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    Ecosystem News

    Flat6Labs Launches F6 Ventures, Pivoting to Larger Investments After 14 Years

    F6 Ventures will now manage the group’s venture capital funds.
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    Ecosystem News

    Cairo’s Suplyd Raises $2M to Build an Operating System for Restaurants

    The company operates in Egypt’s Hotels, Restaurants, and Catering (HORECA) market, which is valued at an estimated $10bn.
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    Ecosystem News

    EBRD Puts $10M into Breadfast as the Egyptian Grocery Startup’s Valuation Nears $400M

    The European Bank for Reconstruction and Development (EBRD) is injecting $10 million into Breadfast.
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    NORTHERN AFRICA

    Glovo Overhauls Moroccan Operations in Settlement with Antitrust Watchdog

    The Spanish delivery giant has agreed to cap commissions, scrap exclusivity clauses, and pay a fine to end a year-long investigation into anti-competitive practices.
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    Moniepoint Posts First UK Profit as Group Recharges Drive Revenue to £18m

    The Nigerian fintech’s London subsidiary reported a £2.1m profit in 2025, but a £1.6m deferred tax credit did much of the work.
    Updates

    Swvl Posts 123% Net Dollar Retention as Enterprise Bet Pays Off

    Dubai-based mobility group reports 59% revenue growth but remains lossmaking and cash-burning, with an August fundraising set to roughly double its share count

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    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.
    Industry

    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.

    Latest articles

    Updates

    Moniepoint Posts First UK Profit as Group Recharges Drive Revenue to £18m

    The Nigerian fintech’s London subsidiary reported a £2.1m profit in 2025, but a £1.6m deferred tax credit did much of the work.
    Updates

    Swvl Posts 123% Net Dollar Retention as Enterprise Bet Pays Off

    Dubai-based mobility group reports 59% revenue growth but remains lossmaking and cash-burning, with an August fundraising set to roughly double its share count
    Updates

    London’s Lendable Picks Kenya’s Watu for First Check From $200m Climate Fund

    Watu, a Kenyan asset-financing company that provides lease-to-own motorcycles and smartphones across Africa and...
    Ecosystem News

    Uber and Jumia Alumni Close Moroccan Agritech YoLa Fresh After Failing to Secure Series A

    Less than three years after launch, Moroccan agritech standout YoLa Fresh has ceased operations after failing to secure Series A follow-on funding.

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