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    SOUTHERN AFRICA

    South Africa’s Paymenow Secures $22.4M to Expand Earned Wage Access Across Africa

    With this deal, a wave of South African banks continue their backing for African fintech firms.

    Lesaka Snaps Up Michael Jordaan’s Bank Zero for $61.4M to Take On TymeBank

    The purchase of Bank Zero is the latest move in Lesaka’s aggressive expansion.

    Can EVs Survive Blackouts? South Africa’s State Bank Puts $5.6M Behind One Startup’s Answer

    “This show of faith by the DBSA is not just financial — it is symbolic.”

    South African Fintech Startup Stitch Raises $55M in New Funding Round

    The funding follows Stitch’s recent expansion efforts, including the acquisition of payment provider Exipay earlier this year.
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    Kenya’s Burn Secures $5M from African Development Bank to Scale Electric Cooking Across East and Southern Africa

    AfDB backs carbon-financed clean cooking initiative targeting low-income households in Kenya, Uganda and Zambia.

    One Firm Pulled in $6M in a Year from Fractional Real Estate — Is This Egypt’s Next Fintech Frontier?

    Welcome to the next frontier of real estate investing in Egypt: fractional ownership.

    With New Egypt Fintech License in Hand, MaxAB-Wasoko Charts Deeper Fintech-Led Future

    The Egyptian startup's Central Bank approval marks a deeper pivot toward fintech as the MaxAB-Wasoko group recalibrates across African markets.

    Fee Wars Begin in Cameroon as Unicorn Disruptor Wave Enters and Telcos Fight to Hold Ground

    Cameroon now accounts for over 70% of mobile money transactions in Central Africa. According to BEAC, it processed more than €90bn in mobile money transactions in 2022 alone.

    Latest articles

    Kenya’s Burn Secures $5M from African Development Bank to Scale Electric Cooking Across East and Southern Africa

    AfDB backs carbon-financed clean cooking initiative targeting low-income households in Kenya, Uganda and Zambia.

    One Firm Pulled in $6M in a Year from Fractional Real Estate — Is This Egypt’s Next Fintech Frontier?

    Welcome to the next frontier of real estate investing in Egypt: fractional ownership.

    FAB-Backed Lime Launches in Egypt with $9.4M to Disrupt School Financing

    Lime Consumer Finance, a newly launched fintech platform focused on education financing, has secured a substantial $9.4 million in initial funding.

    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.