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    Staff Writer

    https://launchbaseafrica.com
    Updates

    Why African Fintech PalmPay Is Eyeing Hong Kong for a $1bn IPO

    Nigeria's two largest mobile payment heavyweights are both eyeing IPOs, but their target exchanges tell a story of contrasting global ambitions.
    Ecosystem News

    From Lagos Ride-Hailing to Global Robotaxis: Moove Raises $250M at $2.1B Valuation

    The valuation represents a 2.8-fold increase from the $750mn the company commanded in its $100mn Series B round led by Uber in 2024.
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    Venture Capital & Funding Sources

    Seedstars Africa Secures $42M, Targets Seed to Series A Startups

    The new fund targets investments of up to $2 million in seed and Series A rounds, with follow-on investments of up to $5 million.
    Ecosystem News

    Sonatel Backs Healthtech Eyone in $1M Round to Digitize Real-Time Medical Record Access

    Sonatel, a subsidiary of the Orange Group, has positioned itself as a key player in digital transformation across West Africa.
    NORTHERN AFRICA

    CAPSA Capital Rolls Out New $15M Fund to Back Tunisian Startups

    This $15 million fund comes at a critical juncture for the Tunisian startup ecosystem.
    Updates

    Tanzanian Fintech Startup Tunzaa Secures Funding to Accelerate Growth

    In addition to installment payments, Tunzaa incorporates gamified savings features, allowing users to set financial goals and earn rewards for meeting them.
    Partner Content

    The Battle Begins: Jumia Publishes Rare Black Friday Gains as China’s Temu Threatens Key Nigerian Market

    Despite recent gains from Black Friday events, Jumia faces mounting external pressures, particularly from Temu’s arrival in key Nigerian market.
    Updates

    Lagos-Based Ignite Power Secures $15M to Expand Solar Solutions in Africa’s C&I Sector

    Afrigreen’s investment in Ignite Power is part of a broader strategy to accelerate the adoption of renewable energy across Africa
    WESTERN AFRICA

    Plans to Leave Nigeria? Netflix Faces Pressure to Rethink Amid Film Investment Surge

    The African film and media industry is experiencing a surge in investment
    Policy & Regulations Forum

    Diaspora Dollars at the Click of a Button: Inside Egypt’s Latest Remittance Overhaul

    Egypt’s economy has long depended on its diaspora, which has ballooned to 14 million individuals — up from 2.7 million a decade ago.
    Updates

    “We Once Missed a 10x Exit Opportunity” — Ex-Zoona CEO Reflects One Year After Chipper Cash Deal

    "Having clarity on exits and stakeholders’ ambitions is critical as you scale.”
    Ecosystem News

    Cauris Finance Lands $40M to Fund Africa’s Fintech Ecosystem

    In 2023, the firm participated in a $13 million pre-Series A funding round for Ghanaian e-logistics startup Jetstream Africa, blending equity and debt to drive growth.
    Analysis & Opinions

    Big Promises, Short Lives: The Lifecycle Problem of African Corporate Venture Capital

    The recent closure of ARM Labs Lagos Techstars Accelerator is not an isolated case.
    Partner Content

    Khulisani Ventures’ $16.5M Fund Targets High-Growth Startups in South Africa — Applications Close January 2025

    The program seeks businesses generating annual revenues of R5–R8 million, with positive cash flows and strong financial reporting.
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    Latest articles

    Updates

    Why African Fintech PalmPay Is Eyeing Hong Kong for a $1bn IPO

    Nigeria's two largest mobile payment heavyweights are both eyeing IPOs, but their target exchanges tell a story of contrasting global ambitions.
    Ecosystem News

    From Lagos Ride-Hailing to Global Robotaxis: Moove Raises $250M at $2.1B Valuation

    The valuation represents a 2.8-fold increase from the $750mn the company commanded in its $100mn Series B round led by Uber in 2024.
    Updates

    Egyptian Venture Funds Hunt for Cash Returns Amid Liquidity Crunch

    Cairo-based investors pivot from portfolio mark-ups to partial divestments and trade sales to satisfy foreign limited partners.
    Ecosystem News

    Canal+ and General Catalyst Back African Payments Startup Moment in $22M Series A

    “Within three years of launch, we are processing for some of Africa’s leading brands.”

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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