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CBN approves MFS Africa’s acquisition of Capricorn Digital Limited

MFS Africa has announced that they have completed their acquisition of the Nigerian super-agent Capricorn Digital Limited (Baxi).

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Tushop raises $3M to scale community group-buying in Kenya

The funds will be deployed to grow Tushop’s team, invest in its technology to make its platform as easy to use as possible, and to further expand across Nairobi before rolling the service out to other cities in Kenya.

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Andela launches a new platform to fuel the future of customised work

The new customisable platform was purpose-built to match elite talent with jobs that fit, not just technical requirements, but personal work preferences too – 70% faster than traditional in-house recruiting.

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Cassava Technologies acquires a fibre pair on Equiano Subsea Cable

Liquid Intelligent Technologies has announced that they have acquired a fibre pair on the Equiano subsea cable.

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CredPal raises $15 million to scale buy now pay later service in Africa, set to announce partnership with Airtel

Credpal closed a bridge round financing (including equity and debts) totalling $15 million to expand Buy Now Pay Later services in Nigeria and scale across Africa.

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Moove partners Swvl to roll out electric vehicles across the MENA region and Pakistan

Moove has partnered with Swvl Inc. to scale Moove’s revenue-based vehicle financing model across the MENAP (Middle East, North Africa, and Pakistan) region, as well as expand vehicle classes to include electric buses.

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Cairo-based daily fantasy football platform Eksab raises $3M seed round, led by 4DX Ventures

Egypt’s number one integrated football gaming and content platform will scale across MENA and SSA

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Decentralised Finance

With Decentralised Finance you don’t need the permission of any central authority on how much you spend. No financial or central authority can stop, delay or block your transactions and assets.

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Apollo Agriculture secures $40m Series B funding round to drive international growth

The raise was led by Softbank Vision Fund 2, and supported by Chan Zuckerberg Initiative, Yara Growth Ventures, Endeavor Catalyst, CDC, Anthemis Exponential Ventures, Flourish Ventures, Leaps by Bayer, SBI, Breyer Capital, and TO Ventures Food.

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Defunct DevKids is now uLesson Coding School

“DevKids is now uLesson Coding School and it’s so much more than a name change,” the edtech startup stated in a tweet on March 3rd.

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How Carry1st is driving growth in Africa’s mobile gaming economy with AppFlyer’s technologies

Carry1st, one of Africa’s leading gaming publishers, has released new insights from its market data that highlights successes that have shaped their growth in the gaming sector.

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ThriveAgric raises $56.4m debt funding to accelerate pan-Africa expansion plans

The investment will enable the company to grow its 200,000+ farmer base, and expand into new African markets, including Ghana, Zambia and Kenya.

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