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    NORTHERN AFRICA

    Egypt’s Paymob Raises $72M in Series B to Further Diversify Products and Expand Across MENA

    Paymob’s growth trajectory has been impressive, with the company now supporting over 350,000 merchants, a dramatic increase from just over 100,000 in 2022.
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    Venture Capital & Funding Sources

    Launch Africa Unveils Hybrid Debt-Equity Fund to Close Africa’s $400bn Growth Capital Gap

    Over the past three years, Launch Africa Ventures has emerged as a dominant player in Africa’s venture capital ecosystem, investing in more than 150 technology companies across 23 African countries.
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    Venture Capital & Funding Sources

    First Circle Africa Fund I Lands New Investor, Targets Fintech Startups

    First Circle Capital’s investment strategy is designed to go beyond payments, an area that has historically dominated fintech funding in Africa.
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    Ecosystem News

    Egypt’s FlapKap Secures $34M Pre-Series A Funding to Scale SME Financing Across MENA

    FlapKap’s goal is to scale its impact across the MENA region, providing essential capital to SMEs that often face barriers in accessing traditional financing.
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    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month
    Partner Content

    Rethinking Urban Work: Why the 15-Minute City Matters

    As CEO of Workshop17, Paul Keursten has observed how the geography of work affects business performance and quality of life. Here, he shares his lessons.

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    Partner Content

    Germany’s develoPPP Ventures Steps Up Its Hunt for Africa’s Next Breakout Startups

    According to the programme, this model is designed to “effectively double the capital injection” without forcing founders to dilute their equity further.
    Partner Content

    How Fawry Outgrew Payments and Became Egypt’s Fintech Profit Machine

    These margins are exceptionally high for a fintech company, particularly in a market like Egypt.

    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 month
    Partner Content

    Rethinking Urban Work: Why the 15-Minute City Matters

    As CEO of Workshop17, Paul Keursten has observed how the geography of work affects business performance and quality of life. Here, he shares his lessons.
    Partner Content

    Cannibalise to Conquer: Why Egyptian Fintech Valu Is Killing Its Legacy Loans for a Payment Moat

    For years, Valu has been one of Egypt’s standout buy now, pay later (BNPL) players. But its latest earnings report shows something more striking.
    Ecosystem News

    South Africa’s Plentify Secures Series A to Export Energy Management Solution

    The startup, born out of South Africa's energy crisis, has raised fresh capital to take its load-shifting technology to the UK, Australia, and Brazil.

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