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    Final Liquidation Ordered for Copia Despite Creditor Fight Over IP Sale and Audit

    Court rejects creditor demands for forensic audit, appoints KPMG pair as liquidators despite objections over transparency.

    ‘Markets Dictate Success, Not Founders’: How TLCOM Is Adapting to Africa’s VC Realignment

    Cyril Shonibare, Principal at TLCOM—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.
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    Prolific African Investor BCV Winds Down Activity from Current Fund

    BCV II was one of the few venture capital funds primarily focused on East Africa.

    Chinese EV Firms Summoned in South Africa Amid 150% Tax Rebate

    In 2023, South Africa’s automotive sector generated over 271 billion rand (US$20.4 billion) in exports, primarily to the European Union.

    Egypt Integrates Apple Pay and Card Encoding for a Digital Payment Revolution

    Estimates suggest that the value of POS transactions will surge to approximately EGP 640 billion by the end of 2024, reflecting a 280% increase from 2021’s EGP 169 billion.

    Morocco’s z.systems Raises $1M to Empower Traditional Retailers

    z.systems is a rapidly scaling startup dedicated to enhancing the competitiveness of Morocco’s small, independent retailers — locally known as “hanouts.”

    Germany’s KfW Backs New $25M Funding for African Cleantech Firms

    “CEI Africa’s work to promote energy access in Sub-Saharan Africa is needed now more than ever.”

    Fresh Unicorn MNT-Halan Taps UAE Expat Workers in $2.7B Monthly Market Opportunity

    MNT-Halan’s entry into the UAE comes on the heels of a $157.5 million funding round in July, led by a $40 million investment from the International Finance Corporation (IFC).

    Cracks in the Model? Credibility Crisis in Africa’s Crowdfarming Platforms Reaches Its Crescendo

    "It’s incredibly painful [not] to get your money back."

    Nigeria’s Billboxx Raises $1.6M to Resolve SMEs Cash Flow Problems at the Root

    Before co-founding Billboxx, Obaoye and Ogunjobi were instrumental in launching Fixit45, a Nigerian auto-tech startup that raised $1.9 million in pre-seed funding in 2023.

    South African AgriTech Startup Pumpkn Secures New Funding to Expand SME Financing Solutions

    This funding comes on the heels of significant backing earlier this year.

    Camco Raises $185M to Back Africa’s Renewable Energy Ventures

    By focusing on distributed and small-scale solutions, REPP 2 seeks to bridge the estimated $22 billion annual funding shortfall required to meet the United Nations Sustainable Development Goal 7 (SDG7) of universal energy access.

    Will Ghana’s New Leader Deliver on $50M Fintech Fund Promise?

    “We did it for the pharmaceutical industry, and we can do it for fintech.”

    Latest articles

    Final Liquidation Ordered for Copia Despite Creditor Fight Over IP Sale and Audit

    Court rejects creditor demands for forensic audit, appoints KPMG pair as liquidators despite objections over transparency.

    ‘Markets Dictate Success, Not Founders’: How TLCOM Is Adapting to Africa’s VC Realignment

    Cyril Shonibare, Principal at TLCOM—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.

    Tunisia’s Fintech Crackdown

    Analysts expect these hurdles to favor established institutions.

    Opera Quietly Liquidates Kenyan Ad Unit Ahead of OPay’s $4B US IPO

    Opera’s fintech play in Africa extends well beyond its Kenyan operating entities.