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    Egypt’s Octane Raises $5.2M to Plug the ‘Billions Leaking’ from Middle Eastern Fleet Fraud

    The Cairo-based fintech plans to deepen its technology stack, expand regionally, and build out fuel and maintenance infrastructure for commercial fleets.
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    Ethiopia’s Beemi Raises $1m to Kill Passive Livestreaming in Africa

    Founded by Dawit Abraham and Samuel Sisay — the creators behind Qene Games — Beemi bills itself as Ethiopia’s first gamified livestreaming platform.
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    Kuwait-backed Ekuity Capital Makes VC Move, Backing Tunisia’s €15m New Era Fund

    The Tunisian startup scene has been gaining traction in recent years, buoyed by government initiatives such as the Startup Act
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    Backed by $6.75m, Egypt’s Taager Picks GOAcommerce Founder to Spearhead Morocco Launch

    Taager, the Cairo-based social e-commerce platform, has named Moroccan startup founder Salma Ammor as Country Manager for its new Morocco office.
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    Yellow Card Acquires Brazil’s GoMoney to Secure Direct LatAm Foothold

    The acquisition of GoMoney Sociedade Prestadora de Serviços de Ativos Virtuais Ltda. converts Yellow Card’s Brazilian presence from a purely cross-border proposition into a locally regulated operation.
    Updates

    Chinese Rules, OPay and a Halted New York Listing

    A Chinese regulatory inquiry halted the Nigerian fintech's $304m New York listing hours after pricing. The rules behind it, and the ownership structure it landed on, both emerge from the filings.

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    Nine Years After Its Founding, OPay’s IPO Filing Leaves Questions Over Employee Stock Options

    A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.
    Industry

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.

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    Yellow Card Acquires Brazil’s GoMoney to Secure Direct LatAm Foothold

    The acquisition of GoMoney Sociedade Prestadora de Serviços de Ativos Virtuais Ltda. converts Yellow Card’s Brazilian presence from a purely cross-border proposition into a locally regulated operation.
    Updates

    Chinese Rules, OPay and a Halted New York Listing

    A Chinese regulatory inquiry halted the Nigerian fintech's $304m New York listing hours after pricing. The rules behind it, and the ownership structure it landed on, both emerge from the filings.
    Updates

    From Disruptors to Form-Fillers: Egypt’s Fintechs Face a New Agent Banking Reality

    Egypt's central bank has written a rulebook for banking agents. It lets banks send identity verification, account applications and card deliveries to places they have no branches. On a close reading, it allows little else.
    Updates

    Your Biggest Customer Is Also Your Biggest Risk

    Hayden Lamberti, a business coach at Grow, writes from Johannesburg, South Africa

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

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