Cyril Shonibare, Principal at TLcom Capital—one of Africa’s largest early-stage VC funds—sits down with Launch Base Africa to discuss the firm’s deployment strategy, the collapse of open banking pioneer Okra, and hard-won lessons in early-stage African venture capital.
The funding highlights the increasing investor interest in circular economy models within Africa, particularly those addressing the continent’s unique.
The investment in Widebot reflects a broader trend in Saudi Arabia, as the Kingdom actively seeks to diversify its economy away from hydrocarbons under its Vision 2030 plan.
The acquisition of PaySpace — which serves over 15,000 clients, including global brands like Heineken, Coca-Cola, and Puma — fits into Deel’s broader ambition to strengthen its foothold in the payroll technology space, particularly in Africa and the Middle East.
Cyril Shonibare, Principal at TLcom Capital—one of Africa’s largest early-stage VC funds—sits down with Launch Base Africa to discuss the firm’s deployment strategy, the collapse of open banking pioneer Okra, and hard-won lessons in early-stage African venture capital.
