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Naspers Shuts Down Foundry, its $100M Fund Focused on South African Startups

Naspers, Africa’s most valuable tech company by market capitalization, has winded down the operations of its R1.4 billion (≈$100 million)…

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Flat6Labs Launches StartMashreq Entrepreneurship Program

Flat6Labs, the MENA region’s leading seed investor, has officially announced the launch of its StartMashreq entrepreneurship program. The regional program…

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A Peep Into the Components of Investor Updates

Fundraising is a serious endeavour, but the work doesn’t end once you cash the checks. In fact, it’s quite the…

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Carry1st Acquires Gebeta From Qene Games

Driving African culture to the peak of global recognition and accurate representation through gaming, Gebeta, a product of Qene Games,…

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Buyout Firm Convergence Raises $296 Million Africa Tech Fund

Convergence Partners, a leading private equity investor dedicated to the technology sector across sub-Saharan Africa, closed its Convergence Partners Digital…

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Zimbabwe’s Cashlinq Launches Banking-as-a-Service Platform for Small Businesses

Zimbabwean fintech startup Cashlinq has launched a baking-as-a-service platform to enable businesses and startups across the continent to offer superior…

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ONE Africa Digital Summit Spearheads Multi-Sectoral Conference Program at Inaugural GITEX AFRICA 2023

ONE Africa Digital Summit will lead a power-packed program of mind-stretching conference content at the inaugural GITEX AFRICA 2023 in Morocco, unifying…

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Nigeria’s Kuda Bank to Power Digital Banking Services in Pakistan

Kuda, a Nigeria-established digital banking platform, is on its way to power digital banking services in Pakistan, as the fintech…

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Fincra Receives PSSP License From the Central Bank of Nigeria

Fincra, Africa payment infrastructure company has announced that it has been granted its commercial Payment Service Solution Provider (PSSP) license…

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Sequoia Capital Cuts Fees for New Funds Amid VC Slowdown

As it prepares for a slower investment environment, Sequoia Capital has reduced management fees in its two most recent startup…

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