More
    HomeUpdates

    Updates

    Egypt’s Foreign Remittance Hits $20 Billion in 9 Months, But Local Fintechs Remain Sidelined

    Despite the remittance boom, the market remains dominated by established international players.

    Will Funding Finally Flow to Tunisian Startups? New Foreign Currency Rules Challenge the Status Quo

    This is the most important legislation to come out of the Tunisian startup ecosystem, even surpassing the Startup Act of 2018. It marks the beginning of a new era for startup funding in the North African country.

    Moustachir Becomes Algeria’s First Startup to Go on IPO on Local Stock Exchange

    The shares will be priced at 760 Algerian dinars (DA) each, equating to approximately $5.70 per share.

    Egypt’s Sylndr Secures $7.45 Million in Asset-Backed Financing to Disrupt Used Car Market

    This is a one-of-a-kind deal and opens a new pathway for other Egyptian startups seeking funding.
    spot_img

    Keep exploring

    Premium Brands Don’t Have a Quality Problem. They Have a Distinction Problem.

    Nomaswazi Phumo, Head of Strategy of Leagas Delaney South Africa, writes from Cape Town, South Africa

    Swedfund Injects $20M Into AfricaGoGreen to Plug Climate Debt Gap

    The transaction is consistent with Swedfund’s demonstrated strategic priority.

    Swvl Lands Sawiris Family Backing in $13M Push for U.S. Expansion

    Cairo-born mobility group secures $13m from Sawiris family vehicle as it tries to convert a fragile turnaround into American growth.

    From Quebec to Africa: The Obscure Telecom Making a High-Stakes Nasdaq Debut

    In a market where the “landlord” model has proven wildly profitable, can the capital-hungry builder ever catch up?

    Latest articles

    Premium Brands Don’t Have a Quality Problem. They Have a Distinction Problem.

    Nomaswazi Phumo, Head of Strategy of Leagas Delaney South Africa, writes from Cape Town, South Africa

    Swedfund Injects $20M Into AfricaGoGreen to Plug Climate Debt Gap

    The transaction is consistent with Swedfund’s demonstrated strategic priority.

    How Moving Goalposts Are Freezing Francophone West Africa’s Fintech Scene

    For investors considering Francophone West Africa’s fintech sector, the past eighteen months have been ‘a study in uncertainty’.

    Five Countries, Half a Million Dollars: Inside Nigeria’s New Startup Funding Math

    Nigerian founders are not failing to raise capital so much as raising it through instruments that didn't used to be the plan.