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    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.

    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.

    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.

    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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    Rooftop Solar Startup Wetility Secures $27.7m to Reach 1m South African Homes

    The transaction represents one of the largest private solar financing rounds aimed at the consumer energy segment in South Africa to date..

    Egypt’s Elsewedy Capital Takes Unlikely Leap Into Startup Investing

    Elsewedy Capital’s venture turn follows a broader trend of Egyptian corporates entering the startup funding space.

    From Dakar to Marseille: Southern France Woos African Startup Founders

    For founders considering a European expansion strategy, southern France — often overlooked in favor of Paris or Berlin — may now be worth a serious look.

    MTN’s Fintech Spinoff Could Be the Biggest Shake-Up in African Finance Yet

    With millions of users, billions in transactions, and deepening investor interest, MTN’s fintech arm is no longer a sideshow.

    Latest articles

    Rooftop Solar Startup Wetility Secures $27.7m to Reach 1m South African Homes

    The transaction represents one of the largest private solar financing rounds aimed at the consumer energy segment in South Africa to date..

    Egypt’s Elsewedy Capital Takes Unlikely Leap Into Startup Investing

    Elsewedy Capital’s venture turn follows a broader trend of Egyptian corporates entering the startup funding space.

    Cape Town AI Energy Startup Open Access Energy Raises $1.8M to Boost Electricity Trading Infrastructure

    The startup says the funding will accelerate product development and customer acquisition as it prepares to meet growing demand for flexible, decentralised energy infrastructure.

    US Data Firm Acquires Safiyo to Expand in African Consumer Insights Market

    While financial details of the acquisition were not disclosed, the integration will see Safiyo operate as part of ACKWEST’s global insight engine.