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    Flourish-Backed Madica Expands into North Africa with Four New Investments

    Madica ’s move into North Africa marks a significant expansion, having previously concentrated its investments in Southern and West Africa.
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    Policy & Regulations Forum

    Keeping Deals Secret in South Africa Just Got Harder—Competition Commission Rolls Out New Rules

    One might wonder why the Commission feels the need to spell out confidentiality rules in such detail.
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    Updates

    Egypt’s Taager Raises $6.75 Million to Fuel Social Commerce Expansion in MENA

    The company’s managing director in Saudi Arabia, Mohamed Tarek, recently joined Taager after his previous venture, Egyptian fintech Cassbana, faced difficulties.
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    Updates

    Ghana-based Fintech Startup Affinity Africa Raises $8 Million Seed Round

    Led by European venture capital firms Grazia Equity and BACKED VC, the oversubscribed round signals investor appetite for solutions addressing the continent’s persistent financial inclusion challenges .
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    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.
    Updates

    Why Your Cheapest Hire Can Be the Most Costly

    Thuto Motsie CEO of Thamani, writes from Gauteng, South 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

    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.
    Updates

    Why Your Cheapest Hire Can Be the Most Costly

    Thuto Motsie CEO of Thamani, writes from Gauteng, South Africa
    Ecosystem News

    OPay Pulls $304M New York Listing After Regulatory Inquiry

    Nigerian fintech terminates underwriting agreement two days after signing, leaving its December 2027 preferred share deadline unresolved
    Updates

    Kenafric Tests the Corporate VC Playbook for African Consumer Startups with $10M Fund

    Kenafric Group, the Kenyan consumer goods manufacturer whose brands range from chewing gum to...

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