More

    Staff Writer

    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.
    spot_img

    Keep exploring

    Acumen Invests $5M in d.light to Expand Clean Energy Access Across East Africa

    d.light allows customers to pay for solar products in installments, making them more affordable.

    Saudi’s Edafa Venture Capital to Inject $30M into Egyptian Startups, Eyes Kenya Next

    Edafa recently acquired a strategic stake in Taskedin, an Egyptian task management and digital workspace platform.

    Egyptian Freight Startup Nowlun Lands $1.7 Million to Streamline Logistics

    Nowlun aims to disrupt this landscape by leveraging technology to simplify and optimize freight operations

    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.

    “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.

    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.

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

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

    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.

    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.

    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.

    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.

    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.

    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.