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Spiro Secures $50M Debt Funding from Afreximbank to Scale, Introduce New E-bike Models

Press Release

African Startups To Benefit From Accion's New $152.5M Fund Investing in Digital Transformation of Financial Institutions

Global nonprofit Accion announces the launch of the Accion Digital Transformation Fund (ADTx). The $152.5 million fund seeks to enable financial institutions to better meet the needs of small businesses that are currently excluded from the financial system by providing growth capital and strategic support for digital transformation. The

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UAE’s Cleantech Airwater Co. Raises Undisclosed Investment from Tau Capital to Scale

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Network services restored in Kenya and Uganda after cable repairs

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MENA

Singaporean VC Golden Gate Ventures Launches $100M Fund to Support Startups in MENA

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Fabricio Bloisi

Naspers gets new CEO, following Bob Van Dijk's resignation

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UAE-Based Keyper Secures $4 Million In Pre-Series A Round and $ $30 Million In Sukuk Financing

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Fincart Secures Funding From Plug & Play Middle East

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Flutterwave assures customers of safety after reported security breach

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Chipper Cash

Block's TBD partners with Chipper Cash to expand cross-border payments in Africa

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Zimbabwe,

Zimbabwe Reverses Ban on Mobile Money Agents to Boost New Currency

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Kucoin suspends p2p naira trading

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Access Bank,

Access Bank, Mastercard Launch Groundbreaking Cross-Border Payments Solution Across Africa

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Nigeria Set to Establish Startup House in San Francisco, USA

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Airtel,

Airtel Africa to Publicly List Mobile Money Unit in 2025

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Saudi Venture Capital Backs General Atlantic-Managed Private Equity Fund with $30M

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MENA

Dubai PropTech Startup Property Finder Closes $90M Debt Funding from Francisco Partners

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d.light Rolls Out Initiative to Provide 10K Solar Home Systems to Refugee Camps in Uganda

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Riyad Capital launches "1957 Ventures", a closed-end investment fund backed by Riyad Bank

Riyad Capital, the investment arm of Riyad Bank, has launched a closed-end investment fund named 1957 Ventures to accelerate the growth of the Saudi fintech sector, as per a recent statement. The fund, supported by Riyad Bank, has the primary goal of fostering the growth and advancement of the financial

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Rida

Rida, Indrive, other Ride-Hailing Firms to Offer Health Insurance to Drivers, Marking a Milestone in Driver Welfare Advocacy

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Tanzania,

Tanzania Cracks Down on Unlicensed Digital Lenders

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Senegalese B2B E-commerce Startup Maad Raises $3.2M for West Africa Expansion

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MENA

Saudi HRtech Qsalary and Itqan Capital Partner to Launch $80M Investment Fund

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MENA

Saudi Logistics Startup WheeKeep Secures $8M in Series A Round for Expansion

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Egyptian VC Glint Completes the First Close of its Fund II at $3M