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    Two-Year-Old Egyptian Fintech Bokra Flips the VC Script With $3M Investment in Pharmacy Tech iSupply

    The iSupply deal follows Bokra’s recent 3 billion Egyptian pound ($58.9 million) sukuk issuance, the first of its kind for the fintech.

    Digital Africa’s Fuzé Lands in Zimbabwe in Push Beyond Francophone Africa’s Startups

    The expansion follows a record year for Digital Africa, which facilitated 29 startup deals in 2024 across 18 African countries.

    TLG Africa Scores $75m to Help African SMEs Bounce Back — with European LPs on Board

    The fund is targeting a total raise of $200 million and is designed to address a critical financing gap faced by African SMEs, particularly those navigating challenging macroeconomic conditions.

    Egypt’s MNT-Halan Raises $50M in Record Bond Issuance as Fintechs Eye Debt Over Equity

    African credit-focused fintechs, whose business models require substantial capital for their lending portfolios, are finding public debt markets increasingly attractive.
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    Middle East Conflict Forces Egypt’s Financial Sector into Remote Work as Petroleum Bill Hits $2.5bn

    Here is a breakdown of the policy, the economic conditions driving it, and how it will affect businesses on the ground.

    Egypt Salvages Startup Accelerator After USAID Collapse

    ITIDA stepped in to fund a programme that lost its US development finance backing, as 61 startups from Upper Egypt collectively attracted EGP 200 million in investment

    Egypt’s Telda Abandons the Unbanked to Chase Egypt’s Consumer Credit Boom

    Startup backed by Sequoia Capital abandons original focus on the unbanked to build a vertically integrated financial group.

    Moniepoint Rides Wave of Nigerian Fintech Consolidation as Venture Funding Retreats

    While Orda currently operates in Nigeria and Kenya, this acquisition only covers its Nigerian operations, leaving the future of its Kenyan arm undecided.

    Latest articles

    Middle East Conflict Forces Egypt’s Financial Sector into Remote Work as Petroleum Bill Hits $2.5bn

    Here is a breakdown of the policy, the economic conditions driving it, and how it will affect businesses on the ground.

    Egypt Salvages Startup Accelerator After USAID Collapse

    ITIDA stepped in to fund a programme that lost its US development finance backing, as 61 startups from Upper Egypt collectively attracted EGP 200 million in investment

    Breega Nets $8.5m From AfDB as Development Bank Ramps Up VC Appetite

    Both recent AfDB commitments were structured as first-loss tranches via the European Commission’s Boost Africa programme—a blended finance move designed to shield private capital from initial losses.

    African Startup Deal Tracker — Newest Deals

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