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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 Wants to Be the Silicon Valley of Shark Tank — Starting With a $1bn Park

    The total investment, close to $1 billion, makes the Shark Tank Business Park one of the largest entrepreneurship-themed developments in the region.

    Shell- and USAID-Backed SolarNow Forced Into Liquidation After $20M+ Funding

    The company’s shareholders have resolved to wind up the firm via a creditors’ voluntary liquidation.

    From Startup Builders to Startup Backers: Meet Africa’s Top Founder-Investors

    The next African unicorn may already be in their inboxes.

    Cutstruct Bags $2.4M to Become Nigeria’s Go-To Platform for Building Materials

    Founded to address the fragmented nature of material sourcing in Nigeria, Cutstruct offers a digital marketplace where developers and contractors can procure all their building materials in one place.

    Telebirr’s Rivals Face a Steep Climb as Ethiopia Hikes Fintech Capital Rules

    Ethiopia’s mobile money market has boomed in the past three years, led by Telebirr — operated by the state-owned Ethio Telecom — which claims over 40 million users.

    US VC MaC Backs Nigerian Fintech Carrot Credit in $4.2M Round, Eyes Africa With New $150M Fund

    MaC Venture Capital has previously backed African startups including Big Cabal Media (media), Afya Rekod (healthtech), and IdentityPass (identity verification).

    Fintech Investor Crossfin Conquered South Africa — Now It’s Leaving the Sandbox

    “We’ve built a differentiated model that has consistently delivered growth and profitability despite limited access to capital and tough macro conditions."

    The Eerie Reality of Twiga Foods’ ‘Project Easter’: Denials Fade as Layoffs and ‘NewCo’ Now Expose Hidden Plan

    Publicly, Twiga describes the move as a routine corporate alignment. Internally, however, the restructuring appears more complex.

    Veteran VC: Africa Poised for Tech Boom — Here’s What It Needs

    Kevin Dillon, co-founder of Africa Bridge Fund and whose growth equity firm Atlantic Bridge has invested in 110 deep technology companies, contributes from Cape Town, South Africa.

    UK Development Financier BII Backs Kenya’s ARC Ride with $5m to Expand Electric Motorcycle Network

    The UK has invested more than £600m in climate-related projects in Kenya over the past decade, ranging from off-grid solar to green manufacturing.

    South Africa’s MIC Turns to Black Women Founders in Inclusive VC Push

    MIC, together with Grindstone — a business accelerator co-owned by Knife Capital and Thinkroom — has designed the programme to accelerate high-growth, Black female-owned businesses with scalable models.

    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.