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    Udoh Charles

    Charles has carved a niche at the forefront of Africa’s booming tech scene. With years of experience, Udoh has become a go-to expert for multi-million dollar deals in venture capital, private equity, and intellectual property across a vast landscape — from Delaware and New York to Singapore and South Africa. But his expertise extends beyond just the legalese. Udoh is also a corporate governance, data privacy, and tax whiz. An award-winning writer and researcher, he’s passionate about chronicling Africa’s startup story, cementing his position as a true pioneer in the field.

    Tunisian State Fund Invests $4M in Its Ex-Investment Officer’s New VC

    The fund is targeting a final close of $100m, having secured a first close of $30m from the QIA.

    Cairo to Riyadh: The New Gold Rush for Egyptian Edtech

    The attraction for these startups goes far beyond simple market size.
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    Nigerian Fintechs: Your Cookies Are Next After NDPC’s Landmark Fine

    Recently, Meta was fined $220 million for breaching Nigeria’s data protection laws.

    New Vague Crypto Regulations in Ghana Leave Industry in Limbo

    Commercial banks and payment service providers may offer services to VASPs but under strict conditions.

    ‘Compete with VCs and Fail’ — Top CVC Investors in Africa Warn

    “Another challenge is ensuring the right people are running the CVC. It’s not a product."

    Maghreb VC Firms Look Beyond Borders After Local Startup Setbacks

    This strategic pivot is largely a response to a series of high-profile startup failures within the region, prompting investors to rethink their approach to safeguarding their portfolios.

    Catalyst Partners Seeks Approval for Egypt’s First SPAC

    SPACs, relatively new to the Egyptian market, are shell companies that raise funds through an initial public offering (IPO) to acquire an existing company within a specific timeframe.

    Kenya’s Sukhiba Connect Secures Additional Funding to Scale WhatsApp-Based Commerce Platform

    Kenya’s high WhatsApp penetration, with 97% of internet users utilizing the platform according to a 2022 survey, has been a catalyst for Sukhiba’s growth.

    Startup Funding Drought: Where Are Africa’s Once Prolific Investors Going?

    Investors from Asian countries such as Japan, China and Saudi Arabia are increasingly exploring geographical diversification, suggesting a broader strategy to mitigate risks and capture new market opportunities.

    The SaaS Subscription Playbook: Lessons from a Leading South African Platform’s Subscription Success

    Notably, subscription revenue made up a hefty 89% of the company’s total income during this time, bringing in about $52 million.

    Nigeria’s Intron Health Secures $1.6M for AI-Powered African Accent Recognition

    Intron Health’s existing adoption in 30 hospitals across five markets, including Kenya and Nigeria, showcased its viability and potential impact.

    A New Wave of Foreign Heavyweight Fintech Startups Is Entering Morocco

    Just like Yassir Maroc, Money Fellows’ interest in the Moroccan fintech market is mostly inspired by the prevailing financial behavior of Moroccan consumers.

    Ethiopian Banks Gain New Investment Powers: Startups, Others Now Fair Game

    Banks can hold up to 10% equity shares in a single non-banking business other than insurance.

    Egypt’s dopay Secures $13.5M to Expand Digital Payroll Solutions for Underbanked Workers

    dopay’s expansion plans include the development of a self-financing lending model in collaboration with partner banks, which will leverage deposited funds to create a sustainable lending portfolio

    Latest articles

    Tunisian State Fund Invests $4M in Its Ex-Investment Officer’s New VC

    The fund is targeting a final close of $100m, having secured a first close of $30m from the QIA.

    Cairo to Riyadh: The New Gold Rush for Egyptian Edtech

    The attraction for these startups goes far beyond simple market size.

    AfricInvest Leads $22M Round for Kredete, a Fintech Tackling the Immigrant Credit Gap

    Investors are flocking to Africa's stablecoin infrastructure, with Kredete's deal marking the latest in this wave.

    mPharma Founder Gregory Rockson Steps Down as CEO After 11 Years

    The leadership shuffle marks a pivotal moment for one of Africa’s most prominent healthtech startups.