Staff Writer, Author at Launch Base Africa

Staff Writer

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.

August 5, 2026

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.

August 5, 2026

Keep exploring

Analysis & Opinions

Nigeria’s Auto-Tech Scene Is Quietly Battling a Co-Founder Retention Crisis

Co-founder exits are not unique to Nigeria’s auto-tech sector, but the frequency and timing of these departures are troubling.

December 2, 2024

Updates

“How Long Does It Take to Review a Licence?” — Namibians Question Cease-and-Desist Order on Starlink

Starlink’s potential entry into Namibia has generated significant interest, particularly among rural and underserved communities.

November 29, 2024

NORTHERN AFRICA

Egypt Nears $1B Fund of Funds Deal to Back Local VCs and Startups After Initial $50M Win

The fund has already backed prominent venture capital firms such as Endure Capital, which in 2022 closed its $50 million Africa-focused fund.

November 29, 2024

Ecosystem News

Digital Freight Startup MVX Shutters Amid Nigeria’s Worsening Currency Crisis

The company raised $1.3 million in seed funding in 2021 from investors.

November 29, 2024

Partner Content

Kenyan Agri-Fintech VunaPay Tops Latitude59 Pitch, Sets Sights on Europe

Estonia, home to the highest concentration of unicorns per capita in Europe, continues to play a pivotal role in global tech, with companies like Bolt and Admiral Markets active in Africa.

November 29, 2024

Updates

Namibia Orders Starlink to Halt Operations Over Licensing Issues

Starlink has applied for a telecommunications service license, according to Nghikembua, but the application remains under review.

November 28, 2024

EASTERN AFRICA

Ethiopia Picks Nigeria’s Kuramo Capital to Lead $100M Fund Targeting Startups

Kuramo Capital will serve as the general partner, overseeing the fund’s establishment and mobilizing capital to achieve a first close by 2025.

November 28, 2024

Partner Content

Ventures Platform Investor Proparco Appoints Nigerian Head to Oversee East Africa

In 2022, the agency invested $5 million in Ventures Platform, a Nigeria-based early-stage fund.

November 28, 2024

Updates

Fuzé Investment Series: Cameroun’s VerZ Joins Funding List

Fuzé by Digital Africa is an investment program designed to elevate African startups with seed-stage funding and strategic support.

November 27, 2024

Policy & Regulations Forum

Algeria Rolls Out New Digital Banking Rules: Opportunity or Over-Regulation?

It sets the framework for authorizing, structuring, and operating digital banks, offering a blend of modern ambition and vintage bureaucracy.

November 27, 2024

Analysis & Opinions

How Valuable Are ESOP Plans in African Tech? Fawry Offers a Compelling Case

For every Fawry, there are countless tech startups where ESOPs might turn into little more than unfulfilled promises.

November 27, 2024

Ecosystem News

Prolific Nigerian Tech Investor Spins Out JADA, to Train AI Talent for the Global Market

JADA's latest funding represents an important step for the startup, but it is also part of a broader strategy to establish Africa as a hub for AI expertise.

November 27, 2024