As usual, here are highlights of some news and stories that happened last week in the African startup ecosystem. 🍞 IMF Raises Food Security Concerns, says Fiscal Deficit will Hit 6.1% of Nigeria’s GDP 🏫 South Africa’s EdTech Startup Snapplify Launches Teacha! Marketplace for East Africa ⏩ Jumia’s venture into quick commerce could […]
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As usual, here are highlights of some news and stories that happened last week in the African startup ecosystem.

🍞 IMF Raises Food Security Concerns, says Fiscal Deficit will Hit 6.1% of Nigeria’s GDP
🏫 South Africa’s EdTech Startup Snapplify Launches Teacha! Marketplace for East Africa
⏩ Jumia’s venture into quick commerce could slow its path to profitability
🌍 Zimbabwe’s Ecommerce Company Appletree Launches ‘Take One Million African Traders Online’ Movement
📜 Lagos considers the adoption of Nigeria’s Startup Bill
⛓ Nigeria Stock Exchange plans to Use Blockchain Technology to attract Investors
🤔 Nigeria’s internet regulator releases draft to regulate Google, Facebook, TikTok and others
🎉 Fintech company Flutterwave appoints Oneal Bhambani as Chief Financial Officer
And it is a wrap. If you missed our weekly funding recap, read it here. Finally, don’t forget to share with friends.
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