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    Ecosystem News

    Uber Explores $100 Million Investment in African Startup Moove to Bolster Vehicle Financing

    Uber Technologies Inc. is currently engaged in discussions to invest a substantial $100 million...

    Roam Secures $24M Series A Funding to Accelerate Electric Mobility Expansion in Africa

    Roam, the Kenya-based trailblazer in electric vehicle (EV) innovation in Africa, is gearing up...

    Senegal’s Logidoo Secures $1.55M Seed Funding to Revolutionize African Logistics

    Logidoo, a pioneering force in the African logistics and e-commerce sector, has proudly announced...

    Endeavor Kenya Unveils Inaugural Cohort of Entrepreneurs for ScaleUp Program

    Endeavor Kenya has announced the first cohort of entrepreneurs selected for its Endeavor ScaleUp...
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    CIB’s Yomo Joins Egypt’s Growing Club of Incumbent-Backed Digital Banks

    Commercial International Bank (CIB), Egypt's largest listed bank, has received preliminary approval from the Central Bank of Egypt (CBE) to launch yomo, a standalone digital bank.

    AgDevCo Ventures Raises $49M in First Close for East African Agri-SME Fund

    The new vehicle will write $1m–$3m tickets into farming and agri-processing companies, backed by IFAD, a private lender consortium and UK development capital.

    Inside dLocal’s $23.7M AZA Finance Deal: $22.8M of Customers, IP and Goodwill

    The Nasdaq-listed payments group settled its restructured Africa transaction without paying cash.

    Post-Office Relief: US Kills BOI Rules in Stealth Win for Foreign Tech

    By dismantling beneficial ownership registers, Washington inadvertently protected foreign tech entrepreneurs from fines and privacy leaks.

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    CIB’s Yomo Joins Egypt’s Growing Club of Incumbent-Backed Digital Banks

    Commercial International Bank (CIB), Egypt's largest listed bank, has received preliminary approval from the Central Bank of Egypt (CBE) to launch yomo, a standalone digital bank.

    AgDevCo Ventures Raises $49M in First Close for East African Agri-SME Fund

    The new vehicle will write $1m–$3m tickets into farming and agri-processing companies, backed by IFAD, a private lender consortium and UK development capital.

    High Frequency, Low Churn: The Unexpected Power Users of Cross-Border Fintech

    For most financial technology companies, the race for growth hinges on capturing the youngest, most digitally-native users. But that could be misleading.

    From Wages to Fraud to Deliveries: The Pattern Behind South Africa’s Recent Startup Funding

    A run of recent funding rounds shows local venture capital gravitating toward one type of company - regardless of sector.