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    Egypt Inflation Hits Swvl’s Bottom Line as Ride-Hailing Firm Reports $15m Loss

    Swvl has equally undertaken significant restructuring efforts under its Portfolio Optimization Program. This involved the sale of its Pakistani subsidiary for $20,000 in April 2023 and the liquidation of operations in Kenya, Jordan, and Malaysia.
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    Egypt Inflation Hits Swvl’s Bottom Line as Ride-Hailing Firm Reports $15m Loss

    Swvl has equally undertaken significant restructuring efforts under its Portfolio Optimization Program. This involved the sale of its Pakistani subsidiary for $20,000 in April 2023 and the liquidation of operations in Kenya, Jordan, and Malaysia.

    Ivorian Fintech Bizao Placed Under Receivership Three Years After $8.6m Funding Round

    However, a visit to Bizao's website indicates that it is currently inaccessible.

    ‘We’re Different’: Kenya’s Craft Silicon Doubles Down on BNPL After Lipa Later’s Collapse and Staffing Spat

    Other players in the market include Safaricom’s Faraja, M-Kopa, Tala, and Branch, each with their own distinct approaches.