Tag "funding"

6 Fintech Soonicorns with African Origins

2021 was a blockbuster year for investment in African fintech startups, with a whopping US$1.6 billion invested across 153 deals. The figures represent two times the value of 2020 (US$800 million), and a 50% increase in transaction numbers, data from

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Fintech Startups in Egypt Stand to Gain a Cut from US$200 Mil Fund by the World Bank

The World Bank has set aside US$200 million for Egyptian SMEs hoping to create job opportunities for the kingdom’s youth. The project, called ‘Catalyzing Entrepreneurship for Job Creation’, will funnel about US$145 million to grant loans for small businesses—especially those

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