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    WESTERN AFRICA

    Massive Data Fraud Scheme Exposes KYC Vulnerabilities in Nigerian Fintech

    "Information available revealed that the actors are up to 12,000 all over the country seeking account donors."
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    Ecosystem News

    From Poor Pay to Truncated Maps: Glovo’s Moroccan Headaches Mount as Regulator Slams Fine

    Protesters allege that the Glovo app recently displayed a map of Morocco without its southern regions.
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    Ecosystem News

    Flend Raises $3m in Seed Round to Scale Digital SME Finance Across Egypt

    The Cairo-based fintech startup plans to embed lending into Egypt's real economy through a fully regulated, tech-first platform.
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    Ecosystem News

    Breadfast’s Investor Sees Nearly 2x Return as Valuation Climbs Toward $400M

    Egypt's top grocery startup stands out in African portfolio marked by stagnation and write-downs.
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    GrowthLabs Acquires Startup Gate to Unify MENA’s Fragmented Tech Ecosystem

    With the integration underway, GrowthLabs is stepping on the gas for geographic and product expansion.
    Ecosystem News

    AFC Injects $100M into African VC Funds to Bridge the Local Capital Gap

    Despite African startups raising $3.8bn in 2025, the vast majority of that venture funding flowed from international sources.

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    The Hidden Machinery Behind Egypt’s Quiet Adtech Exit Boom

    Global buyers are snapping up Cairo-based marketing startups, capitalising on years of rigorous local consolidation.
    Partner Content

    78% Below Cost: The Unforgiving Math Behind Digital Health Startup Vezeeta’s Pivot to Bricks and Mortar

    The deal is the most tangible sign yet that Egypt’s best known digital health platform is pivoting towards a hybrid model at a time when the purely online playbook is struggling

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    Updates

    GrowthLabs Acquires Startup Gate to Unify MENA’s Fragmented Tech Ecosystem

    With the integration underway, GrowthLabs is stepping on the gas for geographic and product expansion.
    Ecosystem News

    AFC Injects $100M into African VC Funds to Bridge the Local Capital Gap

    Despite African startups raising $3.8bn in 2025, the vast majority of that venture funding flowed from international sources.
    Updates

    London’s Lightrock Closes $500M Fund to Back Energy Access Firms Across Africa and Asia

    The fund targets a critical bottleneck in emerging market climate tech: the lack of growth-stage capital for established operators.
    Partner Content

    Fintech Unicorn dLocal Bets on the Middle East as Africa’s Turbulence Refuses to Settle

    This reversal of fortune is stark.

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