More
    HomeUpdates

    Updates

    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).
    spot_img

    Keep exploring

    Satellites, Biotech, and HR: Stocks & Strauss Locks in $24m to Take Campus Tech Global

    Its mandate is to back start-ups and spin-outs built around technologies, patents and talent emerging from South African tertiary institutions and their alumni networks.

    Beyond the Remittance Hype: The 3 Business Models Winning VC Cash in Africa’s Stablecoin Boom

    A wave of offshore venture and private credit capital is flooding into African stablecoins—but a close look at recent deals reveals a split market.

    Proparco Anchors Rare Moroccan LP Position in EmTech’s New $60M Early-Stage Fund

    The fund plans to invest in around 20 startups, writing cheques of between $500,000 and $3m in pre-Series A and Series A rounds.

    Latest articles

    Satellites, Biotech, and HR: Stocks & Strauss Locks in $24m to Take Campus Tech Global

    Its mandate is to back start-ups and spin-outs built around technologies, patents and talent emerging from South African tertiary institutions and their alumni networks.

    Beyond the Remittance Hype: The 3 Business Models Winning VC Cash in Africa’s Stablecoin Boom

    A wave of offshore venture and private credit capital is flooding into African stablecoins—but a close look at recent deals reveals a split market.

    Free Licences, Open Batteries and a 6-Month Time Bomb — Rwanda Plays Chicken With EV Founders

    Kigali's ambitious regulation offers zero-cost market entry but demands near-perfect operational performance - and a promise to tear down proprietary battery walls.

    No Bank Account Needed: Inside Budge AI’s Plan to Fix Personal Finance in Markets Open Banking Left Behind

    As open banking APIs remain patchy across much of Africa, two software engineers are betting that the key to mass-market expense tracking is already buzzing in users' pockets.