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    WESTERN AFRICA

    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.
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    WESTERN AFRICA

    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.
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    Governance, Policy & Regulations Forum

    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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    Governance, Policy & Regulations Forum

    Senegal to Implement 18% Tax on Foreign Digital Services from July 1st

    The value-added tax (VAT) on digital services in Senegal by foreign online suppliers and platforms will be implemented from July 1st, 2024.
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    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month
    Policy & Regulations Forum

    JSE Reforms Listing Regime as African Exchanges Fight for Tech IPOs

    The Johannesburg Stock Exchange has overhauled its listing requirements to accommodate high-growth companies, but questions remain about whether the changes go far enough.

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    Updates

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month
    Policy & Regulations Forum

    JSE Reforms Listing Regime as African Exchanges Fight for Tech IPOs

    The Johannesburg Stock Exchange has overhauled its listing requirements to accommodate high-growth companies, but questions remain about whether the changes go far enough.
    Ecosystem News

    New Wave of Investors Targets Ghana’s Pension Billions After 5% Private Markets Mandate

    In late 2024 and throughout 2025, the National Pensions Regulatory Authority (NPRA) tightened its grip on offshore investments, effectively blocking fund managers from moving capital abroad.
    Updates

    Egypt’s NowPay Lands $20m to Launch Saudi Joint Venture

    Egyptian fintech NowPay has secured a $20m strategic investment to fuel its expansion into Saudi Arabia

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