BURN, the African clean cookstove manufacturer, has raised $5 million from EDFI Management Company (EDFI MC) through the EU Funded Electrification Financing Initiative (ElectriFI). This investment ...

Sylndr, an Egyptian automotive e-commerce startup, has closed a $15.7 million Series A funding round, positioning itself to become the country’s leading integrated platform for used car sales, ...

MaxAB, the Egyptian B2B e-commerce platform, has acquired Fatura, in partnership with its fintech subsidiary Wasabi, in a move that consolidates the country’s largest digital retail and financial ...

Jumia, the African e-commerce platform, today announced the expansion of its logistics service, Jumia Delivery, to Nigeria. Building on its operations in Côte d’Ivoire, Jumia Delivery offers ...

Nawy, an Egyptian proptech startup, has secured a $75 million funding round to fuel its expansion across the Middle East and North Africa (MENA). The funding consists of $52 million in Series A equity ...

Verto, the cross-border payments startup, has been announced as the Grand Prize winner of the Milken-Motsepe Prize in FinTech. The prestigious $1 million award that recognises companies expanding ...