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    US SEC Files Heavy Fraud Charges Against Nigerian Accountants Linked to Tingo Fintech

    The charges against Oyebola follow a recent final judgment against Dozy Mmobuosi, the Nigerian entrepreneur who once led Tingo, a fintech company that claimed to revolutionize the agritech sector in Africa.
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    WESTERN AFRICA

    US Mounts Pressure on Nigeria over Detained Binance Executive Following Founder’s Release

    Nigeria’s Economic and Financial Crimes Commission (EFCC), which oversees Gambaryan’s case, has dismissed these claims as exaggerated, blocking a recent attempt to secure bail for the executive.
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    Ecosystem News

    TLcom Capital Backs Fintech LittleFish in First South African Investment

    LittleFish’s model seeks to address these shortcomings by offering banks a B2B solution that allows them to better serve the SME sector.
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    Ecosystem News

    “It’s Far Easier to Obtain Loans for Consumption Than for Startups” — South African Startup Act Movement Takes Rage to Parliament

    South Africa’s Startup Act Movement has garnered international attention and support, recently receiving a third round of undisclosed funding from the British High Commission’s UK-SA Tech Hub.
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    BII Backs Okra Solar with $7m Debt Facility to Scale Mesh-Grids in Nigeria

    British development finance institution bets that a lighter, decentralised alternative to mini-grids can help close one of the world's largest electricity access gaps - but the model's commercial viability still hinges on procurement and policy execution.
    Industry

    LemFi Turns Pillar Acquisition into £100m Capital Markets Bet

    Sixteen months after acquiring credit fintech Pillar, the FT-backed startup is swapping equity for debt markets to fund its £100m lending ambitious.

    Sponsored Posts

    Industry

    Nine Years After Its Founding, OPay’s IPO Filing Leaves Questions Over Employee Stock Options

    A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.
    Industry

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.

    Latest articles

    Updates

    BII Backs Okra Solar with $7m Debt Facility to Scale Mesh-Grids in Nigeria

    British development finance institution bets that a lighter, decentralised alternative to mini-grids can help close one of the world's largest electricity access gaps - but the model's commercial viability still hinges on procurement and policy execution.
    Industry

    LemFi Turns Pillar Acquisition into £100m Capital Markets Bet

    Sixteen months after acquiring credit fintech Pillar, the FT-backed startup is swapping equity for debt markets to fund its £100m lending ambitious.
    Ecosystem News

    African Frontier Capital’s $125M Platform Tests a Faster Route to Debt for African E-Mobility

    Multi-originator warehouse facility backed by IFC, Norfund, AfDB and SEDF aims to extend asset-backed finance beyond pay-as-you-go solar into electric vehicles and productive equipment.
    Policy & Regulations Forum

    Arson and License Revocations: UK-Backed Climate Startup nextProtein Faces Total Ruin in Tunisia

    A fatal road accident, local outcry over odours, and a burnt-out facility: Inside the regulatory and social crisis tearing apart one of North Africa’s premier green tech darlings, just months after it secured €18m with backing from British International Investment.

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