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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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    Egypt’s Banque Misr Invests $114 Million in Newly Licensed Digital Bank OneBank

    The Central Bank of Egypt granted initial approval for OneBank in May, marking the completion of the first phase of the rigorous licensing process, which includes three stages.

    Octoco Group Acquires Polymorph, Expanding Tech Footprint in South Africa

    With this acquisition, Polymorph Systems joins Octoco Consulting as a sister company within the Octoco Group, both headquartered in Techno Park, Stellenbosch.

    Egypt’s EXITS MENA Expands to Saudi Arabia, Eyes $1.07B Fund

    EXITS MENA, a leading fintech advisory and arrangement firm for startups and SMEs in the Middle East and North Africa (MENA) region, is expanding its operations to Saudi Arabia. The company has partnered with prominent Saudi investors, including Ammar Ahmed Shata, founder of Ghutra...

    Meet the 10 African Cleantech Startups Selected for the Blue Wave and Regen Wave Initiatives

    Ten innovative African startups are making waves in the clean technology sector, having been selected for the prestigious Blue Wave and Regen Wave initiatives. The initiatives, spearheaded by BFA Global, FSD Africa, and the International Union for Conservation of Nature (IUCN), aim to accelerate...

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    Egypt’s Banque Misr Invests $114 Million in Newly Licensed Digital Bank OneBank

    The Central Bank of Egypt granted initial approval for OneBank in May, marking the completion of the first phase of the rigorous licensing process, which includes three stages.

    Octoco Group Acquires Polymorph, Expanding Tech Footprint in South Africa

    With this acquisition, Polymorph Systems joins Octoco Consulting as a sister company within the Octoco Group, both headquartered in Techno Park, Stellenbosch.

    Prembly and Peleza Merge to Form Pan-African Identity Management Powerhouse

    Kenyan identity management startup, Peleza, and US-backed digital security platform, Prembly, have announced a...

    GO LIVE FUND Secures $4.8 Million Backing from ANAVA, Targets Tunisian ‘Pain Killer’ Startups

    The GO LIVE FUND, an €8 million ($8.6M) fund with a first closing at €6 million ($6.6M), aims to support 36 B2B startups in their initial development phase.