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    Ecosystem News

    Profit Over GMV: Wasoko and MaxAB Shift Focus in Landmark African E-Commerce Merger 

    The integration of their 16 subsidiaries across multiple countries involved a meticulous eight-month process, reflecting the complexities inherent in such large-scale deals.

    SA’s Omnisient Secures $7.5M to Help Banks Learn How People Spend Loan Money

    In essence, Omnisient is a company that helps financial institutions like banks and insurance companies make better decisions about who to give loans or insurance to.

    Baobab Network Expands Its Portfolio with New Investments Across Africa

    Baobab Network, a prominent venture capital firm dedicated to supporting innovative startups across Africa,...

    Egypt’s ValU Raises $22.3 Million in New Debt Financing

    ValU has revolutionized the financial services sector in Egypt by empowering millions of individuals through its buy now, pay later (BNPL) platform, U.
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    Meet the Local Heavyweights Leading Revolut’s Africa Charge

    As the $75bn fintech submits banking licence applications in South Africa and Morocco, seasoned industry veterans are taking the helm in what could prove the company's most complex expansion yet.

    Jumia’s Fintech Ambitions Remapped as JumiaPay App Transactions Collapse

    The pan-African e-commerce player's Q3 2025 results show a strategic retreat from its standalone payment app, as it doubles down on core e-commerce and its path to profitability.

    Lifestores CEO Steps Down as African Tech’s “Great Handover” Continues

    Andrew Garza’s transition from CEO at Lifestores Healthcare is the latest in a wave of founder successions at major African startups

    Latest articles

    Meet the Local Heavyweights Leading Revolut’s Africa Charge

    As the $75bn fintech submits banking licence applications in South Africa and Morocco, seasoned industry veterans are taking the helm in what could prove the company's most complex expansion yet.

    Inside Egypt’s 80-Point Plan to Win Back Its Startups

    Here is a breakdown of what’s inside the new charter and the challenges it faces.

    Germany’s develoPPP Ventures Steps Up Its Hunt for Africa’s Next Breakout Startups

    According to the programme, this model is designed to “effectively double the capital injection” without forcing founders to dilute their equity further.