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    Staff Writer

    https://launchbaseafrica.com
    Updates

    Senegal’s Sovereign-Backed Fund Oyass Doubles Down on Healthtech Eyone with $1.7m Injection

    With the new capital, Eyone plans to move beyond its core record-keeping functions.
    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

    South African University Spin-offs Attract Investor Interest

    UTF II will target 15 to 20 investments, focusing on scalable technology IP across diverse sectors.
    Updates

    South African Fintech UsPlus Secures $2 Million to Expand SME Financing

    Invoice factoring, a core service offered by UsPlus, allows businesses to access immediate cash by selling their outstanding invoices at a discount.
    Updates

    Ivory Coast’s Cauridor Secures $3.5 Million to Strengthen Africa’s Payment Infrastructure

    Cauridor was founded by Oumar Rafiou Barry and Abdoulaye Bah, two Guinean entrepreneurs who encountered firsthand the difficulties of sending money back home while studying in Canada.
    Ecosystem News

    Early-Stage Investor Saviu Reports Multi-Bagger Return on Lapaire Investment After Exit

    Saviu first invested in Lapaire in 2018, participating in subsequent funding rounds and ultimately holding a 22% stake.
    Ecosystem News

    Backed by New $13M, Egypt’s Simplex is Building a Major CNC Factory in Riyadh

    CNC machines, which use pre-programmed software to automate the movement of machine tools, are crucial for modern manufacturing processes.
    Policy & Regulations Forum

    Egypt’s New ‘Free’ Tax System Leaves Startups Out in the Cold

    Egyptian founders meet with the government often about their 'precarious' state, but to what end? A new law hopes to provide an answer.
    WESTERN AFRICA

    Bento CEO’s ‘Chaotic’ Run Comes to an End Amidst Tax Allegations and Client Exodus

    This is not the first time Mr. Okubanjo’s leadership has come under scrutiny.
    Partner Content

    UK Backs New GSMA Innovation Fund for African AI Startups

    The fund will offer grants ranging from £100,000 to £250,000 for projects lasting 15–18 months.
    Updates

    Swedfund Backs African Infrastructure Fund in $41.6M Deal

    Africa, considered the most energy-deficient continent, is home to 75 per cent of the world’s population without electricity access
    Updates

    Who’s Next? HostAfrica Expands Its Nigerian Footprint with Another Acquisition

    This is not HostAfrica’s third foray into Nigeria.
    Policy & Regulations Forum

    US Still Wants Foreign Startup Founders and VCs under Parole Visa, But at New Fees

    For venture capitalists or government funders looking to back such entrepreneurs, the minimum investment in startups within a five-year period will increase from $633,952 to $746,571.
    Analysis & Opinions

    African Fintechs Shift Focus to Engagement as Ad Budgets Tighten

    This..."clearly shows a huge opportunity to connect with consumers through mobile apps.”
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    Latest articles

    Updates

    Senegal’s Sovereign-Backed Fund Oyass Doubles Down on Healthtech Eyone with $1.7m Injection

    With the new capital, Eyone plans to move beyond its core record-keeping functions.
    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.
    Policy & Regulations Forum

    Egypt’s First ‘Startup Label’ Goes to Digital Lender Flend

    Flend, a digital lender for small and medium-sized enterprises (SMEs), has become the first Egyptian company to be officially granted "Startup Label" certification.
    Partner Content

    Nigeria Is Now M-KOPA’s Most Productive Market. Here’s How Its 11K Agent Network Changed the Game

    Here is an analysis of why Nigeria’s sales network is outperforming its peers.

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