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    Zambian Digital Lender eShandi Eyes African Dominance with 1M Users and New Expansion

    The company reported a revenue surge from $100,000 in 2020 to $12.2 million in 2023.

    Kenyan Agri-Fintech VunaPay Tops Latitude59 Pitch, Sets Sights on Europe

    Estonia, home to the highest concentration of unicorns per capita in Europe, continues to play a pivotal role in global tech, with companies like Bolt and Admiral Markets active in Africa.

    Ventures Platform Investor Proparco Appoints Nigerian Head to Oversee East Africa

    In 2022, the agency invested $5 million in Ventures Platform, a Nigeria-based early-stage fund.

    Moustachir Becomes Algeria’s First Startup to Go on IPO on Local Stock Exchange

    The shares will be priced at 760 Algerian dinars (DA) each, equating to approximately $5.70 per share.
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    In Memoriam: Over 40,000 Entrepreneurs Groomed —Ecoystem Builder Hack&Pitch Loses Leader

    Under her guidance, Hack&Pitch expanded to over 100 universities and institutions across Morocco’s 12 regions, inspiring talents who could rival those of Silicon Valley. Her impact transcended borders, with initiatives extending to Senegal, Mali, Burkina Faso, and Jordan.

    The Battle for Morocco’s EV Space Is On — China’s Gotion Investing Over €128 Million

    Morocco’s proximity to major European markets and its competitive cost structure make it an attractive alternative for EV companies seeking to streamline supply chains.

    Alibaba Sets Up Operations in Morocco, Enabling Local Retailers to Expand Global Reach

    The launch of localized services is expected to significantly increase this number, providing Moroccan businesses with access to the world’s largest business-to-business (B2B) marketplace, which boasts 47 million active users globally.

    The Power Players Behind Africa’s Biggest Funding Deals in 2024

    This year, African tech companies leaned heavily on these firms to secure transformative investments.

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    In Memoriam: Over 40,000 Entrepreneurs Groomed —Ecoystem Builder Hack&Pitch Loses Leader

    Under her guidance, Hack&Pitch expanded to over 100 universities and institutions across Morocco’s 12 regions, inspiring talents who could rival those of Silicon Valley. Her impact transcended borders, with initiatives extending to Senegal, Mali, Burkina Faso, and Jordan.

    The Battle for Morocco’s EV Space Is On — China’s Gotion Investing Over €128 Million

    Morocco’s proximity to major European markets and its competitive cost structure make it an attractive alternative for EV companies seeking to streamline supply chains.

    Egyptian Fintech ValU Secures $10 Million via Debt Market in Landmark Securitization Deal

    This transaction forms part of ValU’s sixth securitization program, a broader initiative amounting to EGP 16 billion ($312 million) in total issuances.

    Egypt’s SWVL Looks Beyond 2028 in the Wake of Bankruptcy Claims

    Facing allegations of insolvency, Swvl has recently taken steps to stabilize its finances.