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    Senegal’s Tech Scene Rocked by Insider Fraud as Employees Siphon Millions

    According to court documents, the accused, who had been with the company since 2019, exploited a feature in the company’s proprietary software.
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    Updates

    dLocal’s African Rollercoaster: Egypt Slumps as South Africa (and Temu) Step Up

    dLocal’s African challenges are not new. In 2024, Nigeria’s revenue collapsed by over 80% after a naira devaluation, turning a once-lucrative market into a minor contributor.
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    Updates

    First Cheque Out: Small Foundation Backs Kenyan VC FrontEnd to Ease First-Time Manager Woes

    While seasoned VCs continue to invest, aspiring first-time managers are navigating a steep and unforgiving terrain.
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    Updates

    Street Wallet Secures $350k to Connect South Africa’s Informal Traders to the Digital Economy

    Britto was previously the CFO at the UK startup Syft, where he played a key role in its £78m sale to the job site Indeed in 2019.
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    Zipline Chases US Scale With Fresh $200M as Sovereign Debt Strains African Network

    Zipline's foundational public health operations in Africa are showing severe strain under the weight of unpaid government contracts.
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    The Five Countries Capturing 90% of Africa’s AI Funding

    Analyzing the five markets reveals three cross-cutting insights.

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    Moniepoint Rides Wave of Nigerian Fintech Consolidation as Venture Funding Retreats

    While Orda currently operates in Nigeria and Kenya, this acquisition only covers its Nigerian operations, leaving the future of its Kenyan arm undecided.
    Partner Content

    From Kiosks to Cloud: The Tech Stack That Made GoTyme Bank Africa’s First Profitable Neobank

    South African digital lender GoTyme Bank — recently rebranded from TymeBank to align with its global parent company .

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    Updates

    Zipline Chases US Scale With Fresh $200M as Sovereign Debt Strains African Network

    Zipline's foundational public health operations in Africa are showing severe strain under the weight of unpaid government contracts.
    Analysis & Opinions

    The Five Countries Capturing 90% of Africa’s AI Funding

    Analyzing the five markets reveals three cross-cutting insights.
    Partner Content

    Apis Logs $1B in Gains as iKhokha and Baobab Deals Heat Up African Fintech 

    "We engage with buyers before we invest."
    Partner Content

    Egypt’s Telda Abandons the Unbanked to Chase Egypt’s Consumer Credit Boom

    Startup backed by Sequoia Capital abandons original focus on the unbanked to build a vertically integrated financial group.

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

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