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    NORTHERN AFRICA

    Egypt’s Rabbit Mobility Raises $1.3M to Roll Out Electric Scooters across North Africa

    The fresh capital injection will support Rabbit Mobility’s efforts to expand its fleet and scale operations, enhancing its market presence in Egypt and setting the stage for a broader rollout across North Africa.
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    Industry

    Mobility Fintech Moove Enters Mexico City as Part of Latin America Expansion

    Moove, founded in 2020 by Ladi Delano and Jide Odunsi, initially focused on addressing the challenges of vehicle financing in African markets.
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    Latest Funding

    Singapore’s XA Network Backs African Startups in Latest Global Expansion

    Singapore-based investment network XA Network has announced its expansion into Africa with the launch...
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    Updates

    MaxAB Co-founder Departs Two Months After Landmark Merger with Wasoko

    Since co-founding MaxAB in 2018, Ben Halim has been instrumental in steering the company’s growth across Egypt and Morocco
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    Out of the Ashes: Swvl’s Rebound Gives VNV Global Its Largest Q3 Gain

    The Egyptian-founded, Nasdaq-listed mass-transit group delivered VNV's largest fair-value boost in the third quarter—a rare bright spot in a portfolio otherwise marked down by private-market multiple compression.
    Analysis & Opinions

    Circle, Tether, and Ripple: Three Scrambles for Africa’s Stablecoin Plumbing

    Within three weeks, two of the world's largest stablecoin groups bought into the same African payments company.

    Sponsored Posts

    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.
    Industry

    Two Exits in Six Years: Dan Kleinbaum’s GTXN Acquired by Luno

    Deal gives the crypto exchange an owned settlement layer across developed–emerging market corridors - but proposed South African rules may restrict the very activity it enables.

    Latest articles

    Updates

    Out of the Ashes: Swvl’s Rebound Gives VNV Global Its Largest Q3 Gain

    The Egyptian-founded, Nasdaq-listed mass-transit group delivered VNV's largest fair-value boost in the third quarter—a rare bright spot in a portfolio otherwise marked down by private-market multiple compression.
    Analysis & Opinions

    Circle, Tether, and Ripple: Three Scrambles for Africa’s Stablecoin Plumbing

    Within three weeks, two of the world's largest stablecoin groups bought into the same African payments company.
    Industry

    MNT-Halan’s Dutch Parent Cements Control With $71Mn Post-IPO Capital Injection

    The move follows MNT-Halan’s highly anticipated float on the Egyptian Exchange (EGX) on October 20, which was the country’s largest IPO in dollar terms since at least 2021.
    Updates

    ‘The Harder Problem Starts After the Transfer’: LemFi Founder on Expanding into Credit and Savings

    Cross-border payments start-up bets that the harder problem for migrant customers begins after the money has been sent.

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