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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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    Updates

    VestedWorld’s Rising Star Fund Nears Target with $20m Raise for African Startups

    The Rising Star Fund will focus on deploying capital into early-stage ventures across seven key African markets.
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    Industry

    Sequoia-Backed Telda Expands Market Reach with Brokerage Acquisition After Regulatory Nod

    By 2023, Telda reported 1.5 million app downloads, 500,000 active users, and processed transactions worth $300 million.
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    Updates

    Okra-backer Susa Ventures Launches $175M Seed-Stage Fund — ‘We Don’t Care Who Else Is in the Round.’

    The firm was an early investor in Andela, a company that trains software developers across the continent, and in Okra, a Nigerian open finance fintech infrastructure company.
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    Seventy-Two Hours: OPay CTO Held Zero Shares on Eve of Aborted $4bn US Listing

    Power of attorney filings and blank Form 3s trace the high-stakes final days before payment giant pulled its IPO.
    Ecosystem News

    ‘The Future Isn’t Just Grants’: How Salient’s i3 Network Brokered $19M in Deals for African Healthtech Startups

    Backed by the Gates Foundation and run by Salient Advisory, i3 is helping African healthtech startups move beyond donor-funded pilots towards commercial partnerships and sustainable scale. Senior Consultant Somto Chloe Keluo-Udeke discusses the initiative with Launch Base Africa.

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    Industry

    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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    Updates

    Seventy-Two Hours: OPay CTO Held Zero Shares on Eve of Aborted $4bn US Listing

    Power of attorney filings and blank Form 3s trace the high-stakes final days before payment giant pulled its IPO.
    Ecosystem News

    ‘The Future Isn’t Just Grants’: How Salient’s i3 Network Brokered $19M in Deals for African Healthtech Startups

    Backed by the Gates Foundation and run by Salient Advisory, i3 is helping African healthtech startups move beyond donor-funded pilots towards commercial partnerships and sustainable scale. Senior Consultant Somto Chloe Keluo-Udeke discusses the initiative with Launch Base Africa.
    Updates

    ABA Life Secures $40Mn from Admaius to Test Morocco’s Unicorn Ambitions in Sovereign Health AI

    Growth-equity deal values Casablanca-based HealthTech platform at a fraction of the billion-dollar threshold, as African healthtech funding remains subdued.
    Updates

    Mauritius Tightens Its Grip on Africa’s Startup Cap Tables

    Funds domiciled on the island have made a string of investments this year. The money is rarely Mauritian - and that is the point.

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

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