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    Ecosystem News

    South Africa’s Lula Bags $21M to Double Down on SME Lending

    The Cape Town-based fintech has secured R340m ($21m) in local currency funding from the Dutch development bank FMO to bridge the country's massive credit gap.
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    Ecosystem News

    GoCab Secures $45M to Challenge Moove in the Race for Africa’s Gig-Worker Assets

    Founded in 2024 by former investment bankers Azamat Sultan and Hendrick Ketchemen, GoCab’s strategy bypasses the traditional leasing model.
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    Ecosystem News

    Koko Networks’ Lenders in Limbo as World Bank-Backed Clean Cooking Giant Collapses

    The era of carbon-subsidised clean cooking has hit a wall
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    Ecosystem News

    From Payments to Credit: Nigerian Fintech Moniepoint Deploys $720M to Corner Shops and Supermarkets

    Moniepoint asserts that businesses accessing this credit saw an average growth rate of 36%.
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    Fintech Unicorn Wave Tightens Its Grip on Senegal With a Push Into Healthcare Payments

    The move places Wave — already one of the most dominant financial technology players in francophone Africa — at the centre of another critical public service.
    Policy & Regulations Forum

    From Scale-ups to ‘Foreign Agents’: Uganda’s Fintechs Face a Regulatory Death Sentence

    Ugandans living abroad have found themselves unexpectedly classified as potential threats to the state.

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    78% Below Cost: The Unforgiving Math Behind Digital Health Startup Vezeeta’s Pivot to Bricks and Mortar

    The deal is the most tangible sign yet that Egypt’s best known digital health platform is pivoting towards a hybrid model at a time when the purely online playbook is struggling
    Partner Content

    Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround

    Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat

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    Updates

    Fintech Unicorn Wave Tightens Its Grip on Senegal With a Push Into Healthcare Payments

    The move places Wave — already one of the most dominant financial technology players in francophone Africa — at the centre of another critical public service.
    Policy & Regulations Forum

    From Scale-ups to ‘Foreign Agents’: Uganda’s Fintechs Face a Regulatory Death Sentence

    Ugandans living abroad have found themselves unexpectedly classified as potential threats to the state.
    Updates

    From Mini-Grids to Solar Homes: FEI Expands Its Mandate With $750m Target

    Currently operating with roughly $361m in assets under management (AUM), the fund has already deployed $482m across 25 African countries.
    Ecosystem News

    Ghana-Founded Insurtech Pioneer Bima to be Acquired in $119m Digital Health Roll-Up

    Bima, the insurtech startup that began as a micro-insurance pilot in Ghana and scaled to reach millions across emerging markets.

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