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    Ecosystem News

    Ghanaian Fintech Zeepay Raises $18m Debt to Power Remittance-Led Expansion

    The newest funding round - confirmed to Launch Base Africa by Verdant IMAP, the investment firm that structured and arranged the transaction - marks a significant milestone for the fintech.
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    Ecosystem News

    Norfund Backs Nigeria’s OmniRetail in $20M Round — Its First Direct African Startup Investment

    The funding follows significant internal achievements: OmniRetail became EBITDA positive in 2023 and net profitable in 2024, a rare milestone for African B2B commerce startups.
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    Ecosystem News

    South African Fintech Startup Stitch Raises $55M in New Funding Round

    The funding follows Stitch’s recent expansion efforts, including the acquisition of payment provider Exipay earlier this year.
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    Ecosystem News

    Moroccan Fintech Startup PayTic Secures $4m to Drive Payment Automation

    A key focus of PayTic’s technology is payment reconciliation, a process often reliant on manual methods within financial institutions.
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    Bad Reporting Is Killing African Startups’ Funding Chances. Egypt’s VCs Have a Fix

    Under the new system, startups will now report a uniform set of metrics.
    Ecosystem News

    Uruguayan Fintech Unicorn dLocal to Acquire AZA Finance in Push Into African Payments Market

    AZA Finance, a Nairobi-founded cross-border fintech, now supports over $9bn in transaction volume across 15 million transactions.

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    Morocco Looks to Plug and Play to Supercharge Its Startup Ecosystem

    The programme will provide selected startups with hands-on support, including access to Plug and Play’s global offices and its network of multinational corporations .
    Partner Content

    Flutterwave, InTouch Licensed — But Most WAEMU Fintechs Still Frozen

    The BCEAO’s slow but ongoing release of approvals suggests the regulatory process is now in motion — but not yet at scale.

    Latest articles

    Updates

    Bad Reporting Is Killing African Startups’ Funding Chances. Egypt’s VCs Have a Fix

    Under the new system, startups will now report a uniform set of metrics.
    Ecosystem News

    Uruguayan Fintech Unicorn dLocal to Acquire AZA Finance in Push Into African Payments Market

    AZA Finance, a Nairobi-founded cross-border fintech, now supports over $9bn in transaction volume across 15 million transactions.
    Partner Content

    Armed with New $75m, Egyptian Proptech Nawy Makes an Unlikely Turn Toward Fund Management

    The move comes on the heels of a $75m capital injection in May.
    Ecosystem News

    France’s Bpifrance Backs Tunisia’s Kumulus in $3.5M Round to Scale WaterTech Abroad

    Bpifrance’s investment in Kumulus reflects its growing activity in Africa’s startup ecosystem — particularly in Francophone countries.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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