June 08
Africa: Foras.Ai Backs Arabic Ai Education Platform Efham.Ai
Foras.AI invested in Efham.ai, an Arabic-language AI education platform developed by Egypt-based NixAI, as demand grows for artificial intelligence skills across the Middle East… Read more »
Africa: Aethexai Raises $3m for Voice Ai in Africa and Middle East
AethexAI raised $3 million in pre-seed funding to build voice AI systems for enterprises in Africa and the Middle East, where customer support still depends heavily on phone calls. Read more »
May 19
Congo-Brazzaville: Emirati Group Ad Ports Awards $200m Congo Terminal Contracts
AD Ports Group awarded contracts worth about AED735 million, or nearly $200 million, for the construction and equipment of a new container terminal in Pointe-Noire, Republic of… Read more »
April 08
West Africa: Nigeria Seeks $5b Swap Deal With UAE Lender to Cut Borrowing Costs
Nigeria plans to raise $5 billion through a derivatives transaction with First Abu Dhabi Bank, as it looks for lower-cost funding amid rising global yields. Lawmakers approved… Read more »
March 24
Africa: Yassir Acquires Kawarizmi to Build Retail Media and Adtech Platform
Yassir has acquired Kawarizmi as it expands into advertising and retail media across Africa, the Middle East and Europe. Read more »
March 03
Egypt: Egypt's Moneyhash Partners With Wayl to Expand Into Iraq
Egypt-based MoneyHash has entered the Iraqi market through a new partnership with Wayl, a local payment solutions provider and merchant of record. Read more »
January 10
Djibouti: Djibouti Wins Key Arbitration Case As Saudi Arabia Gains Port Foothold
Djibouti has secured a rare legal victory in its long-running dispute with Dubai Ports World, easing years of tension with the United Arab Emirates while reshaping port competition… Read more »
December 10, 2025
Egypt: Moneyhash Partners Amwal to Expand Payment Solutions in Saudi Arabia
MoneyHash, the Egypt-based payment orchestration platform operating across the Middle East and Africa, has partnered with Saudi fintech Amwal Tech to expand installment-based… Read more »
August 07, 2025
Africa: F6 Group Launches New VC to Invest $90m Across Middle East and Africa
F6 Group has launched F6 Ventures, a new seed-stage investment firm managing over $90 million in assets across six funds The new VC arm sits alongside Flat6Labs, the… Read more »
July 22, 2025
Africa: African Banks Shift Global Strategy Toward Gulf Hubs
African banks are deepening their presence in the Gulf as part of a broader strategy to follow clients, access capital, and enter high-growth markets Absa Bank (South Africa) and… Read more »