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    Staff Writer

    https://launchbaseafrica.com
    Updates

    Familiar Money Bolsters OPay’s IPO Demand as Thin Float Raises Liquidity Questions

    As the Nigerian payments giant prepares to hit Wall Street, filings reveal an IPO heavily reliant on existing money.
    Updates

    Khazna Joins Egypt’s Consumer Finance M&A Rush With Pharos Acquisition

    A regulatory clampdown has turned existing consumer finance licences into scarce commodities, sparking a rush of high-stakes deals across Cairo.
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    Venture Capital & Funding Sources

    New Funding Option for Ghanaian Startups: Development Bank Seeks VC, PE Partners

    Ghanaian venture capital (VC) and private equity (PE) firms seeking new funding partners have...
    NORTHERN AFRICA

    With 25% Stake, Swvl Founder Chooses Growth Over Dividends After Profit Turnaround

    Swvl Holdings Corp (Nasdaq: SWVL), an Egyptian-based pioneer in public transportation services, has outlined...
    Ecosystem News

    Is Bolt Leaving Nigeria Behind? New $237 Million Raise Raises Concerns

    Estonian ride-hailing company Bolt, a major competitor to Uber in Africa, has secured a...
    Corporate Governance Forum

    Millions in Funding Not Enough: Kenyan Agritech Startup iProcure Under Administration

    iProcure, an agritech startup that garnered significant attention after securing millions in funding, finds...
    Industry

    African Union and GIZ Partner to Offer €15,000 Grants to Innovative African Startups

    In a bid to bolster civic technology across the continent, the African Union Commission,...
    Industry

    Zitouna Pay and Payvago Join Tunisian Interbank Clearing System

    The Central Bank of Tunisia (BCT) announced Thursday the inclusion of two payment institutions,...
    Ecosystem News

    Egypt Gets First Licensed Digital Bank: Banque Misr’s Onebank to Launch by Q4 2024

    In a landmark development for Egypt’s banking landscape, the Central Bank of Egypt has...
    Latest Funding

    Launch Africa Ventures Investment Series: Ivory Coast’s Meditect Joins the List 

    Launch Africa Ventures, a leading venture capital firm focused on Africa, has announced its...
    Ecosystem News

    “Margins Too Tight,” Glovo CEO Hints at Quitting Ghana

    Spanish delivery startup, Glovo, has recently announced its decision to cease operations in Ghana,...
    EASTERN AFRICA

    More Routes, More Countries: BuuPass Acquires QuickBus to Simplify Travel Across Africa

    In a move to solidify its position as a leader in African bus ticketing,...
    Corporate Governance Forum

    Agritech Allure: Jumia Kenya CEO Forfeits Lucrative Compensation Package for Twiga Foods

    Twiga Foods, a prominent African agritech startup, has announced Charles Ballard as its new...
    Industry

    Logidoo Unveils Platform, Sourcing Unit, and Expanded Trade Routes to Streamline Logistics

     Logidoo, a prominent participant in the transportation and trade facilitation sector, has announced a...
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    Latest articles

    Updates

    Familiar Money Bolsters OPay’s IPO Demand as Thin Float Raises Liquidity Questions

    As the Nigerian payments giant prepares to hit Wall Street, filings reveal an IPO heavily reliant on existing money.
    Updates

    Khazna Joins Egypt’s Consumer Finance M&A Rush With Pharos Acquisition

    A regulatory clampdown has turned existing consumer finance licences into scarce commodities, sparking a rush of high-stakes deals across Cairo.
    Updates

    Aries Media Ventures Launches Fund I to Back Underfunded Mediatech Startups in Sub-Saharan Africa

    Former NBCUniversal exec is ditching Hollywood to back African mediatech
    Updates

    9,228 Daily Swaps: Egyptian Billionaire-Backed Blu EV Tests the Limits of Battery-as-a-Service in MENA

    Naguib Sawiris's battery-swapping group has built the largest network of its kind in the Middle East and North Africa. Whether each cabinet earns back the batteries it cycles is a question it has not answered.

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