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    Nigerian Fintech Grey Finance Surpasses 1 Million Users, Fueled by $2 Million Seed Funding

    This impressive growth comes just seven months after reaching 500,000 users in November 2023.
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    Former Flutterwave Exec’s Startup, Sendsprint, Expands US Reach with Nobel Financial Buy

    According to the World Bank, remittances to the region surpassed $54 billion in 2023 and are expected to continue rising in the coming years.
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    Egypt’s T-Vencubator Fund Seeks Innovative Startups to Invest In

    T-Vencubator aims to invest in 5 Egyptian startups by 2025, providing them with the investment capital and practical support needed to ensure their growth and success.
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    VertoFX Processed $2.5B in Nigeria in 2023, Names First Country Manager to Lead Local Growth

    Utilizing a purpose-built tech infrastructure and payment rails, businesses can instantly send and receive money in over 170 countries and convert between 49 currencies. Today, VertoFX supports over 4,000 businesses, from startups and SMEs to large corporate companies.
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    Why Nigerian Tech Founders Are Doing M&A Differently From the Rest of Africa

    While African tech consolidates, Nigerian startups are pursuing a distinct strategy.
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    Contracts Over Crowds: Swvl’s $2.2m Kuwaiti Deal Signals New Era of Fiscal Discipline

    The move, announced today, follows a third consecutive quarter of profitability for the Dubai-headquartered firm.

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    Island Life, Electric Vibes: The 2035 Deadline Sparking an EV Hardware Scramble in Mauritius

    While Mauritius is world-renowned for its turquoise waters, its domestic energy goals are increasingly industrial.
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    AfricInvest Launches $100M Morocco Fund, Marking First Kingdom-Specific Vehicle Since 2012

    The launch marks a significant shift for the Tunis-headquartered firm.

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    Updates

    Why Nigerian Tech Founders Are Doing M&A Differently From the Rest of Africa

    While African tech consolidates, Nigerian startups are pursuing a distinct strategy.
    Partner Content

    Contracts Over Crowds: Swvl’s $2.2m Kuwaiti Deal Signals New Era of Fiscal Discipline

    The move, announced today, follows a third consecutive quarter of profitability for the Dubai-headquartered firm.
    Updates

    ‘Our Operations Remain Unaffected’: Livestock Wealth Plays Down Impact of FSCA Sanctions

    "Livestock Wealth (Pty) Ltd has been operational since 2015 without interruption."
    Partner Content

    Japanese Solar Giant WASSHA Acquires Kenyan Mobility Startup Zaribee

    Zaribee, formerly known as Unchorlight Kenya, specializes in a rent-to-own model for motorcycle taxi (boda boda) riders.

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

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