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    Governance, Policy & Regulations Forum

    Heritage Bank Collapse: Nigerian Fintechs Scramble for Customer Trust, NDIC Safety Net Leaves Some Exposed

    In the wake of the Heritage Bank crisis, fintechs are grappling with the challenge of rebuilding customer trust. While those covered by the NDIC can leverage this as a selling point, others must find alternative ways to demonstrate their commitment to financial security.

    Tax Breaks, Funding: Inside the New Startup Act in Ivory Coast 

    Signed into law by President Alassane Ouattara on January 22, 2024, this new Startup Act in Ivory Coast marks a new era for tech entrepreneurship in the country.

    Economic Upset: Cameroon, Mauritania Outperform Oil-Rich Nigeria in Wealth per Person

    In an unexpected turn of events, the International Monetary Fund (IMF) has revealed that...

    Nigerian Financial Watchdog Warns of Elaborate Wire Transfer Scams

    The Nigerian Financial Intelligence Unit (NFIU) has issued a comprehensive advisory warning of a...
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    African Tech Startups: The Ups and Downs of AfDB’s Venture Capital Portfolio

    The Alitheia IDF Fund, for instance, saw its carrying value increase from $4.2 million in 2022 to $5.1 million in 2023, indicating successful investments and positive performance.

    IFC Raises New Funding to Back Women-Led Startups in Africa via SheWinsAfrica Initiative

    The SheWinsAfrica initiative welcomes applications from women-led startups across all sectors in Sub-Saharan Africa. To be eligible, startups must have at least one female founder.

    Changelabs Launches First MENA Fintech Accelerator in Egypt, Backed by $100M Fund

    Applications are now open for the Fintech for a Future Accelerator, which seeks to identify and scale promising fintech startups.

    Two Years After Acquisition, Retail Capital’s Founder Is Now CEO of TymeBank

    TymeBank has announced the appointment of Karl Westvig as its new Chief Executive Officer (CEO), effective October 1. This change follows the bank’s acquisition of Retail Capital two years ago, where Westvig was a founder. Coenraad Jonker, the current CEO, will transition to focus...

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    African Tech Startups: The Ups and Downs of AfDB’s Venture Capital Portfolio

    The Alitheia IDF Fund, for instance, saw its carrying value increase from $4.2 million in 2022 to $5.1 million in 2023, indicating successful investments and positive performance.

    IFC Raises New Funding to Back Women-Led Startups in Africa via SheWinsAfrica Initiative

    The SheWinsAfrica initiative welcomes applications from women-led startups across all sectors in Sub-Saharan Africa. To be eligible, startups must have at least one female founder.

    Former Kenyan Sendy Co-founder Malaika Judd Takes Helm of Ireland’s National Startup Accelerator

    The NDRC accelerator program has a proven track record of success, with alumni companies raising over €56 million in the past three years.

    BII Commits $20M to TerraPay to Boost Financial Inclusion in Africa

    “Our investment will support an increased volume of remittance transactions into Africa, by pre-funding over $1 billion worth of transactions per year. Sending money to Africa is expensive..."