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    Swvl Rehires Ahmed Misbah as Chief Financial Officer Amidst Financial Challenges

    Mr. Misbah’s return comes at a critical juncture for Swvl, which is grappling with financial headwinds.
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    Updates

    Nigerian Fintech Verto Wants to Back African Startups Targeting International Markets

    Applications will open on February 6, 2025, and will be open to businesses operating for a maximum of two years.
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    Updates

    Africa50 is Betting Big on African Climate-Tech with New $500M Fund

    The new fund, dubbed the Alliance for Green Infrastructure in Africa (AGIA), will focus on off-grid power companies and distributed renewable energy solutions.
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    NORTHERN AFRICA

    Can Egypt’s Latest Prime Minister-Led Startup Push Finally Deliver on Its Promise?

    This isn’t the firs.t time the Egyptian government has attempted to transform the country’s startup ecosystem.
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    African Startup Deal Tracker — Newest Deals

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

    Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs

    A policy push in Accra is reshaping who finances growth companies in West Africa.

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    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.
    Partner Content

    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

    Updates

    African Startup Deal Tracker — Newest Deals

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

    Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs

    A policy push in Accra is reshaping who finances growth companies in West Africa.
    Partner Content

    SafeBoda Pivots to Corporate Clients as Kampala’s Regulatory Crackdown Threatens Its Ride-Hailing Core

    This latest pivot suggests the company may be approaching the limits of its ability to absorb sustained regulatory pressure.
    Updates

    Nigeria’s Digital Natives Are in Financial Distress. Tech Firms Should Be Worried.

    For the better part of a decade, Nigeria’s consumer technology sector has operated on a reassuringly straightforward demographic premise.

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

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