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    Elisabeth Moreno

    Egypt’s Ariika Secures $3M in Series A Extension as Beltone’s $30M Fund Backs Regional Expansion

    Ariika reported a compounded annual growth rate (CAGR) of 90% since its inception, serving over one million customers worldwide and generating 15% of its revenue through exports.

    Ghana’s State-Backed Planned $120M Venture Capital Fund Wrestles with Foreign Interests

    Currently, over 90% of VCTF funding originates from foreign sources.
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    Egypt’s Ariika Secures $3M in Series A Extension as Beltone’s $30M Fund Backs Regional Expansion

    Ariika reported a compounded annual growth rate (CAGR) of 90% since its inception, serving over one million customers worldwide and generating 15% of its revenue through exports.

    Ghana’s State-Backed Planned $120M Venture Capital Fund Wrestles with Foreign Interests

    Currently, over 90% of VCTF funding originates from foreign sources.

    North African VCs Extend Overseas Foray with $1.2M Investment in France’s Upfund

    CDG Invest’s involvement in Upfund follows its recent participation in a $2.4 million seed round for Amsterdam-based hospitality tech startup Userguest.

    Egyptian Fintechs, Chasing Licenses, Get Lifeline with Regulatory Sandbox Launch

    The sandbox offers a unique solution, allowing businesses to trial their solutions with the support of regulatory oversight