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    Egypt’s Taager Raises $6.75 Million to Fuel Social Commerce Expansion in MENA

    The company’s managing director in Saudi Arabia, Mohamed Tarek, recently joined Taager after his previous venture, Egyptian fintech Cassbana, faced difficulties.
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    Ghana-based Fintech Startup Affinity Africa Raises $8 Million Seed Round

    Led by European venture capital firms Grazia Equity and BACKED VC, the oversubscribed round signals investor appetite for solutions addressing the continent’s persistent financial inclusion challenges .
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    Nigeria’s Raenest Raises $11M to Solve Africa’s Biggest Freelance and Business Payment Challenges

    The startup has already processed over $1 billion in payments since its inception in 2022, serving over 700,000 individuals and 300 businesses.
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    South Africa’s Everlectric Secures Venture Debt Funding to Accelerate EV Adoption

    Everlectric, a South African startup providing full-maintenance leases of commercial electric vehicles (EVs), has...
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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.
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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.

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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
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    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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    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.
    Updates

    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.

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