Catalyst Partners seals Egypt’s first fintech SPAC deal in $23m Qardy buyout
Catalyst Partners Middle East (CPME) completes Egypt’s first fintech SPAC merger by acquiring Qardy for $23 million. The acquisition of Qardy is executed through a share swap, aligning with CPME’s strategic expansion in digital lending.
Next Wave: Should Nigeria’s startups consider listing on its stock exchange?
The Nigerian Stock Market has overperformed its target since 2020 till date. Nigerian startups can take advantage of last year’s bull run to list on the Nigerian Tech Board in 2024.
👨🏿🚀TechCabal Daily – MFS Africa rebrands to Onafriq
Swvl's bus-hailing services for business customers grew rapidly in 2022, generating $37.9 million in revenue, a 132% increase from the previous year. MFS Africa has rebranded to Onafriq to reflect its expanded services beyond mobile financial services.
