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African Startup News (June 5, 2026)
African startups are making significant progress. In this context, the digital economy platform FollowICT highlights the top startup news across Africa over the past week.
- Spiro Lands $215M to Expand Its Battery-Swapping Network for…
African Startup News (May 29, 2026)
African startups are making significant progress. In this context, the digital economy platform FollowICT highlights the top startup news across Africa over the past week.
- NALA Secures up to $50M Credit Facility From MUFG-Backed…
HE Minister Abdullah Alswaha Visits Classera, Witnessing the Launch of a Global Educational…
In a Saudi milestone with global dimensions, His Excellency the Minister of Communications and Information Technology, Eng. Abdullah Alswaha, conducted an official visit to the headquarters of Classera International in Jeddah. During the…
African Startup News (May 22, 2026)
African startups are making significant progress. In this context, the digital economy platform FollowICT highlights the top startup news across Africa over the past week.
- Nigerian-founded LemFi secures investment from Tether to power…
PlayReplay Raises $12M in Latest Round, Eyes Middle East Growth
PlayReplay, an AI-powered intelligent court system for racquet sports, announced an investment from Alfvén & Didrikson (A&D). Leading this fundraise, A&D invests a total of USD 12 million alongside other investors, including…
Modon partners with Montage Hotels & Resorts to bring ultra-luxury hospitality brand to Egypt’s…
Abu Dhabi-based Modon Holding and Montage Hotels & Resorts have announced Montage Ras El Hekma, which will introduce the first branded
African Startup News (May 15, 2026)
African startups are making significant progress. In this context, the digital economy platform FollowICT highlights the top startup news across Africa over the past week.
- MAX Secures USD 8 M Debt Funding To Scale Electric Mobility In…
Microsoft AI Diffusion Report Highlights Egypt’s Growing AI Momentum
Microsoft's AI Diffusion Report for Q1 2026, published by the Microsoft AI Economy Institute, places Egypt among markets demonstrating continued progress in generative AI adoption. According to the report, 14.8% of Egypt's working-age…
Thndr Becomes the First Egyptian Company to Top the Financial Times Ranking of Africa’s…
Thndr, Egypt's leading retail investment platform, has ranked #1 on the Financial Times Africa’s Fastest-Growing Companies 2026, becoming the first Egyptian company in the ranking’s five-year history to claim the top spot.…
Rayz Developments launches its first mixed-use project BRX in New Cairo, backed by Al-Shams’ 40-year…
Rayz Developments, the real estate arm of Al Shams Contracting and Engineering Works Company, announced the launch of its first multi-use project "BRX"



