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    Swvl Shifts Headquarters to Riyadh as Part of Saudi Arabia’s RHQ Program

    Swvl, known for its technology-driven transportation services, has been operational in Saudi Arabia for four years.

    Local Card Giant Verve Reaches 70 Million Issuances in Nigeria

    Verve’s cards can be used across various channels, including point-of-sale (POS) terminals, automated teller machines (ATMs), web and e-commerce platforms, agency banking networks, and mobile apps.

    Mobility Fintech Moove Enters Mexico City as Part of Latin America Expansion

    Moove, founded in 2020 by Ladi Delano and Jide Odunsi, initially focused on addressing the challenges of vehicle financing in African markets.

    Moroccan Venture Capital Giant Rebrands as MNF Ventures Amidst Setbacks, Global Growth

    MNF Ventures’ flagship fund, Maroc Numeric Fund II, operates as an institutional vehicle focused on nurturing technological innovation
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    Nigeria’s Medsaf Quietly Shut Down in 2024 After Raising $2M to Digitise the Pharmaceutical Supply Chain

    Medsaf’s Delaware corporation is still undergoing formal wind-down procedures, while its Nigerian entity remains dormant.

    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 Egyptian Bond Wagon Is Rolling — and Fawry Is the Latest Fintech to Climb Aboard

    The Egyptian fintech sector is witnessing a surge in debt financing as major players turn to securitization and bond issuances to fuel growth. The latest to join the trend is Fawry, the country’s leading digital payments company, whose subsidiary Fawry for Micro, Small, and...

    Algeria’s First Startup IPO Pays Off with Dividends for Early Believers Six Months After

    For investors who took a chance on a little-known startup just two years ago, it’s also a tangible return.

    Latest articles

    Nigeria’s Medsaf Quietly Shut Down in 2024 After Raising $2M to Digitise the Pharmaceutical Supply Chain

    Medsaf’s Delaware corporation is still undergoing formal wind-down procedures, while its Nigerian entity remains dormant.

    African Startup Deal Tracker — Newest Deals

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

    West Africa’s Central Bank, BCEAO, Extends Fintech Licensing Deadline Amid Industry Pressure

    Launch Base Africa describes the development as one of the most closely followed issues on its platform in the region during the month of May.

    AfricInvest Ends Multi-Year Bet on Egyptian Fintech MDP

    The company, co-founded and led by Ahmed Nafie, offers an end-to-end digital payment infrastructure solution across Africa and the Middle East.