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    Staff Writer

    https://launchbaseafrica.com
    Updates

    Edtech Platform Abwaab Acquires Egypt’s Eduact in Bid to Consolidate Fragmented Market

    The Jordan-based group is expanding its footprint in the Arab world's most populous education market
    Updates

    What a LinkedIn Account Is Worth to South African Founders

    South Africa’s venture capital market is small, but its founders have found an unlikely way to get in front of investors.
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    Ecosystem News

    Early-Stage Investor Saviu Reports Multi-Bagger Return on Lapaire Investment After Exit

    Saviu first invested in Lapaire in 2018, participating in subsequent funding rounds and ultimately holding a 22% stake.
    Ecosystem News

    Backed by New $13M, Egypt’s Simplex is Building a Major CNC Factory in Riyadh

    CNC machines, which use pre-programmed software to automate the movement of machine tools, are crucial for modern manufacturing processes.
    Policy & Regulations Forum

    Egypt’s New ‘Free’ Tax System Leaves Startups Out in the Cold

    Egyptian founders meet with the government often about their 'precarious' state, but to what end? A new law hopes to provide an answer.
    WESTERN AFRICA

    Bento CEO’s ‘Chaotic’ Run Comes to an End Amidst Tax Allegations and Client Exodus

    This is not the first time Mr. Okubanjo’s leadership has come under scrutiny.
    Industry

    UK Backs New GSMA Innovation Fund for African AI Startups

    The fund will offer grants ranging from £100,000 to £250,000 for projects lasting 15–18 months.
    Updates

    Swedfund Backs African Infrastructure Fund in $41.6M Deal

    Africa, considered the most energy-deficient continent, is home to 75 per cent of the world’s population without electricity access
    Updates

    Who’s Next? HostAfrica Expands Its Nigerian Footprint with Another Acquisition

    This is not HostAfrica’s third foray into Nigeria.
    Policy & Regulations Forum

    US Still Wants Foreign Startup Founders and VCs under Parole Visa, But at New Fees

    For venture capitalists or government funders looking to back such entrepreneurs, the minimum investment in startups within a five-year period will increase from $633,952 to $746,571.
    Analysis & Opinions

    African Fintechs Shift Focus to Engagement as Ad Budgets Tighten

    This..."clearly shows a huge opportunity to connect with consumers through mobile apps.”
    Industry

    New $5bn Lifeline for African Renewable Energy Firms as Exchange Rates Bite

    In 2023, African cleantech firms borrowed heavily, then suddenly paused in 2024. …But a new lending honeycomb is being built once more.
    Ecosystem News

    Uber-backed Moove Deepens Latin American Push with Kovi Acquisition

    The all-share deal, the value of which was not disclosed, creates a combined entity with annualised revenue of $275 million.
    Updates

    Finimo Founders Sell Fintech Spinoff Exipay to Stitch Two Years After Launch

    Netherlands-headquartered Exipay, originally a spin-off from Mr. Büchner and Mr. Keats’ IT consulting firm, specializes in building fintech solutions.
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    Latest articles

    Updates

    Edtech Platform Abwaab Acquires Egypt’s Eduact in Bid to Consolidate Fragmented Market

    The Jordan-based group is expanding its footprint in the Arab world's most populous education market
    Updates

    What a LinkedIn Account Is Worth to South African Founders

    South Africa’s venture capital market is small, but its founders have found an unlikely way to get in front of investors.
    Ecosystem News

    IFC Eyes $4m Check in West Africa’s Gigmile as Asset-Financing Fintech Scales

    The proposed injection would form part of the company’s Series A round.
    Analysis & Opinions

    The East Is Settling Into African Tech, Quietly

    A Toyota-backed fund, an Abu Dhabi sovereign investor and a Hong Kong merchant bank sat at the centre of August's largest African-linked funding round. None of them was there by accident.

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