An AI company that was acquired by BioNTech, showcasing the potential for successful exits in Africa's tech sector.
Funding is flowing North, and Enza Capital is paying closer attention
In 2024, Egypt recorded a 48% increase in equity deal activity compared to 2023. Morocco raised over $50 million, becoming the sixth most active African country in equity deals.
Show me the money: The need for transparency in African tech exits
Paystack, InstaDeep, and Expensya are highlighted as notable exits in the African tech ecosystem. CreditChek's acquisition of CreditCliq and Bankly's acquisition by C-One Ventures are mentioned as recent deals lacking disclosed figures.
Why Africa’s first healthtech unicorn is closer than you think
Dr. Ola Brown announces the launch of the Unicorn Insight Report, showcasing Africa's accelerating health tech story. African healthtech startups raised $1.055 billion in the first five months of 2025, indicating strong investment interest.
10 Startups to Watch in 2025 in North Africa
Chari, a Moroccan startup, is revolutionizing retail with a B2B e-commerce platform that supports over 20,000 small grocery stores. MaxAB in Egypt has merged with Wasoko, creating Africa's largest informal retail network, supporting over 450,000 merchants.
‘Where we are today in biology AI is similar to GPT in 2020’: An interview with the CEO of Africa’s biggest AI startup
BioNTech acquired InstaDeep for over $550 million in January 2022. InstaDeep developed an early warning system for COVID-19 variants in collaboration with BioNTech.
