Morocco: Morocco-Based Zsystems Raises $1.65m to Digitise Retail Supply Chains

ZSystems has raised 1.65 million dollars in a seed round led by Azur Innovation Management, as the company expands its platform linking brands, wholesalers, and retailers. Read more »

North Africa: Egypt Expands Startup Support Beyond Cairo With Aswan Program

Information Technology Industry Development Agency has supported 61 startups in Upper Egypt through a program run with Plug and Play, as the country seeks to broaden its tech… Read more »

North Africa: Egypt's Lucky Raises $23m to Expand Consumer Credit Platform

Lucky has raised 23 million dollars in a Series B round combining equity and debt, as the company looks to expand its consumer credit platform and enter new markets. Read more »

Morocco: GoSwap Raises Seed Funding to Expand EV Battery Swapping in Morocco

GoSwap raised seed funding from Azur Innovation Fund to scale its battery-swapping network for electric scooters across urban centres. Read more »

Egypt: Qualiphi Acquires Career Club to Expand Ai Career Platform Across Mena

Qualiphi has acquired Career Club in a six-figure deal completed in the second half of 2025, as it expands AI-powered career services across Egypt and the Gulf. Read more »

Egypt: Egyptian E-Commerce Startup Mitcha Acquired By US Firm Converted

Converted has acquired Mitcha as it expands its data-driven commerce ecosystem in emerging markets. Read more »

Africa: Morocco Awarded Afcon 2025 Title After CAF Overturns Final Result

Confederation of African Football awarded the 2025 Africa Cup of Nations title to Morocco after its appeal board overturned the final result against Senegal and ruled the match a… Read more »

Morocco: Moroccan Startup Colis Opens First European Agency in Brussels

Moroccan cross-border logistics startup Colis has opened its first international agency in Brussels, marking its entry into the European market. Read more »

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 »

Egypt: Beltone Holding Launches Platform to Back Growth-Stage Firms

Egypt-based Beltone Holding has launched a Private Equity platform, expanding its multi-stage investment strategy beyond early-stage venture capital. Read more »

Egypt: Egyptian Exchange to Launch Futures Market On March 1

The Egyptian Exchange will launch its long-awaited futures market on March 1, 2026, beginning with contracts linked to the EGX30 index. Read more »

Morocco: Morocco Fintech Wafr Raises $4m to Digitise Corner Stores

Morocco-based fintech WafR has raised $4 million in an oversubscribed seed round to expand its network of digitised neighborhood stores and broaden its financial services offering. Read more »

Egypt: Egypt Cuts Rates By 100 Basis Points As Inflation Slows to 10.1 Percent

The Monetary Policy Committee of the Central Bank of Egypt cut key interest rates by 100 basis points on February 12, citing easing inflation pressures. Read more »

Egypt: Dawar Acquires Stake in BekyaPay to Expand Recycling Data Network

Egypt-based circular economy platform Dawar has acquired a strategic stake in consumer recycling app BekyaPay, expanding its reach to the household level. Read more »

Morocco: Charikaty Raises $150,000 On Moroccan Investment Show

Morocco-based regtech startup Charikaty has raised MAD 1.5 million, or about $150,000, during Season 3 of "Qui Veut Investir Dans Mon Projet?" broadcast on national channel 2M. Read more »

Egypt: IFC Backs Five Egypt Projects in Climate Finance, Healthcare and SMEs

The International Finance Corporation signed five projects in Egypt focused on climate finance, healthcare, food security and small business support. Read more »

Egypt: Egypt's Breadfast Raises $50m Ahead of Series C and IPO Plans

Breadfast has raised $50 million in a pre-Series C round as the Egyptian e-commerce platform prepares for expansion and a larger fundraising in 2026. The round included Mubadala… Read more »

Egypt: Flextock Raises $12.6m to Expand Egypt and Saudi Logistics Operations

E-commerce logistics startup Flextock has raised $12.6 million in a Series A round led by TLcom Capital, with participation from Conjunction Capital and Capria Ventures. Existing… Read more »

Egypt: Gourmet Egypt Shares Jump On Egx Debut After $28m IPO

Agri-food company Gourmet Egypt.com Food began trading on the Egyptian Exchange on February 10 after completing an initial public offering that combined a public offering with a… Read more »

Egypt: Gourmet Egypt Plans IPO On EGX Through Secondary Share Sale

Gourmet Egypt, a food producer and distributor controlled by B Investments Holding, is preparing to list on the Egyptian Exchange, according to people familiar with the… Read more »

Egypt: Egypt Launches Derivatives Market With First EGX Futures License

Financial Regulatory Authority has granted the Egyptian Exchange its first license to trade futures contracts linked to locally listed securities, marking the formal launch of… Read more »

Egypt: eYouth Expands Into Iraq With Arabic Workforce Platform

eYouth, the Egypt-founded digital learning company, has expanded into Iraq with the launch of eYouth Iraq, introducing the country's first Arabic-language online platform focused… Read more »

Egypt: Egypt's KNOT Raises $1m to Build AI Ticketing Platform

KNOT Technologies, an Egypt- and UK-based online ticketing startup, has raised US$1 million in a pre-seed funding round led by A15. Read more »

Egypt: Valu Secures $64m Credit Line From National Bank of Egypt

Valu has signed a short-term financing agreement of up to EGP3 billion, equivalent to about US$63.6 million, with National Bank of Egypt, strengthening its funding base as it… Read more »

Egypt: Egypt's NowPay Enters Saudi Arabia in $20m Joint Venture

NowPay is expanding into Saudi Arabia through NowAccess, a joint venture with Tas'heel, the consumer finance unit of United International Holding Company. Read more »