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    Unicorn Startup Deel Completes PaySpace Integration One Year After $100M Acquisition

    The acquisition of PaySpace — which serves over 15,000 clients, including global brands like Heineken, Coca-Cola, and Puma — fits into Deel’s broader ambition to strengthen its foothold in the payroll technology space, particularly in Africa and the Middle East.

    Diversification Pays Off: Egyptian Fintech Fawry Sees Profit Surge by 124%, Driven by New Ventures

    Revenues for the year jumped 68.4% year-on-year to $108.8 million (EGP 5.5bn), but it is the surge in profitability that has truly caught the eye.

    UM6P Startup Programme Plants Flag at World’s Largest Tech Hub — ‘We’re Alternating Between STATION F and StartGate’

    Ranked among the Top 500 in the 2025 Times Higher Education World University Rankings, Morocco's UM6P has actively invested in startups through UM6P Ventures.

    One Year After Wasoko Merger, MaxAB Bets on Egypt’s Mobile Money Revolution for Profitability

    The move, unveiled this week, marks a strategic diversification for the company, initially known for its e-commerce operations serving informal retailers.
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    Major ValU Investor Sells Down Stake in First Secondary Deal Since Listing

    The sale comes as Egypt’s capital markets have shown signs of renewed activity following a period of muted equity capital markets (ECM) transactions.

    South African Fintech Adumo Investigates Alleged Source Code Leak

    The payment processor, which handles over R100bn annually and was acquired by Lesaka Technologies in 2024, has seen its internal code offered for sale on a dark web forum.

    Optasia’s Growth Is Coming From Where Few Investors Are Looking

    The Dubai-headquartered lending platform's most revealing growth story is not in Africa's largest markets.

    South Africa’s OneBio Secures Funding to Build Africa’s ‘Biotech Factory’ Amid a Deep Tech Reality Check

    The Cape Town venture studio is doubling down on its hybrid model, but a high failure rate highlights the structural hurdles of scaling science in Africa.

    Latest articles

    Major ValU Investor Sells Down Stake in First Secondary Deal Since Listing

    The sale comes as Egypt’s capital markets have shown signs of renewed activity following a period of muted equity capital markets (ECM) transactions.

    South African Fintech Adumo Investigates Alleged Source Code Leak

    The payment processor, which handles over R100bn annually and was acquired by Lesaka Technologies in 2024, has seen its internal code offered for sale on a dark web forum.

    End of the $500k Barrier for Foreign-Owned Firms: What Ghana’s New Investment Law Means for Tech Founders

    The country's first major overhaul of investment law in over a decade removes the capital entry thresholds that have quietly blocked hundreds of foreign founders from registering in Ghana.

    African Startup Deal Tracker — Newest Deals

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