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This edition covers the African startup deal activity in the last two weeks of June, the launch of Airtel PSB, and Moove's continuous raising cycle. We also share verified open job opportunities in tech.
Letter 119 covers MFS Africa's $200 million Series C, MOMO transaction fee reduction in Tanzania, and Uganda's first satellite.
BD Insider, Letter 118: USSD code for eNaira, Gozem & IFC $10m fund, and Kenya's Bill to dictate who can be a "tech bro or sis".
You can't transfer more than ₦1m without an indemnity signed with your bank. Other news like Zipline in Kaduna. And Swvl's crisis-induced pause in Kenya are contained in this letter.
The Lagos state government has instructed Lagos residents to "be wary of unlicensed e-hailing cab operators within the State as they pose security threats to the safety of lives and property.”
In this newsletter, we predict how long till the CBN passes the final guideline for Open Banking in Nigeria. We also report on African deals from the previous week.
For BD Insider #114, we examined Nigeria's SEC recent crypto guidelines and Microtraction's updated deal.
For BD Insider #113, we examined the Bank of Uganda's crypto stance and Kenya's deal with Netflix.
In this letter, we covered Y Combinator's activities in Africa since 2009 and Nigeria telcos' proposal for a 40% tariff hike.
In this letter, we covered Meta's response to allegations of poor work conditions at its contractor’s hub in Kenya and Flutterwave's response to 86fb/86z allegations
BD Insider, Letter 109 covers Standard Chartered Bank's exit from seven African Markets and Google's plan to land its Equiano Cable in Nigeria this month.
BD Insider, Letter 108 covers eNaira's rank on the global index of retail CBDCs globally, DiDi's departure from South Africa and the UK's Global Talent Visa.
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