Egypt gives TikTok three-month ultimatum as creators brace for tighter regulations
Techpoint Africa - Aug 05, 2025
Egypt's telecoms committee has called for TikTok to change its moderation practices within three months. The directive was issued during a meeting with TikTok Egypt's CEO and the head of the National Telecommunications Regulatory Authority.
LemFi Expands to Egypt, Tapping Into $29.6B Remittance Corridor
Tech Labari - Jul 10, 2025
LemFi has launched its services in Egypt, focusing on the large diaspora and remittance market. Egypt received a record $29.6 billion in remittances in 2024, nearly double the previous year.
New Mastercard-Enza Partnership to Fuel Fintech Innovation Across Africa
IT News Africa - Jun 19, 2025
The number of fintech companies in Africa has nearly tripled since 2020. Many fintech innovators are embedding payment services into broader solutions to improve financial access.
Egypt Leads as African Startup Funding Hits $1 Billion Despite Volatility
Tech In Africa - Jun 13, 2025
African startups secured a total of $1 billion in funding between January and May 2025, a 40% rise from the same timeframe in 2024. Funding peaked in January 2025 with $289 million raised but saw a decline to $50 million in March before recovering to $343 million in April.
African startups hit $1 billion in funding for 2025 as Egypt leads in May
Techpoint Africa - Jun 10, 2025
African startups raised $1 billion between January and May 2025, a 40% increase compared to 2024. January 2025 saw $289 million raised, but funding dropped to $119 million in February and $50 million in March.