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    Egypt’s SWVL Turns to Fintech to Revive Its Struggling Fortunes

    The recent green light from Egypt’s Financial Regulatory Authority (FRA) for a raft of new fintech licenses hints at the favorable regulatory environment in SWVL’s home market.

    Sequoia-Backed Telda Expands Market Reach with Brokerage Acquisition After Regulatory Nod

    By 2023, Telda reported 1.5 million app downloads, 500,000 active users, and processed transactions worth $300 million.

    Inside Averroès Africa: Paris’s Strategic Play in the Continent’s Venture Capital Scene

    The Averroès Fund of Funds operates as an intermediary, strategically investing in various African-based funds rather than directly into individual companies.

    Bokra Gains Regulatory Nod in Egypt a Year After $4.6m Pre-seed Funding 

    Egyptian fintech startup Bokra has secured a crucial operating licence from the country’s Financial...
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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 week.

    The Rumors of MTN MoMo Cross-Border Transactions: Fact, Fiction, and the Future of African Fintech

    If MTN MoMo were granted a license to facilitate direct transfers between Ghana and Nigeria, it could reduce reliance on traditional remittance networks.

    Inside Averroès Africa: Paris’s Strategic Play in the Continent’s Venture Capital Scene

    The Averroès Fund of Funds operates as an intermediary, strategically investing in various African-based funds rather than directly into individual companies.

    Bokra Gains Regulatory Nod in Egypt a Year After $4.6m Pre-seed Funding 

    Egyptian fintech startup Bokra has secured a crucial operating licence from the country’s Financial Regulatory Authority (FRA), marking a significant step for the Sharia-compliant investment platform. The approval comes roughly a year after the company raised $4.6m in a pre-seed funding round, indicating rapid...

    Latest articles

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this week.

    The Rumors of MTN MoMo Cross-Border Transactions: Fact, Fiction, and the Future of African Fintech

    If MTN MoMo were granted a license to facilitate direct transfers between Ghana and Nigeria, it could reduce reliance on traditional remittance networks.

    From Ride Wars to Investment Wars: Global Ride-Hailing Giants’ New African Strategy — ‘It’s About Diversifying’

    The fight for the African commuter is no longer solely about offering the cheapest or fastest ride.

    Ethiopia — First: New Licensing Wave Put Local Firms at the Forefront of Market Reforms

    A Dubai-based firm and several Ethiopian companies position for market dominance as the finance and logistics sectors open to foreign competition.