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In today's TC Daily, we discuss Nigeria's plan to tax crypto, Ex-Jumia CEO's $8 million raise for his new startup Kapu, and Aruwa Capital's $20 million fund.
The Nigeria Startup Act team has fingered the National Startup Investment Fund as a fraudulent programme seeking to steal financial data from Nigerians.
Nigeria's INEC airlifted 176,846 voter accreditation machines. MTN won a $4 billion lawsuit. South Africa begins regulation of crypto exchanges.
Kenya-based energy leasing company, Solarise Africa, has raised $33.4 million. The Facility for Energy Inclusion led the round with $21.4 million while Oikocredit and Lion’s Head’s AfricaGoGreen Fund also participated in the round. More in #TCDaily.
Duba-and-Egypt-based mobility company Swvl has closed down its Pakistan offices. After three years of operation in the country, Swvl has driven away.