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MTN announces Nigeria’s largest commercial paper issuance – worth ₦127 billion

MTN Nigeria's new funding is in accordance with the company’s strategy to diversify its financing options, with the proceeds being deployed towards working capital and general corporate purposes.

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CcHub launches GoVote to educate and mobilise Nigerians elections

GoVote.ng is a platform and campaign to educate Nigerians on how to register to vote in the country’s General Elections and mobilise them to do so.

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Farmerline lands $12.9m pre-Series A funding to consolidate infrastructure

Farmerline delivers quality farm inputs and education on the best farming practices through partner agribusinesses.

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BD Insider: How the University of Johannesburg is using blockchain to fight certificate fraud

In BD Insider, Letter 110, we covered the University of Johannesburg's plan to issue blockchain-based certificates for graduates and YC’s most valuable African startups.

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CcHUB, Google presents 9 startups for Fintech Incubation Programme in Rwanda

Over the next three months, CcHUB will be supporting the 9 selected startups to achieve product stability and scalability, market readiness and investment.

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Stitch launches Linkpay to enable tokenised and secure one-click payments

With Stitch LinkPay, businesses in South Africa and Nigeria can enable users to link their financial accounts and pay securely via instant bank transfer, in seconds.

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Startup Incubators

Incubators focus on startups who have disruptive ideas. They help flesh out these ideas and provide the right environment, resources and people to make the idea blossom to a profitable business.

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Equiano lands in Lagos, set to boost internet connectivity and slash prices

Google and cable landing partner WIOCC has announced the landing of the state-of-the-art Equiano subsea cable in Lagos, Nigeria.

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Huawei partners Kenya Government to expand the country’s digital infrastructure

The partnership will see 43,000km of fibre cable rolled out to help promote connectivity through the expansion of the country's broadband infrastructure.

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African Development Bank approves €9.8m to support venture capital investments in African startups

The Board of Directors of the African Development Bank has approved an equity investment of €9.8 million to support venture capital investments in African start-ups, from seed to growth stages.

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ETAP secures $1.5 million pre-seed funding to drive car insurance penetration in Africa

ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding to grow its team and drive the adoption of much-needed car insurance across Africa.

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Uber halts operations in Tanzania, cites tough regulations

Uber has suspended its operations in Tanzania due to the tough regulatory environment in the East African country.

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