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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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    EASTERN AFRICA

    Five Years in the Making: Ethiopia’s Startup Act Finally Becomes Law

    The Ethiopian Startup Proclamation defines a startup as a tech-based company less than three years old with annual gross revenues below 5 million birr (about $38,000 at today’s exchange rate).
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    Ecosystem News

    Karim Beshara’s A15 Delivers Rare 10x Returns, A Decade On

    From the outset, Beshara pitched A15 not just as a fund, but as an operator-led, founder-first firm, shaped by his own experience on both sides of the table.
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    Updates

    African Startup Deal Tracker — Newest Deals

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

    Senegal’s Tech Scene Rocked by Insider Fraud as Employees Siphon Millions

    According to court documents, the accused, who had been with the company since 2019, exploited a feature in the company’s proprietary software.

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    WESTERN AFRICA

    Meet the ‘Back-Office’ Engine Powering Nigeria’s Public Debt Boom for Fintech Firms

    Raising public debt isn’t a DIY project.
    Partner Content

    ADX vs Tadawul: How a Cairo Fintech Became Abu Dhabi’s Secret Weapon 

    This is a strategic play by Abu Dhabi to boost liquidity and challenge the dominance of Saudi Arabia’s exchange, the largest in the Arab world.

    Latest articles

    Updates

    African Startup Deal Tracker — Newest Deals

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

    Senegal’s Tech Scene Rocked by Insider Fraud as Employees Siphon Millions

    According to court documents, the accused, who had been with the company since 2019, exploited a feature in the company’s proprietary software.
    Policy & Regulations Forum

    Inside the Controversial Tax Tactic Terrorising Nigerian Tech

    “They have tagged you as a high net worth individual.”
    Updates

    dLocal’s African Rollercoaster: Egypt Slumps as South Africa (and Temu) Step Up

    dLocal’s African challenges are not new. In 2024, Nigeria’s revenue collapsed by over 80% after a naira devaluation, turning a once-lucrative market into a minor contributor.

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