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Weekly economic index: Nigerian banks ₦2.09 billion naira loss, MTN Nigeria's gains ₦700 billion revenue, and Mauritius new subsea cable link to Asia.

Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week

Logistics startup secures $1.9m in pre-seed round

Renda, a three-year-old Nigerian logistics startup, has secured $1.9m in pre-seed funding to enhance its technology offerings, expand to new cities across Nigeria and East Africa.

👨🏿‍🚀TechCabal Daily - Egypt greenlights its first digital bank

Nigeria's Renda raises $1.9m to Optimize Order Fulfillment for Businesses in Africa

Renda raises $1.9m to expand across Nigeria and Kenya

Renda, a Nigerian logistics startup that counts Jumia and MarketForce as top clients, has raised $1.9 million in pre-seed funding.