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    SOUTHERN AFRICA

    Alleged Involvement in Scam: Banxso Draws Regulatory Scrutiny in South Africa

    Cape Town-based online trading platform Banxso finds itself under the regulatory microscope following allegations...

    South Africa’s Spatialedge Secures $3.1M Investment to Accelerate Retail Technology Innovation

    Spatialedge, an AI-driven software company based in Stellenbosch, South Africa, has recently secured R60...

    Transaction Capital Steers South Africa’s WeBuyCars to Landmark IPO Three Years After

    In a significant milestone for the Johannesburg Stock Exchange (JSE), WeBuyCars, the used-car business...

    Launch Africa Ventures Invests in Zambian Construction-Tech Startup Bosso Africa

    In a strategic move aimed at addressing Africa’s burgeoning housing deficit and revolutionizing the...
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    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.

    First Cheque Out: Small Foundation Backs Kenyan VC FrontEnd to Ease First-Time Manager Woes

    While seasoned VCs continue to invest, aspiring first-time managers are navigating a steep and unforgiving terrain.

    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.

    Egypt’s State-Backed Incubator ITIDA More Than Doubles Seed Funding in Latest Cohort

    Eight startups have joined the latest one-year incubation cycle, developing solutions across healthtech, logistics, education, and e-commerce.

    Latest articles

    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.

    First Cheque Out: Small Foundation Backs Kenyan VC FrontEnd to Ease First-Time Manager Woes

    While seasoned VCs continue to invest, aspiring first-time managers are navigating a steep and unforgiving terrain.

    Tingo’s Nigerian Auditor Hit with $200K Fine and US Ban for ‘Aiding Fraud’

    According to a final judgment entered in a New York federal court on August 11, 2025, Oyebola and his firm played a crucial role in deceiving investors.

    Street Wallet Secures $350k to Connect South Africa’s Informal Traders to the Digital Economy

    Britto was previously the CFO at the UK startup Syft, where he played a key role in its £78m sale to the job site Indeed in 2019.