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    Ecosystem News

    Kenyan HR-Payroll Provider Workpay Raises $8.8 Million in New Funding Round

    Kenyan HR and payroll platform Workpay has recently raised $8.8 million in a new funding round, Launch Base Africa has learned. This substantial investment underscores the growing confidence in Workpay’s innovative solutions designed to streamline workforce management across the continent. While the specific investors...

    Tax Breaks, Funding: Inside the New Startup Act in Ivory Coast 

    Signed into law by President Alassane Ouattara on January 22, 2024, this new Startup Act in Ivory Coast marks a new era for tech entrepreneurship in the country.

    Is HostAfrica Eating Africa’s Web Hosting Industry Alive? The Buyout Blitz Continues

    In a strategic move to strengthen its presence in Nigeria, HostAfrica has announced the...

    Mirepa Invests in Agritech True Moringa to Boost Organic Skincare Production in Ghana

    Mirepa Investment Advisors Ltd. has announced a strategic investment in MoringaConnect Inc, known commercially...

    Fintech Firm dLocal Pivots to Kenya as Nigerian Market Falters

    In a strategic move amidst shifting fortunes across the African continent, dLocal, the Uruguayan...
    Analysis & Opinion

    Djamo vs. Carbon Cards: Unraveling the Debit Card Dilemma for Nigerian Fintech Startups

    Last week, the Nigerian fintech Carbon announced the discontinuation of its debit card operations, effective June 19th. The move, initially disclosed via email to cardholders, raised questions about the reasons behind the decision and the broader implications for the Nigerian fintech ecosystem. Carbon’s CEO, Chijioke...

    Inside the Banking Shakeup in Ethiopia: What’s in Store for Fintech?

    Using international banks in Ethiopia helps fintech companies meet the 50 million birr ($869K) capital requirement more easily.

    One Week, One Trouble: Why Are E-hailing Startups in Unending Battles With Governments Across Africa?

    In Ivory Coast, N’Cho, a middle-aged driver for the ride-hailing platform Yango, has been informed that he must now display a conspicuous insignia on his red Toyota Corolla, clearly marking it as a Yango vehicle.

    African Tech Talent: How Much Do Developers Earn in Top Startup Hubs?

    A new report by Startup Genome has shed light on both the ranking of...

    Kenya Hit by New Wave of High-Profile Startup Shutdowns

    The young startup scene in Kenya has been locked in a brutal battle against...

    Partner Content

    ASEP 2024: Applications Open for Algerian Startups to Explore Global Tech Hubs for Free

    The Algerian Ministry of Knowledge Economy, Startups and Micro-entreprises has officially launched the International Visits Program for Algerian Startups (ASEP 2024), an initiative designed to bolster the growth and global reach of the country’s burgeoning startup scene. Unveiled by President Abdelmadjid Tebboune during the opening...

    Open Startup Opens Applications for OST Support Program for Senegalese, Tunisian, and Moroccan Startups

    Open Startup (OST) is a non-governmental organization dedicated to fostering innovation through entrepreneurship, education,...

    Tunisian Startups Secure 50 Deals Through Orange Fab Accelerator Program

    Orange Tunisia continues to actively support Tunisian startups through its comprehensive program, from guidance...

    Applications Open for NINJA Accelerator Program in Ethiopia

    Renew Capital, in collaboration with the Ministry of Innovation and Technology (MInT) of Ethiopia...

    Wizall Money: The Corporate-Backed Moroccan Fintech Heats Up Competition to Displace Ivory Coast’s Djamo

     Wizall Money, a subsidiary of Moroccan banking giant Banque Centrale Populaire (BCP), is making...

    Governance, Policy & Regulations Forum

    Tax Breaks, Funding: Inside the New Startup Act in Ivory Coast 

    Signed into law by President Alassane Ouattara on January 22, 2024, this new Startup Act in Ivory Coast marks a new era for tech entrepreneurship in the country.

    Economic Upset: Cameroon, Mauritania Outperform Oil-Rich Nigeria in Wealth per Person

    In an unexpected turn of events, the International Monetary Fund (IMF) has revealed that...

    Nigerian Financial Watchdog Warns of Elaborate Wire Transfer Scams

    The Nigerian Financial Intelligence Unit (NFIU) has issued a comprehensive advisory warning of a...

    Senegal to Implement 18% Tax on Foreign Digital Services from July 1st

    The value-added tax (VAT) on digital services in Senegal by foreign online suppliers and platforms will be implemented from July 1st, 2024.

    SEC Launches ARIP to Regulate Crypto Startups in Nigeria. Here’s How to Apply

    After months of cracking down on crypto startups, Nigeria is now extending an olive branch through the new ARIP program.

    All the Latest Articles

    ASEP 2024: Applications Open for Algerian Startups to Explore Global Tech Hubs for Free

    The Algerian Ministry of Knowledge Economy, Startups and Micro-entreprises has officially launched the International Visits Program for Algerian Startups (ASEP 2024), an initiative designed to bolster the growth and global reach of the country’s burgeoning startup scene. Unveiled by President Abdelmadjid Tebboune during the opening...

    Tax Breaks, Funding: Inside the New Startup Act in Ivory Coast 

    Signed into law by President Alassane Ouattara on January 22, 2024, this new Startup Act in Ivory Coast marks a new era for tech entrepreneurship in the country.

    Kenyan HR-Payroll Provider Workpay Raises $8.8 Million in New Funding Round

    Kenyan HR and payroll platform Workpay has recently raised $8.8 million in a new...

    Economic Upset: Cameroon, Mauritania Outperform Oil-Rich Nigeria in Wealth per Person

    In an unexpected turn of events, the International Monetary Fund (IMF) has revealed that...

    Nigerian Financial Watchdog Warns of Elaborate Wire Transfer Scams

    The Nigerian Financial Intelligence Unit (NFIU) has issued a comprehensive advisory warning of a...