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    Staff Writer

    https://launchbaseafrica.com
    Updates

    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.
    Updates

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.
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    Updates

    Denmark Bets $54M on African Tech and VCs with New Impact Fund

    The facility, which will run from 2025 to 2028.
    Updates

    Female-Led First Circle Capital Raises $10.9M for Pan-African Fintech Fund

    The firm has recently been making investments in Southern Africa.
    SOUTHERN AFRICA

    E4E Africa Buys Out Early Investor to Increase Holding in Insurtech Startup Pineapple

    For a later-stage investor like E4E Africa, the transaction allows it to double down on a portfolio company it believes is outperforming.
    Ecosystem News

    From Partner to Purchase: Why Nedbank’s $93M iKhokha Deal is a Warning Shot for Fintech Collaborators

    The answer lies in the numbers.
    Updates

    Mastercard Foundation Continues Africa Push with $10m for Sahel Capital

    SEFAA, which was initially anchored by Germany’s KfW Development Bank, typically invests between $300,000 and $2.4 million in early-stage and growth-oriented agribusinesses.
    Partner Content

    Why Newly-Listed valU is Choosing Its Old Funding Playbook Over Public Markets

    The takeaway: Egypt's newly listed fintech giant isn't tapping public markets for its next growth phase.
    Analysis & Opinions

    The Most Active Investors in African Tech Startups: H1 2025

    Who invested the most in African tech startups in H1 2025? An unexpected foreign VC appears to be everywhere in Africa at the moment.
    Ecosystem News

    Japanese VCs Launch $20m Fund to Bridge Corporate Japan and African Tech

    A wave of Japanese corporates and early-stage funds is headed for Africa.
    Updates

    Danish State Fund Backs CrossBoundary Energy with $40M for African Solar Roll-out

    CBE’s client list includes multinational firms like Unilever and Guinness, as well as heavy industry players such as mining giant Rio Tinto.
    NORTHERN AFRICA

    Revolut vs. The Office des Changes: Will Moroccans Get the Full Version?

    "We have a monopoly in the banking system. Send money from your phone free of charge? No way."
    Updates

    Hewatele Raises $10.5M to Tackle East Africa’s Deadly Oxygen Shortage

    The funding will bankroll a new liquid oxygen plant to address chronic shortages and poor-quality supply across East Africa.
    WESTERN AFRICA

    After Backing Egypt’s Top Startups and VCs, EBRD Sets Sights on Nigeria

    The bank is currently establishing its first resident office in Lagos.
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    Latest articles

    Updates

    LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop

    Founded in 2021 by Ismail Bargach and Reda Sellak, WafR has transitioned from a loyalty-app pilot to a critical piece of financial infrastructure.
    Updates

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.
    Corporate Governance Forum

    A Fractured Leg, a Pregnancy, and an Empty Promise: The Human Cost of a Nigerian Fintech’s Collapse

    A Nigerian fintech raised $2.6m from marquee investors, promised its employees fair treatment, and then shut down. A Nigerian court has spent two years untangling what it left behind.
    Ecosystem News

    Malagasy Infrastructure Firm Axian Targets Nigeria’s Clean Energy Market with DFI-Backed Expansion

    AXIAN’s entry is timed with the World Bank-supported DARES (Distributed Access through Renewable Energy Scale-up) program.

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