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    Africa’s Patent Office Wants to Fund Startups in Francophone Africa — Here’s the $69m Plan

    Most of the fund’s backers are non-African entities, including Denmark, France, Germany, and the U.S.
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    Updates

    Two-Year-Old Egyptian Fintech Bokra Flips the VC Script With $3M Investment in Pharmacy Tech iSupply

    The iSupply deal follows Bokra’s recent 3 billion Egyptian pound ($58.9 million) sukuk issuance, the first of its kind for the fintech.
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    Digital Africa’s Fuzé Lands in Zimbabwe in Push Beyond Francophone Africa’s Startups

    The expansion follows a record year for Digital Africa, which facilitated 29 startup deals in 2024 across 18 African countries.
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    Updates

    TLG Africa Scores $75m to Help African SMEs Bounce Back — with European LPs on Board

    The fund is targeting a total raise of $200 million and is designed to address a critical financing gap faced by African SMEs, particularly those navigating challenging macroeconomic conditions.
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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:
    Updates

    South Africa’s Verascient Raises $1.2m for AI ‘Operating System’ for Businesses

    South African-founded AI infrastructure company Verascient has raised $1.2 million (R19.5 million) in an oversubscribed seed funding round, with participation from international investors including Founder Collective, Andrena Ventures, Cambridge Enterprise and Summit Ventures . The Cape Town-based startup, founded by South Africans Keagan Stokoe and Emile...

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    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.

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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:
    Updates

    South Africa’s Verascient Raises $1.2m for AI ‘Operating System’ for Businesses

    South African-founded AI infrastructure company Verascient has raised $1.2 million (R19.5 million) in an...
    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.

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