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    Healthleap Secures $38M to Scale AI That Flags Overlooked Hospital Conditions

    South African-founded start-up's technology mines clinical notes for signs of malnutrition and delirium, betting that earlier detection can cut costs and improve outcomes

    EBRD Backs Nigerian Grid-Tech Startup Beacon Power Services in $20.9m Push

    At the heart of the problem is a vast metering gap. An estimated 4.7mn electricity customers remain unmetered.
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    French Impact Investor I&P Achieved 2.2x Return on Exit From Enko Education

    Investisseurs & Partenaires (I&P) realised a 2.2-fold return following its exit from pan-African education network Enko Education, the firm disclosed to Launch Base Africa.

    New Payment Rails for Africa? Circle’s $100bn Stablecoin Network Attracts Continent’s Top Fintech Players

    Africa remains one of the most expensive regions in the world to send and receive money, with remittance fees averaging nearly 8%.

    IFC Backs Lendable With $45M to Fuel Fintech Lending in Africa

    The new fund follows Lendable’s 2023 close of its first MSME Fintech Credit Fund at $110 million, exceeding its $100 million target.

    Acquisitions and a Large Warchest of Capital: Inside the Playbook of Cameroonian Edtech Enko Education

    “Our goal is to consolidate Africa’s fragmented K-12 market.”

    The Next Bangalore? Foreign Tech Firms Flock to Egypt’s Talent— But New Rules Now Apply

    “Egypt is the best place to launch operations in the region.”

    Egypt’s New Labor Law Ushers in Job Security — Just Not for Startup Founders

    Employees will now enjoy increased leave allowances, capped work hours (eight per day, 48 per week), and mandated overtime pay ranging from 35% to 100% depending on timing.

    Larger Cheques from Techstars, Yet Pullback in Africa Casts a Shadow

    This revised investment model aligns Techstars more closely with the funding terms offered by other leading global accelerators, notably Y Combinator (YC).

    Flat6Labs Expands to Morocco: What Can Startups Expect From Its New Accelerator?

    Flat6Labs is not the only player betting on Moroccan startups.

    UGFS-VC’s $17M Series A Tech Fund Reaches First Close with Backing from ANAVA

    With over 15 years of experience and 20 funds structured, UGFS-VC manages assets totaling 240 million Tunisian dinars ($80 million).

    “No Evidence of Corruption”: Twiga Foods CEO Denies Allegations of Misconduct, But Key Questions Remain

    "The current leadership and Board have not seen any evidence of corruption or personal benefit linked to this lease."

    Nigeria’s Sovereign Wealth Fund Takes a Tentative Step into Startup Territory

    The announcement comes just days after Launch Base Africa published a detailed report on the NSIA’s cautious relationship with Nigeria’s startup ecosystem.

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this week:

    Latest articles

    Healthleap Secures $38M to Scale AI That Flags Overlooked Hospital Conditions

    South African-founded start-up's technology mines clinical notes for signs of malnutrition and delirium, betting that earlier detection can cut costs and improve outcomes

    EBRD Backs Nigerian Grid-Tech Startup Beacon Power Services in $20.9m Push

    At the heart of the problem is a vast metering gap. An estimated 4.7mn electricity customers remain unmetered.

    Climate Fintech Nithio Launches $150M Debt Fund to Back Africa’s Electric Vehicle Fleets

    With capital heavily concentrated in a handful of giants, Nithio’s FUEL vehicle aims to widen the financing pipeline for charging networks and fleet operators.

    The Hidden Costs of MNT-Halan’s Mass-Market Lending Model

    Although disputed claims represent less than 3.5% of lifetime originations, one lawsuit for every 15 active borrowers highlights the legal and administrative costs of enforcing unsecured loans in high-inflation markets.