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    Africa-focused Investors Rally Round Userguest in a $2.4M Seed Raise to Help Hotels Generate Revenue

    The platform has become a critical asset for hoteliers across more than 30 countries, generating over $100 million in direct revenue since its launch.

    SA’s Talk360 Secures $1.4M in Pre-Series A to Enable Users Afford International Calls

    The platform boasts over one million cash points of sale, contributing to a 25% increase in payment conversion rates. Encouraged by these results, the company is now planning to open this payments solution to external merchants, with a potential launch before Christmas 2024.

    Morocco’s KWIKS Raises $800K to Cut Recruitment Time by Two-Thirds Using AI

    In a major boost for the Moroccan tech ecosystem, KWIKS, an artificial intelligence (AI)-driven...

    Former Personal Assistant Sentenced to 40 Years for Murder of Gokada CEO Fahim Saleh

    Haspil himself requested a life sentence without the possibility of parole, acknowledging the gravity of his crime and expressing remorse. “Unlike my counsel, I don’t think anything less than life without parole would be appropriate,” he told the judge in a quiet voice.
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    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.

    African Startup Deal Tracker — Newest Deals

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

    Zero Fees vs. High Inflation: Why Cisco Is Doubling Down on Affinity Africa’s ‘Freemium’ Math

    When Affinity received its Savings and Loans license in 2022, it was the first such permit granted in over a decade.

    Africa’s Growth Problem Isn’t Capital. It’s Leadership Without Collaboration

    Africa’s future won’t be determined by how much money arrives. Ray Langa, Group CEO of Leagas Delaney, writes from Cape Town

    Latest articles

    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.

    African Startup Deal Tracker — Newest Deals

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

    A Fractured Leg, a Pregnancy, and an Empty Promise: The Human Cost of a Nigerian Fintech’s Collapse

    A Nigerian fintech raised $2.6m from marquee investors, promised its employees fair treatment, and then shut down. A Nigerian court has spent two years untangling what it left behind.

    Malagasy Infrastructure Firm Axian Targets Nigeria’s Clean Energy Market with DFI-Backed Expansion

    AXIAN’s entry is timed with the World Bank-supported DARES (Distributed Access through Renewable Energy Scale-up) program.