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    Ecosystem News

    From Partner to Purchase: Why Nedbank’s $93M iKhokha Deal is a Warning Shot for Fintech Collaborators

    The answer lies in the numbers.
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    Ecosystem News

    Nedbank Acquires South African Fintech iKhokha for $92.4M in a Win for Non-Technical Founders

    iKhokha’s success story is notable as it challenges the archetype of the developer-led tech startup.
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    Ecosystem News

    South Africa’s Paymenow Secures $22.4M to Expand Earned Wage Access Across Africa

    With this deal, a wave of South African banks continue their backing for African fintech firms.
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    Ecosystem News

    Lesaka Snaps Up Michael Jordaan’s Bank Zero for $61.4M to Take On TymeBank

    The purchase of Bank Zero is the latest move in Lesaka’s aggressive expansion.
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    Egypt’s Intella Raises $12.5m to Build an AI That Truly Understands Arabic

    Intella reported that it more than doubled its revenue in 2024 and is projecting 7x growth in 2025.
    Updates

    The Elite Oxford Club Training VCs Who Deploy $444m Across Africa

    Founders backed by VCs that have received support from Boost Africa have a significantly higher success rate in follow-on funding.

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    TymeBank vs Paymenow: The Race to Own the South African Paycheck

    ​Earned Wage Access (EWA) is booming as a lifeline for cash-strapped workers. But is it a responsible solution or a new dependency cycle? Fintechs like TymeBank, Paymenow, and platform-provider Deel are betting big.
    Partner Content

    I&P Broadens Scope of African Agritech Investment to Include Six New Countries

    According to the Climate Policy Initiative, just 3% of global climate finance flowed to Africa in 2023, and less than 0.5% of that targeted early-stage tech ventures.

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    Updates

    Egypt’s Intella Raises $12.5m to Build an AI That Truly Understands Arabic

    Intella reported that it more than doubled its revenue in 2024 and is projecting 7x growth in 2025.
    Updates

    The Elite Oxford Club Training VCs Who Deploy $444m Across Africa

    Founders backed by VCs that have received support from Boost Africa have a significantly higher success rate in follow-on funding.
    Partner Content

    After Closing Its $100M Fund, Naspers Places a New $100K Bet on African Female Founders

    This new initiative arrives on the heels of a significant strategic recalibration by Naspers.
    Ecosystem News

    A Busy Month for US Investors in African Startups

    American capital was spread across fintech, e-commerce, AI, and climate infrastructure.

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

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