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    Ecosystem News

    Egyptian Fintech Cassbana ‘Restarting’ Operations After a Tumultuous Pause

    The Egyptian fintech is attempting a restart after two co-founders left.

    Contrarian VC P1 Ventures Raises $50m to Back Next-Gen African Startups

    This announcement follows a year of significant momentum for P1, highlighted by its largest investment to date: a co-investment alongside Accel in Nuitee, a Moroccan AI-powered hotel booking platform, which raised a $48m Series A round.

    Moroccan AI Spin-off ToumAI Secures $1 Million in Pre-Seed Funding

    Yousef Rahmani, who holds a Ph.D. in Law from the University of Oxford, co-founded ToumAI Analytics in 2020.

    Trump’s Foreign Policy Shift Shutters Prosper Africa, a Key Deal Maker for African Startups. What’s Next?

    Prosper Africa partnered with initiatives like Future Africa’s Accelerate Africa (A2) program, which prepares early-stage African founders for global scaling.
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    60-Second Loans, 4-Year Refunds: The Digital Illusion Inside Kenya’s $9.3bn Sacco Sector

    Savings co-ops now manage $9.3bn for nearly 8 million members, but behind the shiny USSD menus lies a system where automated debt collection masks a total breakdown in back-office accountability.

    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.

    Cairo’s BPO Ecosystem Opens a New Front for Transatlantic Dealmaking

    While greenfield setups remain the main vehicle for corporate expansion in Egypt's tech export sector, cross-border M&A is emerging as an alternative for North American buyers seeking rapid scale.

    Is Talent Export the New Impact Thesis? Daniel Yu’s $100M Fund Makes Its First Bet

    Move signals fund's focus on labour migration as a pathway out of poverty.

    Latest articles

    60-Second Loans, 4-Year Refunds: The Digital Illusion Inside Kenya’s $9.3bn Sacco Sector

    Savings co-ops now manage $9.3bn for nearly 8 million members, but behind the shiny USSD menus lies a system where automated debt collection masks a total breakdown in back-office accountability.

    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.

    The Local Airbnb Rival That Held Off the Giant: South Africa’s LekkeSlaap Bought by Banking Royalty

    17 years after starting TravelGround on a shoestring budget, UCT co-founders bow out to a high-profile investor syndicate.

    4x More Mobile Wallets Than Bank Accounts: PawaPay Wins PSP Licence in Mozambique

    PawaPay, a pan-African mobile money payments aggregator, has been granted a Payment Service Provider...