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    Mobility Startup Zeelo Exits South Africa, Hands Reins to Ride-Sharing Rival LULA

    Zeelo, a US-based company that launched its South African operations in 2019, has decided to exit the market to focus on its core markets in the US, UK, and Ireland.
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    Partner Content

    Egyptian Fintech ValU Banks $8.3M From Card Issuance in Just 3 Months

    ValU CEO Walid Hassouna reported that 55,000 cards have been activated, processing 250,000 transactions worth approximately 400 million Egyptian pounds ($8.3 million USD)
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    Partner Content

    Payment License: Algerian Super-App Yassir Charges into Moroccan Fintech Arena

    Yassir’s expansion in Morocco is part of a broader continental growth strategy, supported by a successful Series B funding round that raised $150 million in 2022
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    Partner Content

    Nigerian Stocks Go Mobile: NGX Invest Opens Stock Market to Everyone

    The platform’s launch is timely, coinciding with the Central Bank of Nigeria’s (CBN) recapitalization directive, which has spurred numerous offers for subscription and rights announcements by Nigerian banks.
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    DigsConnect Founder Alexandria Procter Launches $1.4M Vehicle to Back African Startups

    Procter founded DigsConnect four years ago while she was an undergraduate student at the University of Cape Town..
    Analysis & Opinions

    A 230-Angel Network, Beyond the ‘Big Four’: Inside Renew Capital’s Quiet Conquest of African VC

    While Nigeria saw the second-highest number of applicants to its Renew Venture Lab (350), it has no portfolio company there yet.

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    Partner Content

    With Gov’t Backing, Japan’s Musashi Charges East Africa’s E-Moto Boom

    Musashi, a global manufacturer with 36 sites worldwide, is known for differential assemblies and transmission gears for traditional and electric vehicles.
    Partner Content

    The $100k Oversight: How Bad Offboarding Is Costing Startups a Fortune

    When an employee leaves an organisation, most leaders focus on succession, handovers, and HR paperwork. But behind the scenes, many holes may have been created.

    Latest articles

    Updates

    DigsConnect Founder Alexandria Procter Launches $1.4M Vehicle to Back African Startups

    Procter founded DigsConnect four years ago while she was an undergraduate student at the University of Cape Town..
    Analysis & Opinions

    A 230-Angel Network, Beyond the ‘Big Four’: Inside Renew Capital’s Quiet Conquest of African VC

    While Nigeria saw the second-highest number of applicants to its Renew Venture Lab (350), it has no portfolio company there yet.
    Ecosystem News

    Africa’s Payment Maze: Are New State-Backed Rails a Map or a Trap for Fintechs?

    In the last month alone, major economic blocs in East, Southern, and West Africa have launched ambitious interoperable platforms.
    Corporate Governance Forum

    How a Paper Fortune of $2.68m Vanished for a South African VC-Backed Fintech Founder

    Last year, TLcom Capital, together with Flourish Ventures, backed South African fintech LittleFish. However, that investment ended up in court, with one of LittleFish's founders fighting for his 'life' in the company post-deal.

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

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