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    Baobab Network Expands Its Portfolio with New Investments Across Africa

    Baobab Network, a prominent venture capital firm dedicated to supporting innovative startups across Africa,...
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    NORTHERN AFRICA

    Egypt’s ValU Raises $22.3 Million in New Debt Financing

    ValU has revolutionized the financial services sector in Egypt by empowering millions of individuals through its buy now, pay later (BNPL) platform, U.
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    WESTERN AFRICA

    Fintech Startup Rubyx Secures $1.6M to Help African Businesses Offer Automated Lending

    The Senegal-based fintech platform uses advanced algorithms to assess loan applications and automate the lending process.
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    Ecosystem News

    Now Defunct, Agritech Startup Gro Intelligence Has a Mountain of Court Cases to Climb

    For Sara Menker, who is now representing herself in court, these legal battles represent a stark contrast to the heights she once achieved as a leader of a tech unicorn.
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    Updates

    Zipline Doubles Down on US Expansion With $1.5bn Raise Ring-Fenced for American Network

    Drone delivery group's valuation nearly triples to $21.5bn as Walmart commits to 300 new sites, but capital is explicitly earmarked for US build-out while African operations rely on separate government-backed financing.
    Updates

    Why This Ex-Lantmäteriet Developer Is Building a SaaS Layer for African Property

    James Muricho says he began building a land information system in 2004 and has funded it alone since. Twenty-two years later, the Kenyan entrepreneur, who lives in Gävle in Sweden, is turning it into a service for people who buy land in Kenya, where...

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    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

    Zipline Doubles Down on US Expansion With $1.5bn Raise Ring-Fenced for American Network

    Drone delivery group's valuation nearly triples to $21.5bn as Walmart commits to 300 new sites, but capital is explicitly earmarked for US build-out while African operations rely on separate government-backed financing.
    Updates

    Why This Ex-Lantmäteriet Developer Is Building a SaaS Layer for African Property

    James Muricho says he began building a land information system in 2004 and has...
    Policy & Regulations Forum

    Nigeria’s New Stablecoin Rules: $11M, a Local Office, and a Prayer for Startups Without Bank Balance Sheets

    Central bank’s 200-page rulebook trades prohibition for licensing — and sets the bar high enough to make bankers of crypto founders.
    Updates

    Yellow Card Acquires Brazil’s GoMoney to Secure Direct LatAm Foothold

    The acquisition of GoMoney Sociedade Prestadora de Serviços de Ativos Virtuais Ltda. converts Yellow Card’s Brazilian presence from a purely cross-border proposition into a locally regulated operation.

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