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    Ecosystem News

    Nigeria’s Central Bank Lifts Suspension on New Accounts for OPay, Kuda Bank

     The Central Bank of Nigeria (CBN) has lifted its restriction on new customer onboarding...

    Britain’s First Digital Bank Unicorn, Revolut, Takes on African Remittance Startups

    London-based Revolut, the UK’s first digital bank to achieve a $1 billion valuation, is...

    African Agtech Startup Gro Intelligence, Funded by EchoVC, Crashes Despite $100M+ Investment

    Gro Intelligence, a Nairobi-founded agricultural insights platform and once a promising unicorn in the...

    Egyptian Middle Mile Logistics Innovator Ecomilez Raises Pre-Seed, Partners with Vhubs for Regional Expansion

    Ecomilez, a leading Egyptian logistics startup specializing in Middle Mile (Linehaul) solutions, has announced...
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    Egypt Salvages Startup Accelerator After USAID Collapse

    ITIDA stepped in to fund a programme that lost its US development finance backing, as 61 startups from Upper Egypt collectively attracted EGP 200 million in investment

    Breega Nets $8.5m From AfDB as Development Bank Ramps Up VC Appetite

    Both recent AfDB commitments were structured as first-loss tranches via the European Commission’s Boost Africa programme—a blended finance move designed to shield private capital from initial losses.

    Egypt’s Telda Abandons the Unbanked to Chase Egypt’s Consumer Credit Boom

    Startup backed by Sequoia Capital abandons original focus on the unbanked to build a vertically integrated financial group.

    Moniepoint Rides Wave of Nigerian Fintech Consolidation as Venture Funding Retreats

    While Orda currently operates in Nigeria and Kenya, this acquisition only covers its Nigerian operations, leaving the future of its Kenyan arm undecided.

    Latest articles

    Egypt Salvages Startup Accelerator After USAID Collapse

    ITIDA stepped in to fund a programme that lost its US development finance backing, as 61 startups from Upper Egypt collectively attracted EGP 200 million in investment

    Breega Nets $8.5m From AfDB as Development Bank Ramps Up VC Appetite

    Both recent AfDB commitments were structured as first-loss tranches via the European Commission’s Boost Africa programme—a blended finance move designed to shield private capital from initial losses.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs

    A policy push in Accra is reshaping who finances growth companies in West Africa.