Paymob raises $35 million pre-Series C to expand payments business across MENA

Egypt's Paymob raised $35M led by Mubadala and EBRD to expand its payments business across MENA, as Gulf revenue grows sevenfold.

Startup paying Egyptians for recyclable waste raises seed funding to scale collection network

Bekia has secured $765,000 in seed funding. The company plans to launch its first B2B software product, Bekia Next, in October 2026.

FT’s 2026 Ranking shows Africa’s fastest-growing companies are doing more with less

FT’s 2025 Africa fastest growing companies ranking shows Egypt tops for the first time, Kenya overtakes Nigeria, and funding doesn’t guarantee growth as lean firms outpace well funded giants.

Nawy acquires SmartCrowd to expand into Middle East 

Nawy acquires Dubai-based SmartCrowd to expand into the Middle East, marking a major African-Gulf proptech deal.

AfDB commits $184M to Africa’s largest solar and battery project in Egypt

The African Development Bank has approved $184 million for Egypt's Obelisk solar project, Africa's largest clean energy and battery storage initiative.

Egyptian Autotech Sylndr closes $15.7M Series A to drive digital transformation in used car market

The investment underscores growing investor confidence in technology-driven solutions to modernise traditionally fragmented sectors in Africa.

Egyptian fintech, Money Fellows eyes North Africa with $13M funding boost

North Africa is increasingly becoming an attractive market for digital financial services, driven by high mobile phone penetration and a growing tech-savvy population.