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    Beauty Queens, Bitcoin, and Market Rigging: Inside the Scandal Rocking Africa’s Crypto Pioneer

    A former Miss South Africa, an illiquid stock scheme, and a 20-year ban: regulators have clamped down on the executive team behind Africa’s high-profile Bitcoin treasury pioneer.

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.
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    Decoding Voluntary Liquidation: Lessons from African Startup Closures

    In September 2023, African mobility startup WhereIsMyTransport opted for Creditors’ Voluntary Liquidation due to its financial inability to meet obligations. The liquidator oversaw asset realization and debt settlement, adhering to the UK Companies Act of 2006.

    Silent Exit: Egyptian Fintech Cassbana Shuttered Operations After Losing $2M Funding

    Co-founders Mohamed Tarek and Mostafa Barakat have since left the company to pursue other endeavors, and Cassbana’s website is no longer active.

    Egypt’s Banque Misr Invests $114 Million in Newly Licensed Digital Bank OneBank

    The Central Bank of Egypt granted initial approval for OneBank in May, marking the completion of the first phase of the rigorous licensing process, which includes three stages.

    Octoco Group Acquires Polymorph, Expanding Tech Footprint in South Africa

    With this acquisition, Polymorph Systems joins Octoco Consulting as a sister company within the Octoco Group, both headquartered in Techno Park, Stellenbosch.

    Prembly and Peleza Merge to Form Pan-African Identity Management Powerhouse

    Kenyan identity management startup, Peleza, and US-backed digital security platform, Prembly, have announced a...

    Fuzé Investment Series: Tunisian Precision Farming Startup Seabex Joins the List

    “We are very proud to have Digital Africa by our side as we embark on our expansion plans in Africa,” said Amira Cheniour, Co-Founder and General Manager of Seabex.

    Over 30 Foreign VCs Want to Run Morocco’s $150M Startup Fund

     The Mohammed VI Investment Fund (FM6I) has received an overwhelming response to its call...

    Egypt’s EXITS MENA Expands to Saudi Arabia, Eyes $1.07B Fund

    EXITS MENA, a leading fintech advisory and arrangement firm for startups and SMEs in...

    Copia Kenya Joins Parent Company in Liquidation, Leaving E-commerce Dreams Void

    The company raised over $100 million in funding while it existed.

    Kenya’s Farm to Feed Secures New Funding to Combat Food Waste in Sub-Saharan Africa

     CityBlue Hotels, a prominent African hospitality chain, has announced a significant investment in Kenyan...

    edVentures Invests $400K in Egyptian Online Education Platform Elkheta

    edVentures, the Middle East’s first venture capital firm specializing in educational technology, has announced...

    Renew Capital Investment Series: South Africa’s Pumpkn to Boost Agri-SME Funding 

    Pumpkn, a South African agritech startup aiming to bridge the funding gap in the...

    Latest articles

    Beauty Queens, Bitcoin, and Market Rigging: Inside the Scandal Rocking Africa’s Crypto Pioneer

    A former Miss South Africa, an illiquid stock scheme, and a 20-year ban: regulators have clamped down on the executive team behind Africa’s high-profile Bitcoin treasury pioneer.

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.

    The US Startup Controlling Nigeria’s $1.1bn Clean Energy Pipeline Just Raised $74m

    Odyssey’s deepest institutional footprint is in Nigeria.

    Four Startups, One Lead Investor: Inside Atlantica’s African AI Infrastructure Thesis

    A Lagos-based venture firm has backed four AI-native infrastructure start-ups in 18 months.