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Tax Breaks and Fast Tracks: Egypt Lures Fleeing Startups to Free Zones

But will it be enough to reverse the exodus?

May 20, 2025

Ecosystem News

Egypt’s First SPAC Merger Sealed with $23M Acquisition of Fintech Startup Qardy

In August 2024, Qardy closed a seven-figure pre-seed funding round backed by investors including White Field Ventures, Vastly Valuable Ventures, and a number of angel backers.

May 19, 2025

Ecosystem News

Egypt’s Si-Ware, Africa’s Prolific Patent Filer, Sells Flagship Product to Swiss Lab Giant

The company has raised $19 million since inception, supplemented by $20 million from contract chip design — a necessity in a region where deep-tech funding is scarce.

May 16, 2025

Ecosystem News

How a Nigerian Edtech Exposed a Major National Exam Glitch — and Saved Thousands of Students from Mass Failure

Over the past week, a bootstrapped Nigerian edtech company saved the country's education sector from widespread chaos.

May 15, 2025

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Cape Town’s Havaíc Hits $30m Milestone for Third Fund as Institutional Interest Hardens

The latest capital injection comes from E Squared Investments

February 16, 2026

Updates

DPI Targets $1bn for Fourth Africa Fund as Proparco Chips in $42m

Rather than spreading bets thin, the fund plans to build a concentrated portfolio of roughly one dozen companies across North and Sub-Saharan Africa.

February 16, 2026

Riding Morocco’s Fintech Wave, AfricInvest Moves to Acquire Vantage Payment Systems

A new heavy hitter is entering the Moroccan fintech landscape, in what feels like the next chapter after local fintech Cash Plus went on a highly successful IPO last year.

February 11, 2026

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