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Egypt Integrates Apple Pay and Card Encoding for a Digital Payment Revolution

Estimates suggest that the value of POS transactions will surge to approximately EGP 640 billion by the end of 2024, reflecting a 280% increase from 2021’s EGP 169 billion.

December 12, 2024

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Fresh Unicorn MNT-Halan Taps UAE Expat Workers in $2.7B Monthly Market Opportunity

MNT-Halan’s entry into the UAE comes on the heels of a $157.5 million funding round in July, led by a $40 million investment from the International Finance Corporation (IFC).

December 11, 2024

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Leading Fintech Fawry Eyes ‘Lucrative’ Saudi Market in Expansion Drive Focused on Egypt’s Diaspora

Back home, Fawry is navigating regulatory pathways to expand its service offerings.

December 9, 2024

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The Battle Begins: Jumia Publishes Rare Black Friday Gains as China’s Temu Threatens Key Nigerian Market

Despite recent gains from Black Friday events, Jumia faces mounting external pressures, particularly from Temu’s arrival in key Nigerian market.

December 6, 2024

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Sixty60: The $1.7M Seed Investment That Built a $1B Delivery Empire for Shoprite

This milestone is not just a story of a legacy retailer adapting to the digital age; it’s a case study in strategic partnership.

October 16, 2025

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Africa’s Tech Leaders Shift Focus From Hype to the ‘Mechanics of Scale’

At a major tech summit in Lagos, the conversation has moved on from fundraising announcements...

October 16, 2025

Pezesha Founder Joins Africa’s New Wave of Founder-Investors

The dual role reflects an emerging pattern in African venture capital, where founders leverage operational expertise whilst pursuing investment opportunities.

October 10, 2025

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