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    Ex-Expensya Staff Back Thunder Code in $9m Seed Round to Bring AI Agents to Software Testing

    The idea behind Thunder Code emerged while Jouini was serving as CTO at Medius, overseeing integration across six acquired software companies.
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    Updates

    Bad Reporting Is Killing African Startups’ Funding Chances. Egypt’s VCs Have a Fix

    Under the new system, startups will now report a uniform set of metrics.
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    Updates

    Partech’s €280M Africa Fund Goes to Work: Four Deals in May Signal Aggressive Bet on Continent

    Partech’s reach now spans West, North, East, and Southern Africa. The firm recently opened a new office in Lagos, joining existing locations in Dakar, Nairobi, and Dubai.
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    Updates

    Nigeria’s Medsaf Quietly Shut Down in 2024 After Raising $2M to Digitise the Pharmaceutical Supply Chain

    Medsaf’s Delaware corporation is still undergoing formal wind-down procedures, while its Nigerian entity remains dormant.
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    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.
    Ecosystem News

    Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs

    A policy push in Accra is reshaping who finances growth companies in West Africa.

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    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.
    Partner Content

    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.

    Latest articles

    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.
    Ecosystem News

    Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs

    A policy push in Accra is reshaping who finances growth companies in West Africa.
    Partner Content

    SafeBoda Pivots to Corporate Clients as Kampala’s Regulatory Crackdown Threatens Its Ride-Hailing Core

    This latest pivot suggests the company may be approaching the limits of its ability to absorb sustained regulatory pressure.
    Updates

    Nigeria’s Digital Natives Are in Financial Distress. Tech Firms Should Be Worried.

    For the better part of a decade, Nigeria’s consumer technology sector has operated on a reassuringly straightforward demographic premise.

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