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    Staff Writer

    https://launchbaseafrica.com
    Updates

    First-Time Founders Drive Nigeria’s Unicorn Boom

    Moove's $2.1bn valuation highlights the country's ability to mint billion-dollar companies without serial entrepreneurs.
    Updates

    Silverbacks Logs Massive Paper Gain as $37M Moove Bet Reaches $62M

    A Mauritius-based investment firm has made its biggest-ever bet on Africa's latest unicorn.
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    Partner Content

    Meet the 20 African Fintech Startups Joining Second Cohort of Visa Accelerator Program

    Visa announced the selection of over 20 African fintech startups for the second cohort...
    Ecosystem News

    dLocal Devastated in Nigeria: 78% Loss Sees Egypt Become Africa’s Payments King

    In a significant shift within Africa’s financial landscape, Egypt has surpassed Nigeria to become...
    Ecosystem News

    European VC Openseed Wants to Invest up to $150K in African Startups

    Maria Rotilu, a former investor with Octopus Ventures and Oxford Seed Fund, is launching...
    Ecosystem News

    Spiro Secures $50 Million Debt Financing to Expand Electric Vehicle Presence in Africa

     African electric vehicle (EV) company Spiro has signed a $50 million debt financing agreement...
    EASTERN AFRICA

    Over $100M Funding Fails to Save Copia: 1060 Jobs on the Line as Kenyan Ecommerce Startup Considers Shutdown

    In a somber announcement on May 16th, 2024, Kenyan ecommerce startup Copia notified its...
    Venture Capital & Funding Sources

    More Debt Funding for Kenyan Climate-Tech: New $95 Million Available

    Kenyan climate-focused businesses and women entrepreneurs received a funding boost this week with a...
    Corporate Governance Forum

    From Startup Founder to Prosus and Naspers CEO: Brazil’s Fabricio Bloisi Believes ‘Acting Fast’ is the New Deal

    Prosus N.V. (AEX: PRX) announced today that the Boards of Prosus and Naspers have...
    SOUTHERN AFRICA

    One Year After Launch, South Africa’s Suppple Goes on IPO in Europe

    South African technology company Suppple, founded by former GovChat CEO Eldrid Jordaan and Chief...
    Partner Content

    Meet the Female-led Startups Selected for GrindstoneX Accelerator Program

    Grindstone, a South African entrepreneurship development program, has partnered with Naspers Labs to empower...
    WESTERN AFRICA

    Nigerian Startups Get New Startup House in Bay Area — What Does it Offer?

    Nigerian startups have a new launchpad in the heart of the global tech scene....
    EASTERN AFRICA

    d.Light to Light Up Ugandan Refugee Settlements with New $3 Million Funding

    d.light, a leading provider of solar products and financing solutions for low-income households, announced...
    NORTHERN AFRICA

    Egypt’s Leading Fintech Company Fawry Records $7 Million Profit in First Quarter of 2024

    Fawry, Egypt’s foremost fintech company, has reported a significant financial upswing, recording a net...
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    Updates

    First-Time Founders Drive Nigeria’s Unicorn Boom

    Moove's $2.1bn valuation highlights the country's ability to mint billion-dollar companies without serial entrepreneurs.
    Updates

    Silverbacks Logs Massive Paper Gain as $37M Moove Bet Reaches $62M

    A Mauritius-based investment firm has made its biggest-ever bet on Africa's latest unicorn.
    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.
    Updates

    EFG Finance Takes Majority Stake in Egypt’s First Remittance Aggregator Balad

    The transaction hands control of the startup to one of Egypt’s largest financial groups.

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