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    Can Swypex and Others Withstand Fawry’s Latest Onslaught? Egypt’s Fintech Scene Heats Up

    Giza-based Swypex recently raised $4 million in seed funding led by Accel. However, Fawry’s scale, resources, and latest additions to its offering further complicate matters for the two-year-old fintech.

    Thunder Code: Expensya Founders Return to Disrupt Software Testing, Two Years After $100M Exit

    Expensya, a Tunis-born, Paris-headquartered company, was acquired by Medius in 2023 for a reported sum exceeding $100 million, marking one of the largest exits for an African-founded tech company.

    Egyptian Fintech Unicorn MNT-Halan Gears Up for $500M in Credit Expansion After Key Acquisitions

    The 7-year-old fintech is also banking on an imminent commercial banking license in Egypt.

    Swvl Secures Additional $2 Million in Private Placement to Fuel US Expansion

    Under the agreed terms, investors have committed to a six-month lock-up period and restrictions on share transfers.
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    Nigerian Cleantech Rana Energy Raises $3M to Replace Diesel Generators with AI-Powered Solar

    The Lagos-based startup combines equity and debt in a pre-seed round to scale its AI-driven 'digital utility' platform across Africa.

    Meet 30 Leading Africa-focused VC Firms Led by Female Managers

    While many are emerging managers raising their first or second funds, they collectively represent a powerful shift in the ecosystem.

    AI Fintech Optasia Eyes JSE For South Africa’s Largest Tech IPO of the Year

    The listing could raise over R6bn ($350 million) and provide a critical test for Johannesburg's ailing public tech market.

    With Gov’t Backing, Japan’s Musashi Charges East Africa’s E-Moto Boom

    Musashi, a global manufacturer with 36 sites worldwide, is known for differential assemblies and transmission gears for traditional and electric vehicles.

    Latest articles

    Nigerian Cleantech Rana Energy Raises $3M to Replace Diesel Generators with AI-Powered Solar

    The Lagos-based startup combines equity and debt in a pre-seed round to scale its AI-driven 'digital utility' platform across Africa.

    Meet 30 Leading Africa-focused VC Firms Led by Female Managers

    While many are emerging managers raising their first or second funds, they collectively represent a powerful shift in the ecosystem.

    Nedbank’s Fintech Shopping Spree Continues with $7.5M Bet on Tanzania’s Kuunda

    The investment comes as Nedbank pursues a more aggressive fintech strategy.

    YC Alum Chari Raises $12M to Launch a Banking-as-a-Service Platform in Morocco

    The YC-backed startup is pursuing a dual strategy: embedding financial services for mom-and-pop shops while also offering its fintech infrastructure to other businesses.