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    Egypt’s SYMPL Records Strong Profit Surge, Eyes African Expansion

    SYMPL now operates in more than 2,000 points of sale across Egypt, with over 800 merchants contracted to use its platform. The company’s active customer base has swelled to more than 85,000, out of a total of 240,000 registered users since its inception.
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    Policy & Regulations Forum

    Identity Theft on Wheels: How Bolt’s $120K Lesson in Ghana Could Change the Ride-Hailing Game in Africa

    The audit will comb through Bolt’s systems up until March 2024, with the possibility of expansion to other ride-hailing apps operating in the country.
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    Partner Content

    Algeria: Applications Now Open for ASEP 2024 Second Cohort of International Startup Visits

    The ASEP 2024 program will provide critical support to 450 startups by fully covering travel expenses such as airfare, accommodation, local transportation, and visa costs.
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    Ecosystem News

    Safaricom’s Latest $813M Health-Tech Investment Sparks Concerns for Kenyan Startups

    As Safaricom prepares to roll out the IHTS, Kenyan health-tech startups are grappling with the potential impact.
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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.
    Policy & Regulations Forum

    The Funding Desert: Why Algerian Startups Are Being Pushed Toward the Public Markets

    In a country where traditional funding channels remain limited, Algerian entrepreneurs are testing whether public markets can fuel innovation - but the path forward is far from certain

    Sponsored Posts

    Partner Content

    Jumia Hits Positive Working Capital: The Most Important Chart in African Tech

    The real story lies in what Jumia has chosen to destroy.
    Partner Content

    When a Multilateral Bank Goes Seed-Stage: Afreximbank’s Startup Gamble

    This accelerator is not a standalone experiment; it is the logical progression of a more aggressive investment strategy.

    Latest articles

    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.
    Policy & Regulations Forum

    The Funding Desert: Why Algerian Startups Are Being Pushed Toward the Public Markets

    In a country where traditional funding channels remain limited, Algerian entrepreneurs are testing whether public markets can fuel innovation - but the path forward is far from certain
    Analysis & Opinions

    The Graduation Gap: Mapping Africa’s Current High-Liquidity Post-Seed Corridors

    Approximately 5% to 21% of African seed-stage startups successfully secure Series A funding, significantly lower than the global average of roughly 33%.
    Ecosystem News

    Zambian Neobank Lupiya Raises $11.2m Series A to Expand Across Southern Africa

    Founded in 2016, Lupiya operates as a digital-first financial services provider targeting Zambia’s unbanked and underbanked populations.

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