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    Jumia’s Pivot to First-Party Sales Pays Off as Brands Like Starlink and Adidas Fuel 47% Growth

    The African ecommerce company saw revenue jump 25% and says it's on track to hit breakeven by the end of 2026.
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    Updates

    Flood, a South African S-AaaS Startup, Raises $2.5m to Embed Ecommerce in Existing Apps

    The company helps telcos and banks in emerging markets turn their applications into digital marketplaces for offline merchants.
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    Updates

    SA’s TurnStay Raises $2m to Slash Africa’s Hidden Travel Payment Fees

    The round was led by the Africa-focused fintech fund First Circle Capital.
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    Updates

    South Africa’s Largest Bank Capitec Taps Fintech Mama Money to Capture Migrant Remittance Market

    This bank-fintech tie-up is a noteworthy example of embedded finance in an emerging market, where a large incumbent institution opts to integrate a specialist’s technology rather than build its own competing product.
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    CIB’s Yomo Joins Egypt’s Growing Club of Incumbent-Backed Digital Banks

    Commercial International Bank (CIB), Egypt's largest listed bank, has received preliminary approval from the Central Bank of Egypt (CBE) to launch yomo, a standalone digital bank.
    Ecosystem News

    AgDevCo Ventures Raises $49M in First Close for East African Agri-SME Fund

    The new vehicle will write $1m–$3m tickets into farming and agri-processing companies, backed by IFAD, a private lender consortium and UK development capital.

    Sponsored Posts

    Industry

    Inside dLocal’s $23.7M AZA Finance Deal: $22.8M of Customers, IP and Goodwill

    The Nasdaq-listed payments group settled its restructured Africa transaction without paying cash.
    Industry

    Post-Office Relief: US Kills BOI Rules in Stealth Win for Foreign Tech

    By dismantling beneficial ownership registers, Washington inadvertently protected foreign tech entrepreneurs from fines and privacy leaks.

    Latest articles

    Updates

    CIB’s Yomo Joins Egypt’s Growing Club of Incumbent-Backed Digital Banks

    Commercial International Bank (CIB), Egypt's largest listed bank, has received preliminary approval from the Central Bank of Egypt (CBE) to launch yomo, a standalone digital bank.
    Ecosystem News

    AgDevCo Ventures Raises $49M in First Close for East African Agri-SME Fund

    The new vehicle will write $1m–$3m tickets into farming and agri-processing companies, backed by IFAD, a private lender consortium and UK development capital.
    Updates

    High Frequency, Low Churn: The Unexpected Power Users of Cross-Border Fintech

    For most financial technology companies, the race for growth hinges on capturing the youngest, most digitally-native users. But that could be misleading.
    Analysis & Opinions

    From Wages to Fraud to Deliveries: The Pattern Behind South Africa’s Recent Startup Funding

    A run of recent funding rounds shows local venture capital gravitating toward one type of company - regardless of sector.

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

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