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    LakiPay Secures Ethiopia’s Fintech License as Market Opens to ‘Friendly’ Foreign Fintechs

    Already, Ethiopia’s move to welcome foreign players in finance is drawing significant attention from the fintech sector.
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    Partner Content

    Jumia Gambles on Africa’s Secondary Cities and Advertising Austerity as Losses Persist

    E-commerce group pins hopes on secondary cities and cost cuts, but currency headwinds and dwindling liquidity cast shadow.
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    Dubai Unicorn Dubizzle Quickens IPO Drive with Egyptian Car Platform Acquisition

    Move for Hatla2ee signals ambition to dominate regional classifieds ahead of planned market listing.
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    How Startup Sumet Technologies Became a Top FMCG Player in Tanzania in Just Two Years 

    This tech-first approach has yielded impressive results, with Sumet reporting 15x growth since the second quarter of 2023 and a tripling of its team to over 70 employees.
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    First-Time Founders Drive Nigeria’s Unicorn Boom

    Moove's $2.1bn valuation highlights the country's ability to mint billion-dollar companies without serial entrepreneurs.
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    Silverbacks Logs Massive Paper Gain as $37M Moove Bet Reaches $62M

    A Mauritius-based investment firm has made its biggest-ever bet on Africa's latest unicorn.

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    Airtel Africa Picks London for $245bn Mobile Money IPO but Faces Independence Test

    Rapid growth and 56.5m users make it Africa’s hottest tech float. But privately negotiated intra-group fees threaten to cloud its standalone public valuation.
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    1M Users in 8 Years, 9M in 6: The Smartphone Pivot Driving M-KOPA’s Hypergrowth

    The group now signs up about 10,000 new customers daily.

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    Updates

    First-Time Founders Drive Nigeria’s Unicorn Boom

    Moove's $2.1bn valuation highlights the country's ability to mint billion-dollar companies without serial entrepreneurs.
    Updates

    Silverbacks Logs Massive Paper Gain as $37M Moove Bet Reaches $62M

    A Mauritius-based investment firm has made its biggest-ever bet on Africa's latest unicorn.
    Updates

    Why African Fintech PalmPay Is Eyeing Hong Kong for a $1bn IPO

    Nigeria's two largest mobile payment heavyweights are both eyeing IPOs, but their target exchanges tell a story of contrasting global ambitions.
    Updates

    EFG Finance Takes Majority Stake in Egypt’s First Remittance Aggregator Balad

    The transaction hands control of the startup to one of Egypt’s largest financial groups.

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