed under the company’s ongoing EGP 10 billion [$190 million] eighth securitisation framework.

    Is Talent Export the New Impact Thesis? Daniel Yu’s $100M Fund Makes Its First Bet

    Move signals fund's focus on labour migration as a pathway out of poverty.

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.

    Latest articles

    Egyptian Unicorn MNT-Halan Closes $82M Debt Haul as Loan Book Nears $1B

    Fintech group captures nearly a quarter of Egypt's micro-lending market and expands retail credit footprint as EGP 4bn securitisation program supports growth.

    Fresh Off Its Jordan Launch, Cairo’s Valu Lands $18M in Latest Securitisation Deal

    The transaction marks the fourth tranche executed under the company’s ongoing EGP 10 billion [$190 million] eighth securitisation framework.

    Fintech Unicorn Wave Caves to Regulators as BCEAO Holds Firm on West Africa’s Payment Deadline

    The $1.7bn mobile money operator joined the PI-SPI system on deadline day alongside 175 institutions—ending closed-loop dominance across the $267bn WAEMU market.

    African Fintech’s Debt Shift Comes With a Catch

    Headline totals hit $1.9bn, but a surge in collateralised debt and shrinking medians reveal a market concentrating around asset-heavy giants.