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    EASTERN AFRICA

    EASTERN AFRICA

    Kenya’s Mawingu Secures $15M to Acquire Habari for East African Expansion

    The acquisition of Habari is part of Mawingu’s broader buy-and-build strategy to scale its footprint in East Africa.
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    CENTRAL AFRICA

    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.
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    EASTERN AFRICA

    Kenya’s Mobius Motors Clears Short-Term Debts, Positions for Potential Resurgence

    The debt-free short-term position, combined with a recent acquisition bid, signals a potential turnaround year for Mobius as it seeks a path to long-term sustainability.
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    Ecosystem News

    Kenya’s Eneza and Pakistan’s Knowledge Platform Form Singapore-Headquartered Edtech Merger

    The new entity will work closely with partners across Africa and Asia to further develop digital educational tools, including games, interactive learning sessions, and AI-powered adaptive technologies.
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    Morocco’s Done.ma Raised $2M to Challenge Glovo. Now It Faces Bankruptcy Speculation

    The Rabat-based super app's mobile application is unavailable and the company has not communicated publicly for several days.
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    AI-First Telcos Will Lead the Race in Africa

    Author: Kitso Lemo, Associate Director, TMT Practice at Boston Consulting Group (BCG)

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    ‘Timing Is Critical’: How a Pandemic Almost Killed Weego and Accidentally Built Its B2B Engine

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    Ghana Bans Local Financial Institutions From Backing Crypto-Linked Dollar Accounts

    For IMTOs, the July 31 deadline is final.
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    Ex-ZOLA and Fenix Exec Closes First Dedicated Climate Tech Fund for Southern Africa

    The Southern Africa-focused climate tech investor has closed its first fund, backing ten companies across e-mobility, circular economy and energy access
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    Africa’s Electric Mobility Pioneers Turn to Operators in Race for Profitability

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