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    EASTERN AFRICA

    “No Evidence of Corruption”: Twiga Foods CEO Denies Allegations of Misconduct, But Key Questions Remain

    "The current leadership and Board have not seen any evidence of corruption or personal benefit linked to this lease."
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    Ecosystem News

    Kenya’s Twiga Foods Buys Up Three FMCG Distributors Amid Liquidation Allegations and Leadership Turmoil

    Twiga did not disclose the value of the transactions but emphasized that the acquired distributors would retain leadership roles in the newly consolidated operation.
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    Ecosystem News

    Moniepoint Backer DPI Takes Control of Egypt’s $100M+ Fintech Fund Nclude, Launches New Pan-African Venture Capital Arm

    DPI’s foray into venture capital comes at a time of shifting fortunes for Africa’s tech sector.
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    EASTERN AFRICA

    New Insolvency Spree Sweeps Through Kenya’s Tech Scene Amid Funding Downturn

    From well-publicised insolvency proceedings to lesser-known cases, a wave of Kenya-based startups are increasingly choosing the tough route.
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    Mauritius Tightens Its Grip on Africa’s Startup Cap Tables

    Funds domiciled on the island have made a string of investments this year. The money is rarely Mauritian - and that is the point.
    Updates

    Why Your Cheapest Hire Can Be the Most Costly

    Thuto Motsie CEO of Thamani, writes from Gauteng, South Africa

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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.

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    Updates

    Mauritius Tightens Its Grip on Africa’s Startup Cap Tables

    Funds domiciled on the island have made a string of investments this year. The money is rarely Mauritian - and that is the point.
    Updates

    Why Your Cheapest Hire Can Be the Most Costly

    Thuto Motsie CEO of Thamani, writes from Gauteng, South Africa
    Ecosystem News

    OPay Pulls $304M New York Listing After Regulatory Inquiry

    Nigerian fintech terminates underwriting agreement two days after signing, leaving its December 2027 preferred share deadline unresolved
    Updates

    Kenafric Tests the Corporate VC Playbook for African Consumer Startups with $10M Fund

    Kenafric Group, the Kenyan consumer goods manufacturer whose brands range from chewing gum to...

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