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    CENTRAL AFRICA

    Cameroon’s Fako Capital, I&P’s Latest Anchor Fund, Targets $500K Investments in High-Growth Startups

    Fako Capital joins a growing network of African impact funds nurtured by I&P

    French Bank’s African Fintech Arm YUP Leaves Investors with Over $8M Loss Post-Liquidation

    Originally launched in 2017 across seven African countries, including Côte d’Ivoire, Senegal, Burkina Faso, Guinea, Ghana, Madagascar, and Cameroon, YUP was Société Générale’s attempt to penetrate Africa’s fast-growing mobile payments market.

    Gabonese Startups Get First Entrepreneur-Only Bank, BCEG

    The BCEG is entirely funded by Gabonese institutional and private investors, making it one of only two banks in the country controlled by national capital, alongside market leader .

    Gabon Denies Authorizing $5B Fundraising by Cameroonian Fintech Yunus SA

    The 3,280 billion CFA francs claimed by Yunus SA represents nearly 79% of Gabon’s state budget for 2024, which is set at 4,162 billion CFA francs.
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    Meet the VC Funds Deploying Tunisia’s $60m ANAVA Fund of Funds

    To date, ANAVA has committed €45 million across 10 venture capital (VC) funds, including those operating out of Nigeria and Senegal. The fund targets up to 13 funds.

    How Sprintly Partners Is Putting Egyptian Startups on Silicon Valley’s Investment Map

    The initiative aims to provide early and growth-stage startups with direct access to funding, mentorship, and networking opportunities within one of the world’s most competitive startup ecosystems.

    African Infrastructure Investor Secures $400m for Clean Energy Projects

    The Murabaha structure, in particular, avoids speculative practices, making it a suitable instrument for financing tangible infrastructure projects.

    Fintech Unicorn Wave Takes Over Senegal’s Largest E-Ticketing System

    Senegal’s largest e-ticketing system for public transport is now fully powered by Wave, the fintech unicorn that has taken the country’s financial landscape by storm.

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    Meet the VC Funds Deploying Tunisia’s $60m ANAVA Fund of Funds

    To date, ANAVA has committed €45 million across 10 venture capital (VC) funds, including those operating out of Nigeria and Senegal. The fund targets up to 13 funds.

    How Sprintly Partners Is Putting Egyptian Startups on Silicon Valley’s Investment Map

    The initiative aims to provide early and growth-stage startups with direct access to funding, mentorship, and networking opportunities within one of the world’s most competitive startup ecosystems.

    Are You a Celebrity Founder or a King of Control? Dream VC’s New Founder Personality Tool Offers Answers

    Are you prioritizing public image, bossing your teams, chasing valuation, or focusing on profitability? A new tool is here to help founders stay on track.

    Swvl Secures Additional $2 Million in Private Placement to Fuel US Expansion

    Under the agreed terms, investors have committed to a six-month lock-up period and restrictions on share transfers.