June 08
Egypt: Blnk Raises $37m to Expand Consumer Credit Access in Egypt
Egyptian fintech Blnk raised $37.1 million in equity and debt funding to expand its point-of-sale consumer financing business. The round includes $12.5 million in Series A equity… Read more »
May 13
Egypt: Egypt's Taager Opens China Office to Facilitate Cross-Border Trade
Taager has opened its first supply office in China as the Egypt-born, Saudi Arabia-based social e-commerce platform deepens its cross-border trade infrastructure. Read more »
May 03
South Africa: Shiprazor Raises $2.65m Seed to Cut E-Commerce Delivery Costs
Shiprazor, a Cape Town-based e-commerce logistics platform, raised $2.65 million in seed funding to help online merchants cut delivery costs, improve checkout conversion and manage… Read more »
April 21
Nigeria: French Retailer Carrefour Enters Nigeria, Guinea in Franchise Deals
Carrefour said it will enter Nigeria and Guinea through franchise agreements with local partners, expanding its footprint in West Africa. The move is part of its Carrefour 2030… Read more »
Cote d'Ivoire: Sicable Posts Loss in Q1 As Maintenance Halt, Metal Price Surge Bite
Sicable, the Abidjan-based electric cable maker and Ivorian subsidiary of Italy's Prysmian Group, swung to a net loss of 221.7 million FCFA ($397,500) in the first quarter of 2026,… Read more »
April 17
West Africa: Nigeria Inflation Hits Two-Decade High As Fuel Costs Surge
Nigeria's monthly inflation rate rose to a more than two-decade high in March, driven by higher fuel costs linked to global energy tensions. Consumer prices increased 4.2%… Read more »
March 29
Kenya: Twiva Secures Backing to Scale Creator-Led Commerce Platform in Kenya
Twiva has secured investment from the Jobtech Alliance to expand its platform that connects brands with creators through performance-based digital commerce. Read more »
March 24
South Africa: Happy Pay Raises $5m to Expand Ad-Subsidised Payments Model
South African startup Happy Pay raised $5 million in a seed round to scale its ad-subsidised payments network, a model that removes interest and fees from consumer finance. 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 »
March 10
Africa: Njiapay Gets $2.1m to Expand Payment Orchestration Platform in Africa
NjiaPay has raised $2.1 million in seed funding to expand its payment orchestration platform across Africa, which was led by Newion. The company said the capital will be used to… Read more »
March 02
West Africa: Nigeria Extends Shea Export Ban to Boost Local Processing
Nigeria has extended its ban on the export of raw shea nuts for another year, reinforcing its push to expand domestic processing and retain more value from one of its key… Read more »
February 27
Senegal: Mali Eyes Atlantic Access Through $800m Senegal River Corridor
Landlocked Mali could gain direct access to the Atlantic Ocean under an ambitious plan to transform the Senegal River into a major commercial shipping corridor linking Mali to… Read more »
February 14
Senegal: Islamic Bank of Senegal Secures €20m ITFC Trade Finance Line
The Islamic Bank of Senegal signed a €20 million financing agreement with the International Islamic Trade Finance Corporation, a member of the Islamic Development Bank Group,… 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 »
January 08
Egypt: Egypt Central Bank Cuts Rates By 100 Basis Points As Inflation Eases
The Monetary Policy Committee of the Central Bank of Egypt cut key interest rates by 100 basis points at its final meeting of 2025, signaling growing confidence that inflation is… Read more »
East Africa: Malawi Inflation Slows to 27.9 Percent As Food Prices Ease
Malawi's year-on-year inflation rate fell to 27.9% in November 2025, down from 29.1% in October, driven mainly by slower increases in food prices. Read more »
Africa: Africa's Copper Market Faces Supply Strain As Demand Stays Firm
Africa's copper market is entering 2026 pulled between strong demand expectations and tight supply conditions, as production of both refined copper and concentrates struggles to… Read more »
August 03, 2025
Kenya: Nairobi Securities Exchange to Allow Single-Share Trades From Aug 8
Starting August 8, 2025, the Nairobi Securities Exchange (NSE) will allow investors to buy and sell shares in units as small as one The change is part of a broader effort to… Read more »
