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    UNDP Timbuktoo Accelerator Targets African Clean Energy Startups in New Funding Round

    The GreenTech Energy Accelerator, part of the broader Timbuktoo initiative, invites applications from African innovators who are developing groundbreaking technologies in renewable energy generation, storage, and efficiency.
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    Glovo Brings Barcelona’s Startup Lab Experience to Moroccan Founders

    Glovo has invested over 200 million dirhams ($20M) in Morocco since 2018 and continues to expand beyond food delivery into quick commerce.
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    Pan-African Fintech Giant M-KOPA Hits 5 Million Customers, Disburses $1.5 Billion

    Notably, the company added 2 million customers in the past 15 months alone, reflecting rapid expansion across its key markets.
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    Egypt’s SYMPL Records Strong Profit Surge, Eyes African Expansion

    SYMPL now operates in more than 2,000 points of sale across Egypt, with over 800 merchants contracted to use its platform. The company’s active customer base has swelled to more than 85,000, out of a total of 240,000 registered users since its inception.
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    Nearly 80% of African Startup Funding in May Was Debt

    A month without a single equity round above $10m also raises questions.
    Analysis & Opinions

    The Elite Funnel: Why African Tech’s New Financing Mix Signals a Hollowing of the Core

    Priced equity rounds from US and Gulf venture capital have all but vanished.

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    Hard Talks

    From Profitability to $10M ARR: How Prembly Cracked Africa’s Identity Infrastructure

    "We’re processing around seven million unique verifications per month, up from 4.7 million."
    Partner Content

    Fintech Unicorn dLocal Bets on the Middle East as Africa’s Turbulence Refuses to Settle

    This reversal of fortune is stark.

    Latest articles

    Updates

    Nearly 80% of African Startup Funding in May Was Debt

    A month without a single equity round above $10m also raises questions.
    Analysis & Opinions

    The Elite Funnel: Why African Tech’s New Financing Mix Signals a Hollowing of the Core

    Priced equity rounds from US and Gulf venture capital have all but vanished.
    Updates

    NALA Secures up to $50M Credit Facility From MUFG-Backed Liquidity to Pre-Fund Stablecoin Payment Corridors

    "At some point our business was more than doubling every other quarter, we grew faster than we could handle pre-funding for single-direction payments and everything broke."
    Partner Content

    South African Fintech Flagship Yoco Buys Restaurant Software Platform Dyner.ai

    The South African payments group is bolting on an AI-native operating system for restaurants, while a new European CEO prepares to take the helm.

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

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