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    WESTERN AFRICA

    Ecosystem News

    Nigeria Emerges as Top Revenue Contributor for dLocal in Africa, Despite Currency Challenges

    Four years following its entry into the Nigerian market, dLocal, the Uruguayan unicorn specializing...
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    WESTERN AFRICA

    Y Combinator-backed Nigerian Cleantech Startup Oolu Acquired in Landmark Deal

    In a strategic move aimed at bolstering renewable energy access across West Africa, Ignite...
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    Latest Funding

    TLG Capital Pours $3 Million into Nigeria’s BFREE to Reshape Ethical Debt Collection Practices in Africa

    TLG Capital, a leader in alternative asset management, and BFREE, specializing in ethical credit...
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    Venture Capital & Funding Sources

    Orange, the EU, and GIZ Launch $8M Funding Initiative to Back Agritech Startups in Côte d’Ivoire

    In Côte d’Ivoire, a newly launched fund of €7.6 million (USD$8 million) is set...
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    Egypt’s CIB Backs MNT-Halan With $37M Anchor Investment Ahead of IPO

    The country’s largest private bank commits EGP 2bn to the upcoming Cairo stock market listing.
    Policy & Regulations Forum

    Free Transfers, Capped Fees: Inside the Pricing Shock Facing West Africa’s $267B Mobile Money Market

    From 2 November, all electronic-money transfers in the eight-nation WAEMU bloc must run through a single central bank platform. Transfers up to 8,000 FCFA a day are free. Above that, fees are capped at 0.8 per cent.

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    Industry

    Is Talent Export the New Impact Thesis? Daniel Yu’s $100M Fund Makes Its First Bet

    Move signals fund's focus on labour migration as a pathway out of poverty.
    Industry

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.

    Latest articles

    Updates

    Egypt’s CIB Backs MNT-Halan With $37M Anchor Investment Ahead of IPO

    The country’s largest private bank commits EGP 2bn to the upcoming Cairo stock market listing.
    Policy & Regulations Forum

    Free Transfers, Capped Fees: Inside the Pricing Shock Facing West Africa’s $267B Mobile Money Market

    From 2 November, all electronic-money transfers in the eight-nation WAEMU bloc must run through a single central bank platform. Transfers up to 8,000 FCFA a day are free. Above that, fees are capped at 0.8 per cent.
    Updates

    Egyptian Unicorn MNT-Halan Closes $82M Debt Haul as Loan Book Nears $1B

    Fintech group captures nearly a quarter of Egypt's micro-lending market and expands retail credit footprint as EGP 4bn securitisation program supports growth.
    Updates

    Fresh Off Its Jordan Launch, Cairo’s Valu Lands $18M in Latest Securitisation Deal

    The transaction marks the fourth tranche executed under the company’s ongoing EGP 10 billion [$190 million] eighth securitisation framework.

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