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    Staff Writer

    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.

    “Directly Selling Insurance to Farmers Does Not Work”: Pula CEO on Avoiding Agtech’s Deadliest Trap

    From rural Kenya to the Earthshot shortlist: Pula CEO Thomas Njeru reveals to Launch Base Africa how the profitable agtech reached 24 million farmers and why impact and profitability are not mutually exclusive.
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    Egypt’s Intella Raises $12.5m to Build an AI That Truly Understands Arabic

    Intella reported that it more than doubled its revenue in 2024 and is projecting 7x growth in 2025.

    The Elite Oxford Club Training VCs Who Deploy $444m Across Africa

    Founders backed by VCs that have received support from Boost Africa have a significantly higher success rate in follow-on funding.

    After Closing Its $100M Fund, Naspers Places a New $100K Bet on African Female Founders

    This new initiative arrives on the heels of a significant strategic recalibration by Naspers.

    A Busy Month for US Investors in African Startups

    American capital was spread across fintech, e-commerce, AI, and climate infrastructure.

    After Major Failures Across Africa, Investors Look for a New Breed of Foreign Startup Founders

    From recent funding rounds, three categories of seemingly “acceptable” foreign founders stand out.

    Nigeria Lost Nearly Half Its Millionaires in a Decade — the Worst Decline in Africa

    Nigeria’s decline stands out in a landscape where several other African markets have managed to grow their high-net-worth populations.

    African Startup Deal Tracker — Newest Deals

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

    Munify Lands $3M Seed to Build New Rails for Egypt’s $30bn Remittance ‘beast’

    The startup is headquartered with an international outlook, serving Egyptian expatriates across the U.S., Europe, and the Gulf, while also targeting business .

    Kenya’s Poa Internet Lands $4m to Bridge Urban Digital Divide

    Founded in 2015, Poa Internet has carved out a niche by specifically targeting low and middle-income neighbourhoods often overlooked by larger telcos like Safaricom and Zuku.

    South Africa’s Central Bank Just Bought Half the Country’s Payments Plumbing. Meet PayInc

    South Africa's once-sleepy interbank utility has a new name and a powerful new part-owner in the central bank. The mission? To finally drag the nation away from cash.

    A Finnish Two-step: Money + Nokia

    Nokia has a deep place in Africa's internet infrastructure startups.

    Is Wave’s Golden Era Over? Regulators and Telcos Close In on Payments Unicorn

    Francophone Africa's fintech unicorn is facing its greatest tests yet.

    Latest articles

    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.

    “Directly Selling Insurance to Farmers Does Not Work”: Pula CEO on Avoiding Agtech’s Deadliest Trap

    From rural Kenya to the Earthshot shortlist: Pula CEO Thomas Njeru reveals to Launch Base Africa how the profitable agtech reached 24 million farmers and why impact and profitability are not mutually exclusive.

    Tunisia’s State Startup Fund Looks Beyond Capital City Tech Elites

    The $60m ANAVA initiative is taking venture capital on the road to hunt for deal-flow in forgotten interior provinces.

    SunCulture Closes $10m Securitisation Deal as African Climate Tech Turns to Capital Markets

    The transaction is designed to allow SunCulture to recycle capital that would otherwise be tied up in longer-dated customer receivables.