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    African Tourism Tech Firm Purple Elephant Ventures Secures Further Investment

    Established after the pandemic, PEV has already launched five companies targeting various aspects of the tourism value chain.
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    Updates

    Swedish DFI Swedfund Backs African Financial Inclusion Drive with $28.4m Investment

    Swedfund stays put in Africa.
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    Egyptian Startup Rabbit Plants Roots in Saudi Arabia, Fueled by Fresh Funding

    Over the past three and a half years, Rabbit reports having served 1.4 million customers in Egypt.
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    Are African Tech Firms Ready for Trump’s New Tariffs?

    In 2023, Morocco exported $222 million in semiconductor devices  to the US— a fraction of Taiwan’s $214 billion in integrated circuit exports or the UK’s $92 billion in financial services.
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    Kenya’s Apollo Agriculture Rides Securitisation Wave with $2.1M Local-Currency Deal

    The core infrastructure enabling the transaction was provided by Kaleidofin through its “ki” platform.
    Updates

    The Quiet Exit: Mobilemart Sells to Lesaka in $2.5m All-Cash Deal

    The Nasdaq-listed South African fintech has quietly added another small enterprise-focused company to its portfolio, paying cash for a fintech business as it continues to widen its offering for large-scale clients.

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    78% Below Cost: The Unforgiving Math Behind Digital Health Startup Vezeeta’s Pivot to Bricks and Mortar

    The deal is the most tangible sign yet that Egypt’s best known digital health platform is pivoting towards a hybrid model at a time when the purely online playbook is struggling
    Partner Content

    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

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    Kenya’s Apollo Agriculture Rides Securitisation Wave with $2.1M Local-Currency Deal

    The core infrastructure enabling the transaction was provided by Kaleidofin through its “ki” platform.
    Updates

    The Quiet Exit: Mobilemart Sells to Lesaka in $2.5m All-Cash Deal

    The Nasdaq-listed South African fintech has quietly added another small enterprise-focused company to its portfolio, paying cash for a fintech business as it continues to widen its offering for large-scale clients.
    Updates

    EFG Hermes Tests ‘Skunkworks’ Playbook Again as Education Platform Files for EGX Listing

    The Egyptian investment bank is carving out a reputation as the region's most prolific corporate incubator, following last year's blockbuster valU IPO with a listing request for its K‑12 education platform - but a jittery market will test investor appetite.
    Ecosystem News

    SA’s Yoco Hands CEO Role to German Turnaround Specialist as Founders Step Back

    “Exploring a potential IPO would be a two-step process."

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