Startups and Fintech
5 articles
Madica backs first Algerian and Cameroonian startups as early-stage funding dries up
Madica has made its first pre-seed investments in Algeria and Cameroon, supporting five startups across fintech, HR, and the circular economy. The move marks a shift toward underfunded North African markets, where early-stage capital remains hard to find.
North Africa Bank to enable direct Alipay payments from Libya to China
Libya's North Africa Bank is set to launch a direct payment service to China via Alipay, allowing Libyan account holders to make mobile transactions for Chinese goods and services. The move signals a new phase in Libya's financial connectivity with Asia.
Moroccan Startup One Med Link Targets Hospital Data Bottlenecks with AI Platform
One Med Link is rolling out an AI-powered platform designed to streamline clinical workflows and structure health data in Moroccan hospitals, aiming to address inefficiencies and underrepresentation of African data in global medical research.
Garnest sets aggressive growth targets for Egypt vacation rental market
Garnest, a vacation rental booking platform, is pursuing rapid expansion in Egypt with ambitions to reach 100,000 customers and 10,000 accommodation listings after an initial surge in users and properties. The company is also preparing to diversify its travel services.
MSMEDA and Startup Egypt sign deal to boost startup support
Egypt's MSMEDA has signed a memorandum of understanding with Startup Egypt to expand technical and financial support for startups, aiming to strengthen the entrepreneurship ecosystem and improve access to resources for early-stage businesses.