News #Africa Markets

Egyptian payment orchestration startup MoneyHash has partnered with Saudi fintech Geidea, giving businesses on its platform access to Geidea’s payment gateway across the UAE, Saudi Arabia and Egypt.

African e-commerce group Jumia Technologies was left with just $367,000 of total equity at the end of June, before a $50m injection anchored by the International Finance Corporation

The Nigerian equities market delivered a strong performance in July 2026, adding approximately N11.11 trillion to investors’ wealth as sustained buying interest in banking and other fundamentally strong stocks outweighed intermittent profit-taking

​“I do not measure adoption by how many people can purchase a digital asset. I measure it by how many people can explain what they own, why they own it, what risks they are accepting and how they intend to protect themselves.” – Antony Mlelwa

Egyptian startup Stakpak, the developer of one of the first open-source autonomous DevOps agents, has been acquired by Vercel, a US-based cloud platform valued at US$9.3 billion.