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    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.

    Egypt’s Fawry Takes Controlling Stakes in Three Tech Firms to Compete with Rivals

    “These investments solidify Fawry’s position as a comprehensive provider of digital business solutions."

    Instabug Founder Steps Down as CEO, Two Years After $46m Funding Round

    Instabug, the Egyptian-founded mobile app observability platform, has announced a change in leadership as co-founder Omar Gabr steps down from his role as Chief Executive Officer after 13 years.

    MTN’s Billion-Dollar Fintech Arm Onboards UAE’s Network International as Payment Processor

    Last year, Network International became Airtel Africa's payment processor, demonstrating the company’s capability to serve multiple major players within the competitive African mobile money market.
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    Nearly 80% of African Startup Funding in May Was Debt

    A month without a single equity round above $10m also raises questions.

    The Elite Funnel: Why African Tech’s New Financing Mix Signals a Hollowing of the Core

    Priced equity rounds from US and Gulf venture capital have all but vanished.

    From Profitability to $10M ARR: How Prembly Cracked Africa’s Identity Infrastructure

    "We’re processing around seven million unique verifications per month, up from 4.7 million."

    Latest articles

    Nearly 80% of African Startup Funding in May Was Debt

    A month without a single equity round above $10m also raises questions.

    The Elite Funnel: Why African Tech’s New Financing Mix Signals a Hollowing of the Core

    Priced equity rounds from US and Gulf venture capital have all but vanished.

    NALA Secures up to $50M Credit Facility From MUFG-Backed Liquidity to Pre-Fund Stablecoin Payment Corridors

    "At some point our business was more than doubling every other quarter, we grew faster than we could handle pre-funding for single-direction payments and everything broke."

    South African Fintech Flagship Yoco Buys Restaurant Software Platform Dyner.ai

    The South African payments group is bolting on an AI-native operating system for restaurants, while a new European CEO prepares to take the helm.