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Through microfinance bank acquisition, Nigerian fintech unicorn Moniepoint growing into Kenya

Following approval from the Competition Authority of Kenya (CAK) to purchase a 78% stake in Sumac Microfinance Bank, Kenyan fintech…

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dLocal set to acquire pioneering African fintech company AZA Finance

Subject to regulatory approval, leading cross-border payment platform dLocal will acquire ground-breaking African fintech company AZA Finance, which specializes in…

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Twelve startups selected for Kenya’s third Mastercard Foundation EdTech Fellowship

The third cohort of the Mastercard Foundation EdTech Fellowship has chosen twelve Kenyan startups. The Mastercard Foundation EdTech Fellowship is…

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Nigeria’s Salpha Energy raised $1.3 M funding to scale local solar assembly

All On, a Shell-backed impact investor, has invested US $1.3 million in Nigerian startup Salpha Energy to expand its local…

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E Squared Investments provides funding to SA recycling startup Regenize

In its first venture philanthropic deal, E Squared Investments has contributed an undisclosed sum of money to Regenize, a zero-waste…

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Nigerian startup Tespire obtained funding to further health-focused research project

To expand its research project Asibiti, which attempts to tackle one of the most intricate issues in the Nigerian healthcare…

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Nigerian construction tech startup Cutstruct raised $1.5 M Seed funding

In order to support its expansion, the Nigerian construction technology startup Cutstruct has raised US $1.5 million in a seed…

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Nigerian digital lending startup Carrot raised $4.2 M Seed funding

In order to increase credit availability for African individuals and businesses, the Nigerian digital lending startup Carrot has raised US…

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