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    Cautious Capital Returns to African Stablecoin Startups After Crypto Market Shakeout

    This renewed investor appetite arrives after a period of significant contraction and retrenchment within the African cryptocurrency startup ecosystem.

    From Near-Closure to New Ownership: Kenya’s Mobius Motors Sold to Middle East Investors in Rescue Bid

    Alongside the acquisition announcement, Silver Box unveiled a leadership transition at Mobius.

    DOB Equity Hires Former Kobo360 CEO Following Tumultuous Departure

    Mugambi’s appointment at DoB Equity is part of a broader strategic shift at the investment firm, which has faced its own challenges in recent years.

    African Tech Fund Helios V Seeks $750m, Gains Backing from IFC and EIB

    Development finance institutions back Pan-African fund targeting digital infrastructure and fintech sectors.
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    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    Zero Fees vs. High Inflation: Why Cisco Is Doubling Down on Affinity Africa’s ‘Freemium’ Math

    When Affinity received its Savings and Loans license in 2022, it was the first such permit granted in over a decade.

    Africa’s Growth Problem Isn’t Capital. It’s Leadership Without Collaboration

    Africa’s future won’t be determined by how much money arrives. Ray Langa, Group CEO of Leagas Delaney, writes from Cape Town

    Latest articles

    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    A Fractured Leg, a Pregnancy, and an Empty Promise: The Human Cost of a Nigerian Fintech’s Collapse

    A Nigerian fintech raised $2.6m from marquee investors, promised its employees fair treatment, and then shut down. A Nigerian court has spent two years untangling what it left behind.

    Malagasy Infrastructure Firm Axian Targets Nigeria’s Clean Energy Market with DFI-Backed Expansion

    AXIAN’s entry is timed with the World Bank-supported DARES (Distributed Access through Renewable Energy Scale-up) program.