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    WESTERN AFRICA

    WESTERN AFRICA

    Nigeria’s Central Bank Delays Binance Executive’s Trial

    Gambaryan, a U.S. citizen and former IRS Special Agent, has been detained in Nigeria for over six months on charges of tax evasion and money laundering, despite having no decision-making authority at Binance.
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    Ecosystem News

    $455M Disgorgement: US Court Slams Nigerian Fintech Founder in Securities Fraud Ruling

    The defendants failed to respond to the complaint, leading to the Clerk of Court entering a default judgment on June 18, 2024.
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    Ecosystem News

    Kredete Secures $2.25M to Empower African Immigrants with Credit Building and Low-Cost Transfers

    Looking ahead, Kredete plans to scale its money transfer services to all African countries, expanding beyond the 20 currently available.
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    Latest Funding

    Baobab Network Expands Its Portfolio with New Investments Across Africa

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

    The Funding Desert: Why Algerian Startups Are Being Pushed Toward the Public Markets

    In a country where traditional funding channels remain limited, Algerian entrepreneurs are testing whether public markets can fuel innovation - but the path forward is far from certain

    Sponsored Posts

    Partner Content

    Jumia Hits Positive Working Capital: The Most Important Chart in African Tech

    The real story lies in what Jumia has chosen to destroy.
    Partner Content

    When a Multilateral Bank Goes Seed-Stage: Afreximbank’s Startup Gamble

    This accelerator is not a standalone experiment; it is the logical progression of a more aggressive investment strategy.

    Latest articles

    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.
    Policy & Regulations Forum

    The Funding Desert: Why Algerian Startups Are Being Pushed Toward the Public Markets

    In a country where traditional funding channels remain limited, Algerian entrepreneurs are testing whether public markets can fuel innovation - but the path forward is far from certain
    Analysis & Opinions

    The Graduation Gap: Mapping Africa’s Current High-Liquidity Post-Seed Corridors

    Approximately 5% to 21% of African seed-stage startups successfully secure Series A funding, significantly lower than the global average of roughly 33%.
    Ecosystem News

    Zambian Neobank Lupiya Raises $11.2m Series A to Expand Across Southern Africa

    Founded in 2016, Lupiya operates as a digital-first financial services provider targeting Zambia’s unbanked and underbanked populations.

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