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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.

    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.

    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.

    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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    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.

    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.

    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

    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.

    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.

    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

    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.