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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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    Kenya’s Carbon-Capture Startups Land a Share of Tencent’s $30M Climate Fund

    The presence of three Kenya-based winners across different CDR approaches in the same programme points to something beyond individual company success.
    Ecosystem News

    Inside the Room: The Five-Year Negotiation That Got Ghanaian Pensions to Back Venture Capital

    A new fund-of-funds has done something that has never been done before in Ghana — persuaded pension trustees to allocate to private equity and debt vehicles. The journey took half a decade...

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    Kenya’s Carbon-Capture Startups Land a Share of Tencent’s $30M Climate Fund

    The presence of three Kenya-based winners across different CDR approaches in the same programme points to something beyond individual company success.
    Ecosystem News

    Inside the Room: The Five-Year Negotiation That Got Ghanaian Pensions to Back Venture Capital

    A new fund-of-funds has done something that has never been done before in Ghana — persuaded pension trustees to allocate to private equity and debt vehicles. The journey took half a decade...
    Updates

    D.light Takes PAYGo Solar From Impact Funds to the London Stock Exchange

    A $50 million green bond listing marks the first time off-grid solar receivables from Africa have entered the public bond markets - and signals a structural shift in how energy access gets financed.
    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.

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

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