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    After MoneyFellows, ElGameya Joins Egypt’s Digital ROSCA Funding Rush

    The back-to-back funding rounds signal rising investor interest in Egypt’s fintech sector, particularly in startups digitising traditional financial practices.

    From Elmenus to Sylndr: Ex-Foodtech Exec Raises Fresh $25.7M to Overhaul Egypt’s Used Car Market

    The company aims to formalize Egypt’s highly fragmented used car market — estimated at $10 billion — by introducing standardized pricing, digital financing, and secure ownership transfers.

    From Mail to Money: Nigeria’s Postal Service Takes on Remittance Startups

    “Sending money from Cameroon to Nigeria is harder than sending money from the U.S. to Nigeria.”

    Prosus Backs Egypt’s Thndr in $15.7M Round to Boost Retail Investing

    The company recorded impressive growth in 2024, adding over 1 million users who placed more than 15 million investment orders worth approximately EGP 170bn ($3.4bn).
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    Debt Structures Drive $185m Rebound in African Tech Funding in March

    Capital raised in April recovers from March slump but remains 30 per cent below 2025 levels as founders turn to alternative financing.

    The Quiet Extinction of the African Seed Round: Ten Hard Truths From April’s Funding Data

    If you are a first-time founder with a prototype and a pitch deck, you are competing for a sliver of a sliver.

    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

    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.

    Latest articles

    Debt Structures Drive $185m Rebound in African Tech Funding in March

    Capital raised in April recovers from March slump but remains 30 per cent below 2025 levels as founders turn to alternative financing.

    The Quiet Extinction of the African Seed Round: Ten Hard Truths From April’s Funding Data

    If you are a first-time founder with a prototype and a pitch deck, you are competing for a sliver of a sliver.

    South African Logistics Startup Shiprazor Secures $2.65m to Streamline E-Commerce Deliveries

    Founded in 2023 by CEO Sahil Affriya, Shiprazor operates as an infrastructure layer connecting online merchants with a disparate network of delivery providers.

    African Biotech Investor OneBio Secures $6m First Close in Test for Continent’s Deep Science Sector

    The fundraising effort marks a notable development in an African venture ecosystem that has historically directed the vast majority of its capital toward financial technology