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Kenyan president William Ruto has reversed the 2020 rule that mandates foreign companies to have at least 30% Kenyan ownership to operate in the country. More in #TCDaily.
Impact investor Goodwell Investments and Dutch foundation Oxfam Novib have teamed up to launch a new fund called Pepea. It’s worth €20 million ($21.7 million) and is targeted at early-stage startups that have been around for one to five years and are making some money, but haven’t gotten any funding…