Swvl
Business Ride-hailing

Egyptian Bus-hailing Firm Swvl Commences Trading on Nasdaq

Swvl, the Egyptian mass transit and shared mobility services provider, has begun trading on the Nasdaq. The firm’s co-founder and

Khazna
Financial Services Fintech

Egypt’s Khazna Closes $38m Series A in Equity and Debt Funding Round

Khazna, an Egyptian fintech startup, has raised a $38 million series A in equity and debt funding round. The equity

Dapio
Fintech Funding Investment

Flutterwave Leads $3.4m Investment in UK Contactless Payment Firm, Dapio

Flutterwave, the unicorn African payment startup, has led a $3.4 million investment in Dapio alongside Techstars, PactVC and Daniel Gould,

Verod Capital
Acquisition

Verod Capital Acquires Minority Stake in Medplus to Support its Growth

Verod Capital Management Limited, a West African private equity firm, has announced that it has completed the acquisition of a

Funding Investment Venture Capital

Egypt’s Xpovi Secures $300k Pre-seed Funding

Xpovi, an Egyptian robo-advisory startup, has closed a $300,000 pre-seed round to scale-up its autonomous financial and business planning services.

MFS Africa
Acquisition

MFS Africa Completes Acquisition of Baxi

MFS Africa has completed its acquisition of Capricorn Digital Limited, known in the market as Baxi, following approval of the

Churpy
Fintech

Kenyan Fintech Startup Churpy Gets $1m Backing From Global Investors

Churpy, a Kenyan fintech startup, has secured a $1 million seed round led by Unicorn Growth Capital. Also participating were

Health Investment Venture Capital

Egypt’s Otida Raises $340k Pre-seed Funding to Alleviate Pains of Diabetes

Otida, an Egyptian healthtech startup, has completed a $340,000 pre-seed funding round led by LoftyInc Capital. The round was joined by

CredPal
Funding Investment Venture Capital

YC-backed CredPal Bags $15m to Scale its BNPL Product Across Africa

CredPal, a Nigerian startup that provides Buy Now, Pay Later (BNPL) as a payment option, has raised $15 million in

Eksab
Funding Investment Venture Capital

Egyptian Fantasy Football Startup, Eksab Closes $3m Seed Round

Eksab, an Egyptian fantasy football startup, has raised a $3 million seed investment round led by 4DX Ventures. The round