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MaxAB gets an extra $15M, acquires YC-backed Moroccan startup WaystoCap

TechCrunch

Today, it has raised a $15 million extension from existing investors — RMBV, IFC, Flourish Ventures, Crystal Stream Capital, Rise Capital, Endeavour Catalyst, Beco Capital and 4DX Ventures — bringing its total Series A fundraise to $55 million. MaxAB, the Egyptian B2B food and grocery delivery startup, raises $40M for expansion.

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Sudanese fintech Bloom nabs $6.5M, backed by Y Combinator, GFC and Visa

TechCrunch

Bloom makes revenue from interest on these deposits, the interchange and other ancillary streams. In addition, Visa’s suite of products and services will provide customers with a secure and fast way to make online payments, according to Ahmed Mohey, Visa country general manager for Sudan and Libya. . Image Credits: Bloom.

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Facebook is deleting evidence of war crimes, researchers say

The Verge

On October 24th, 2020, an art trafficker in Darnah, Libya posted a series of unusual ads. Since 2014, looted antiques have been a major funding source for terrorist organizations like ISIS. Photo by Arun Sankar/AFP via Getty Images. For sale: a Greco-Roman statue, its marble bust covered in a toga.

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