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    WESTERN AFRICA

    Ghana’s $2bn Remittance Market Shaken by License Suspensions, Over 10 Fintechs Down

    In 2023, Ghana received US\$2.4 billion in personal remittances, which is estimated to account for about 6% of the country’s GDP. This makes Ghana the second largest recipient of remittances in sub-Saharan Africa, after Nigeria.
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    WESTERN AFRICA

    Leadership Overhaul at Leatherback: Investors Take the Helm After CEO Departure

    Zedcrest Group, through its venture arm, Zedcrest Capital, which led the $10 million pre-seed round two years ago, retains a minority interest but exercises strategic oversight.
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    SOUTHERN AFRICA

    Trading Platform Banxso Confronts South Africa’s Investment Regulator in a Rare Fiasco

    According to FSCA statements, Banxso reportedly contacted clients, implying that its FSP license had been reinstated and that it could legally resume trading activities.
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    Ecosystem News

    JumiaPay Transactions Soar Tenfold Following End of Exclusive Mastercard Deal

    The termination marks a significant shift in Jumia’s strategic direction, allowing the company greater flexibility to work with multiple financial service providers.
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    African Startup Deal Tracker — Newest Deals

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

    The Glitch in the System: Why SA Universities Are Turning Off the ‘AI Polygraph’

    “AI detectors do not know if a machine wrote a text; instead, they measure statistical signatures..."

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    Updates

    African Startup Deal Tracker — Newest Deals

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

    The Glitch in the System: Why SA Universities Are Turning Off the ‘AI Polygraph’

    “AI detectors do not know if a machine wrote a text; instead, they measure statistical signatures..."
    Updates

    New CEO, $110M Mandate: responsAbility’s Plan to Mainstream Emerging-Market Climate Finance

    responsAbility is perhaps best known in impact-investing circles for its early backing of Greenlight Planet, the off-grid solar company that rebranded as Sun King.
    Analysis & Opinions

    Pitch Decks vs. Prospectuses: The Messy Courtship of Africa’s Tech Scene and Old-Money Bourses

    From Windhoek to Lagos, stock exchanges across the continent are wooing startups with structured pipelines, listing incentives, and MOU ceremonies. The startups are mostly politely non-committal.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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