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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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    Novastar Ventures Targets AI-Native African Startups With Google-Backed Lab

    The initiative is part of a broader push by Google to deepen its understanding of AI use cases emerging from African markets.
    Policy & Regulations Forum

    Nigeria’s Banking Crackdown Catches Fintechs Chasing Microfinance Licences

    The regulator revokes 46 permits, including those acquired by digital lenders eager to vault into deposit-taking.

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    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.
    Hard Talks

    ‘Timing Is Critical’: How a Pandemic Almost Killed Weego and Accidentally Built Its B2B Engine

    "We learned from the experience of players like Swvl."

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    Updates

    Novastar Ventures Targets AI-Native African Startups With Google-Backed Lab

    The initiative is part of a broader push by Google to deepen its understanding of AI use cases emerging from African markets.
    Policy & Regulations Forum

    Nigeria’s Banking Crackdown Catches Fintechs Chasing Microfinance Licences

    The regulator revokes 46 permits, including those acquired by digital lenders eager to vault into deposit-taking.
    Partner Content

    LemFi Acquires UK Wealth Platform Wealth8 in Push to Build Migrant Financial Hub

    London-based fintech adds investment services to remittance and credit offering after securing regulatory approval
    Ecosystem News

    Catalyst Fund Raises $30 Million in Second Close for African Climate Adaptation Vehicle

    Venture capital firm draws in IFC, Shell Foundation and Trafigura Foundation to back start-ups addressing climate shocks.

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