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    Nigeria’s Lidya Joins Capiter in the Graveyard of African Founder-Investor Fallouts

    The company’s collapse brings a dramatic end to a venture launched in 2016 by Jumia alumni Tunde Kehinde and Ercin Eksin.
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    Ecosystem News

    Battered by Rivals, Fintech Unicorn Wave Bets $35M on a Banking Licence

    The move isn’t a surprise.
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    Updates

    South Africa’s Solar Startups Win Major Concession on $1,700 Solar Registration Fee

    Solar startups reported that customers were delaying or cancelling installations due to the high costs and complexity of the registration process.
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    Updates

    Egypt’s Regulators Double Down on Fintech, Blocking ‘Traditional’ Lenders for Another Year

    The timing of the announcement is telling. It comes just as the champions of this new, tech-first model are demonstrating their formidable financial power.
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    NALA Secures up to $50M Credit Facility From MUFG-Backed Liquidity to Pre-Fund Stablecoin Payment Corridors

    "At some point our business was more than doubling every other quarter, we grew faster than we could handle pre-funding for single-direction payments and everything broke."
    Partner Content

    South African Fintech Flagship Yoco Buys Restaurant Software Platform Dyner.ai

    The South African payments group is bolting on an AI-native operating system for restaurants, while a new European CEO prepares to take the helm.

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    Hard Talks

    From Profitability to $10M ARR: How Prembly Cracked Africa’s Identity Infrastructure

    "We’re processing around seven million unique verifications per month, up from 4.7 million."
    Partner Content

    Fintech Unicorn dLocal Bets on the Middle East as Africa’s Turbulence Refuses to Settle

    This reversal of fortune is stark.

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    Updates

    NALA Secures up to $50M Credit Facility From MUFG-Backed Liquidity to Pre-Fund Stablecoin Payment Corridors

    "At some point our business was more than doubling every other quarter, we grew faster than we could handle pre-funding for single-direction payments and everything broke."
    Partner Content

    South African Fintech Flagship Yoco Buys Restaurant Software Platform Dyner.ai

    The South African payments group is bolting on an AI-native operating system for restaurants, while a new European CEO prepares to take the helm.
    Updates

    Jumia Adds Former African Development Bank President to Board in Profitability Push

    The refresh brings the five-member supervisory board a mix of development finance heft, pan-African operational experience and capital markets discipline.
    Updates

    CDC-CI Capital Extends Startup Funding Spree With $1.2M Injection Into Ivorian Ventures

    Côte d'Ivoire's state investment arm has distributed its largest single-event startup funding package to date, extending a deployment streak that now spans two consecutive years and multiple sectors.

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

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