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    Policy & Regulations Forum

    “Locals Only”: Tanzania’s New Decree Shuts Out Foreign Fintechs

    The timing is particularly ironic when considering a homegrown, yet globally-minded, success story like Nala.

    Nigeria’s Shifting Tax Landscape: Free Zone Companies and Startups Caught in Crossfire

    For companies operating in Nigeria’s free zones, these changes are a bitter pill to swallow.

    Building from Scratch: The ‘Ecosystem Debt’ Swallowing African Startups

    When a founder has to build the roads, install the plumbing, and write the laws before they can even open their shop, the standard metrics of growth and burn rate become dangerously misleading.

    GENIUS Act: “America is catching up to Africa on stablecoins” — Yellow Card’s Gillian Darko on Regulation, B2B Pivot 

    We started with a consumer product and have now transitioned to B2B, which has generated a lot of traction.
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    Africa’s Startup M&A Enters a Harder, More Disciplined Phase

    One year after a record wave of buyouts, the deals look different

    Does Africa’s Founder-CEO Exit Wave Have a Nigerian Accent?

    Femi Adeyemo’s departure from Arnergy is the latest in a procession of founder handovers. The numbers suggest Nigeria is the loudest theatre in a continental shift—but not the whole story.

    Nine Years After Its Founding, OPay’s IPO Filing Leaves Questions Over Employee Stock Options

    A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.

    Latest articles

    Africa’s Startup M&A Enters a Harder, More Disciplined Phase

    One year after a record wave of buyouts, the deals look different

    Does Africa’s Founder-CEO Exit Wave Have a Nigerian Accent?

    Femi Adeyemo’s departure from Arnergy is the latest in a procession of founder handovers. The numbers suggest Nigeria is the loudest theatre in a continental shift—but not the whole story.

    Egypt’s Non-Bank Lenders Get Another Year Behind a Regulatory Moat

    For institutions that had hoped to enter the market, the window remains closed.

    Enza Capital Raises $21M to Back African AI as Venture Funding Retreats

    Pan-African venture firm reaches $21mn first close on Enza Capital III LP, betting that AI can narrow a funding gap that has left African AI rounds with a median size of just $1.9mn