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    Ecosystem News

    PayPal Launches $100M Hunt for Acquisitions and Minority Stakes in African Fintech

    The move signals a deeper strategic push into the region for PayPal, building on its existing portfolio.

    Acumen’s $246M ‘De-Risking’ Fund Targets Africa’s Energy Frontier

    The Hardest-to-Reach (H2R) Initiative, launched at COP28, is now backed by a powerful coalition.

    Mirova’s $282M Fund Backs Kenya’s Arc Ride in First African EV Deal

    The €33bn asset manager's Gigaton Fund has committed up to $10m in debt to the Kenyan e-mobility startup to scale its battery-swapping network.

    Is This the End of Big Tech’s ‘Copy-Paste’ Legal Strategy in Africa?

    This outcome is being seen as a watershed moment.
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    Shoprite Joins South Africa’s Corporate Scramble for a Fintech Edge

    Standard Bank’s research found that eight out of 10 businesses in the informal sector are unregistered, making access to finance for expansion nearly impossible

    Strategy vs. Execution: The Critical Diagnostic Leaders Miss Before Pivoting

    Before business leaders throw out a strategy that is not delivering, they should ask a more uncomfortable question. James Hughes, a business coach at Grow, writes from Cape Town, South Africa.

    ANKA Splits B2B and Consumer Arms as New Owner Attempts Post-Insolvency Comeback

    Global Shop Group restores the Afrikrea consumer brand as it navigates parent company liquidation, founder exits, and a 537,000-user data leak.

    Swvl Lands Sawiris Family Backing in $13M Push for U.S. Expansion

    Cairo-born mobility group secures $13m from Sawiris family vehicle as it tries to convert a fragile turnaround into American growth.

    Latest articles

    Shoprite Joins South Africa’s Corporate Scramble for a Fintech Edge

    Standard Bank’s research found that eight out of 10 businesses in the informal sector are unregistered, making access to finance for expansion nearly impossible

    Strategy vs. Execution: The Critical Diagnostic Leaders Miss Before Pivoting

    Before business leaders throw out a strategy that is not delivering, they should ask a more uncomfortable question. James Hughes, a business coach at Grow, writes from Cape Town, South Africa.

    Kylian Mbappé-Backed Healthtech Unicorn Alan Makes First African Acquisition

    Tanel will be rebranded under the Alan name.

    Uber to Exit Nigeria After 12 Years Despite $100M Bet on Vehicle Financier Moove

    Silicon Valley ride-hailing giant winds down West African operations as macroeconomic pressures and state-backed competitors squeeze margins.