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VentureburnFor millions of everyday Egyptians, getting a simple loan almost feels like pulling teeth. Sky-high domestic interest rates and notoriously stubborn inflation have squeezed household incomes to an absolute breaking
Disrupt AfricaEgyptian startup Qardy, a marketplace and aggregator for debt financing, has partnered Cashcall to help drive financial prosperity for micro, small, and medium enterprises. Founded in July 2022, Qardy facilitates loans for MSMEs, with founder Abdel Aziz Abdel Nabi saying the startup’s goal was to…
Disrupt AfricaWIC Capital, a local capital provider investing in Senegal and Ivory Coast that focuses on financing women-owned and managed micro, small and medium enterprises (MSMEs), has secured a US$1 million loan from the FSDAi Nyala Facility BV to expand its impact. Led by Evelyne Dioh Simpa, WIC Capital was…