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    Algebra Ventures’ Founder Transitions to Fintech, Secures Digital Lending License for Oliv Finance Amid Regulatory Freeze

    Mokhtar, who played a key role in the establishment of Algebra Ventures, has now transitioned into the fintech sector with the goal of revolutionizing SME financing.
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    Partner Content

    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.
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    Partner Content

    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).
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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.
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    ‘It’s Not a Pipeline Problem’: Why African VCs Are Ghosting Female Founders

    “It was pretty heartbreaking to be technically competent and have a team composed of a second-time founder and still have to deal with this type of sexism.”
    Updates

    Delivery Hero and Careem Alumni Raise $2.8M to Fix North Africa’s E-Commerce Logistics Headache

    “Everything we build starts with sitting down with merchants and understanding where they are losing time, money or customers,”

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    Donor-Backed AI Health Tools Proliferate Across Africa, but Sustainability Remains Elusive

    Gates-funded report finds 20 deployed solutions delivering tangible results, yet most rely on short-term grants and lack independently verified cost savings
    Partner Content

    Rooibos Becomes South Africa’s Latest Export — to Space

    Rooibos seeds bound for the International Space Station in initiative linking space plant science with skills development.

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    Updates

    ‘It’s Not a Pipeline Problem’: Why African VCs Are Ghosting Female Founders

    “It was pretty heartbreaking to be technically competent and have a team composed of a second-time founder and still have to deal with this type of sexism.”
    Updates

    Delivery Hero and Careem Alumni Raise $2.8M to Fix North Africa’s E-Commerce Logistics Headache

    “Everything we build starts with sitting down with merchants and understanding where they are losing time, money or customers,”
    Updates

    71% of WAEMU Transaction Value Still Flows Through Cheques — Despite BCEAO’s New Instant Payment Rail

    BCEAO’s annual report reveals why getting 100m people to ditch paper is a multi-year slog.
    Updates

    African Startup Deal Tracker — Newest Deals

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

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

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