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    Ecosystem News

    Diaspora Dollars: US Passes 5% Tax Bill on Remittances — African Fintechs in the Crosshairs

    For every $100 sent, the new legislation would withhold $5 in federal tax — on top of transaction fees already charged by fintechs and banks.
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    Ecosystem News

    EGX Clears Egyptian BNPL Giant Valu for Stock Market Listing Amid $27M Fundraise

    The shares will be listed under the ticker symbol "VALU.CA" in the Non-Banking Financial Services sector, effective May 22, 2025.
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    Ecosystem News

    With 5 Unicorns, Lagos Overtakes Istanbul and Mumbai in Global Tech Growth Index

    Lagos' tech ecosystem is now valued at $15.3 billion, with unicorn production growing 3x since 2019.
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    Ecosystem News

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

    But will it be enough to reverse the exodus?
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    Edtech Platform Abwaab Acquires Egypt’s Eduact in Bid to Consolidate Fragmented Market

    The Jordan-based group is expanding its footprint in the Arab world's most populous education market
    Updates

    What a LinkedIn Account Is Worth to South African Founders

    South Africa’s venture capital market is small, but its founders have found an unlikely way to get in front of investors.

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    Industry

    ANKA Splits B2B and Consumer Arms as New Owner Attempts Post-Insolvency Comeback

    Global Shop Group restores the Afrikrea consumer brand as it navigates parent company liquidation, founder exits, and a 537,000-user data leak.
    Industry

    Swvl Lands Sawiris Family Backing in $13M Push for U.S. Expansion

    Cairo-born mobility group secures $13m from Sawiris family vehicle as it tries to convert a fragile turnaround into American growth.

    Latest articles

    Updates

    Edtech Platform Abwaab Acquires Egypt’s Eduact in Bid to Consolidate Fragmented Market

    The Jordan-based group is expanding its footprint in the Arab world's most populous education market
    Updates

    What a LinkedIn Account Is Worth to South African Founders

    South Africa’s venture capital market is small, but its founders have found an unlikely way to get in front of investors.
    Ecosystem News

    IFC Eyes $4m Check in West Africa’s Gigmile as Asset-Financing Fintech Scales

    The proposed injection would form part of the company’s Series A round.
    Analysis & Opinions

    The East Is Settling Into African Tech, Quietly

    A Toyota-backed fund, an Abu Dhabi sovereign investor and a Hong Kong merchant bank sat at the centre of August's largest African-linked funding round. None of them was there by accident.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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