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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.
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    Partner Content

    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.
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    Partner Content

    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.
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    Partner Content

    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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    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.
    Ecosystem News

    Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround

    Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat

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    “No Shortcuts Through the Data”: How Intron is Building African Voice Infrastructure from Scratch

    "The assumption we had to kill earliest was that the technical problem was the hardest one. It is not."
    Partner Content

    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.

    Latest articles

    Updates

    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.
    Ecosystem News

    Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround

    Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat
    Partner Content

    A New Expansion Map: African Startups Redraw Routes Through Accra

    From Nigerian defence contractors to Kenyan logistics software, a new cohort of well-capitalised tech firms is bypassing traditional hubs to set up operational bases in Accra.
    Analysis & Opinions

    13 Charts From a Decade of African Exits — And the Uncomfortable Takeaway

    A review of hundreds of acquisitions and listings across Africa's startup ecosystem reveals a market bifurcating.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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