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    Governance, Policy & Regulations Forum

    Governance, Policy & Regulations Forum

    WhatsApp Faces Nigeria Exit Over $220 Million Fine, Amidst Low African Revenue

    Globally, Meta generated $75.5 million in revenue during the same period, with the remaining $8.4 million coming from regions outside of North America and Europe, including Africa, Latin America, and the Middle East.
    Read more
    Governance, Policy & Regulations Forum

    Catalyst Partners Seeks Approval for Egypt’s First SPAC

    SPACs, relatively new to the Egyptian market, are shell companies that raise funds through an initial public offering (IPO) to acquire an existing company within a specific timeframe.
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    Governance, Policy & Regulations Forum

    Inside Revamped SPAC Rules in Egypt: What Pre-IPO Startups Need to Know

    Founders must retain 100% of their shares until the profitability condition is met and maintained for two fiscal years.
    Read more
    WESTERN AFRICA

    Meta, WhatsApp Hit with Record $220M Fine in Nigeria, Vow to Fight Back

    The FCCPC’s investigation, conducted jointly with the Nigeria Data Protection Commission (NDPC), found that Meta and WhatsApp engaged in abusive and invasive practices against Nigerian consumers and data subjects
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    The Hidden Limits of Flutterwave’s ‘New’ Bank

    Flutterwave has secured a microfinance bank license - but the entity it acquired raises questions about the strategic scope the company can immediately pursue.
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    Apis Logs $1B in Gains as iKhokha and Baobab Deals Heat Up African Fintech 

    "We engage with buyers before we invest."

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    The Hidden Limits of Flutterwave’s ‘New’ Bank

    Flutterwave has secured a microfinance bank license - but the entity it acquired raises questions about the strategic scope the company can immediately pursue.
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    Egyptian Covid-Era Biotech Reme-D Lands New Backing to Tackle Africa’s Diagnostic Crisis

    The Cairo-based startup will use the investment to scale its cold-chain-independent PCR testing kits across Africa and the Middle East.
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    Optasia’s Growth Is Coming From Where Few Investors Are Looking

    The Dubai-headquartered lending platform's most revealing growth story is not in Africa's largest markets.
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    Morocco’s Hanout Wars: Three Startups, $10m, and One Corner Shop

    In Morocco, three startups are all targeting the same 126,000 independent retailers. Backed by Morocco's largest bank, its royal family holding company, and a South African insurer, the race is now about who locks in the merchant first.

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

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