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    Ethiopia — First: New Licensing Wave Put Local Firms at the Forefront of Market Reforms

    A Dubai-based firm and several Ethiopian companies position for market dominance as the finance and logistics sectors open to foreign competition.
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    Yango Group Launches $20M Venture Fund to Back African Startups

    The fund will target startups from the seed stage through to Series B funding rounds.
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    In Memoriam: Bumpa Co-founder Adekunle Bakare Passes Away, Leaving a Legacy in Nigerian Tech

    Before co-founding Bumpa in 2018 alongside Kelvin Umechukwu, he had already amassed over a decade of experience in software development and technology infrastructure.
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    As Edtech Struggles in Nigeria, One Startup Banks on Its Tutor—and the International Market—for a Turnaround

    A wave of economic turmoil is hitting Nigerians—and, by extension, startups—eroding their purchasing power. In response, one startup is turning to international markets under new leadership.
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    African Startup Deal Tracker — Newest Deals

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

    Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs

    A policy push in Accra is reshaping who finances growth companies in West Africa.

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    Egypt’s Telda Abandons the Unbanked to Chase Egypt’s Consumer Credit Boom

    Startup backed by Sequoia Capital abandons original focus on the unbanked to build a vertically integrated financial group.
    Partner Content

    Moniepoint Rides Wave of Nigerian Fintech Consolidation as Venture Funding Retreats

    While Orda currently operates in Nigeria and Kenya, this acquisition only covers its Nigerian operations, leaving the future of its Kenyan arm undecided.

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    Updates

    African Startup Deal Tracker — Newest Deals

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

    Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs

    A policy push in Accra is reshaping who finances growth companies in West Africa.
    Partner Content

    SafeBoda Pivots to Corporate Clients as Kampala’s Regulatory Crackdown Threatens Its Ride-Hailing Core

    This latest pivot suggests the company may be approaching the limits of its ability to absorb sustained regulatory pressure.
    Updates

    Nigeria’s Digital Natives Are in Financial Distress. Tech Firms Should Be Worried.

    For the better part of a decade, Nigeria’s consumer technology sector has operated on a reassuringly straightforward demographic premise.

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