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    NORTHERN AFRICA

    Egypt’s SETTLE Raises $2M to Automate B2B Payments and Collections

    Founded in 2023 by Mostafa Mubarak and Camille Sayour, SETTLE aims to fill a long-standing gap in Egypt’s digital economy by focusing on B2B financial operations.
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    Policy & Regulations Forum

    New Remote Visa Regime in South Africa Is Finally Here

    “The regulations for a new points-based work visa and the remote working visa are now in place. This marks the beginning of an era where we leverage global talent while maximizing local benefits.”
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    Updates

    Farid Secures New Funding to Address Children’s Mental Health in Egypt

    The core of Farid’s model lies in its emphasis on modern educational methodologies that extend beyond traditional academic learning.
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    Nigeria’s Regfyl Raises $1.1M to Tackle Fraud and Streamline Compliance for Financial Institutions

    This expansion comes on the heels of Ibidapo-Obe’s earlier success with LawPadi, a legal tech platform offering legal advice and regulatory guidance.
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    Two Shutdowns in Two Years Raise Questions Over Canada-Africa Fintech Economics

    Two Canadian fintechs built to move money between Canada and Africa have now failed within the space of two years. The pattern is unlikely to be coincidental.
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    Nigerian EV Startup MAX Secures $8m Debt to Power Pan-African Expansion

    Metro Africa Xpress (MAX), the Nigerian-born electric mobility and fintech platform, has secured $8m in debt financing from Dutch impact investor Triple Jump. The capital injection marks a significant step in the company’s transition toward an asset-backed lending model designed to scale its green...

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    78% Below Cost: The Unforgiving Math Behind Digital Health Startup Vezeeta’s Pivot to Bricks and Mortar

    The deal is the most tangible sign yet that Egypt’s best known digital health platform is pivoting towards a hybrid model at a time when the purely online playbook is struggling
    Partner Content

    Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround

    Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat

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    Two Shutdowns in Two Years Raise Questions Over Canada-Africa Fintech Economics

    Two Canadian fintechs built to move money between Canada and Africa have now failed within the space of two years. The pattern is unlikely to be coincidental.
    Updates

    Nigerian EV Startup MAX Secures $8m Debt to Power Pan-African Expansion

    Metro Africa Xpress (MAX), the Nigerian-born electric mobility and fintech platform, has secured $8m...
    Ecosystem News

    France’s Digital Africa Launches $58M Seed Fund to Back Overlooked African Tech Markets

    The pan-African initiative backed by the French development finance system is launching its first dedicated seed vehicle, targeting 30 startups across 20 countries.
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    Namibia’s Bellatrix Launches $10M Fund to Tackle Southern Africa’s ‘Capital Desert’

    The fund represents a rare equity-focused play from Namibia, a country better known for its commodities and institutional pension funds than its tech exports.

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