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MFS Africa collects $100M to expand its digital payments gateway across the region

TechCrunch

Investor interest in African fintech continues to grab headlines with large fundraises. In fact, at the time, more than half of its users in East Africa reported using the platform for business reasons, according to Okoudjou. T hat changed last month when it acquired Baxi , an agent banking platform developed by Capricorn Digital.

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Dispute between founders and board leaves Capiter in arrears to employees and creditors

TechCrunch

Last month, Egyptian B2B e-commerce platform Capiter made headlines after founders Mahmoud Nouh and Ahmed Nouh were ousted by its board as CEO and COO. Egyptian startup Capiter raises $33M to expand B2B e-commerce platform across MENA. the holding company initially based in Mauritius and now in Abu Dhabi.

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