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    Egypt’s Top Fintech VC Leans Into AI and Exportable Startups to Ease Economic Strain — “AI will be central for us now”

    “Egypt is not just a large market — it is a deep reservoir of talent.”
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    Updates

    Valu Sidesteps the IPO Playbook with a Rare Public Market Entry - Here’s What It Means

    In 2024, Valu reported EGP 3.1bn ($62.2 million) in gross revenue and EGP 423m ($8.4 million) in net profit — a 78% increase year-over-year.
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    Updates

    From Crop Insurance to Migrant Fintech: Meet the African Startups Backed by COREangels MEA’s $10M Fund

    As African startups mature and pressure grows for profitability and impact, models like COREangels MEA — which blend financing with operational expertise — may become a more common fixture.
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    Partner Content

    Algeria’s First Startup IPO Pays Off with Dividends for Early Believers Six Months After

    For investors who took a chance on a little-known startup just two years ago, it’s also a tangible return.
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    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.
    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.

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    Partner Content

    Zero Fees vs. High Inflation: Why Cisco Is Doubling Down on Affinity Africa’s ‘Freemium’ Math

    When Affinity received its Savings and Loans license in 2022, it was the first such permit granted in over a decade.
    Partner Content

    Africa’s Growth Problem Isn’t Capital. It’s Leadership Without Collaboration

    Africa’s future won’t be determined by how much money arrives. Ray Langa, Group CEO of Leagas Delaney, writes from Cape Town

    Latest articles

    Updates

    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.
    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.
    Corporate Governance Forum

    A Fractured Leg, a Pregnancy, and an Empty Promise: The Human Cost of a Nigerian Fintech’s Collapse

    A Nigerian fintech raised $2.6m from marquee investors, promised its employees fair treatment, and then shut down. A Nigerian court has spent two years untangling what it left behind.
    Ecosystem News

    Malagasy Infrastructure Firm Axian Targets Nigeria’s Clean Energy Market with DFI-Backed Expansion

    AXIAN’s entry is timed with the World Bank-supported DARES (Distributed Access through Renewable Energy Scale-up) program.

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

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