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    Ecosystem News

    South Africa’s Paymenow Secures $22.4M to Expand Earned Wage Access Across Africa

    With this deal, a wave of South African banks continue their backing for African fintech firms.
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    Ecosystem News

    Egypt’s DisrupTech Ventures Backs Nigeria’s Winich Farms in Rare Investment Move

    Winich Farms was founded in 2020 by brothers Riches and Winner Attai, alongside Chichebem Jibunoh.
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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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    SA Serial Founder Vinny Lingham Locks In Fastest Exit Yet With Rumi.ai Sale

    The South African-born entrepreneur and investor continues his run of form, selling his AI meeting startup to the US subsidiary of ASX-listed Decidr.
    Ecosystem News

    Spiro Lands $215M to Expand Its Battery-Swapping Network for Africa’s Motorcycle Taxis

    The latest equity injection, disclosed today, comes just four months after a $50m debt facility and pushes total disclosed funding beyond $415m.

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    The Anti-VC Pivot: Wasoko Founder Launches $100M Fund to Back Migration and Manufacturing

    "Venture-scale returns are only possible in a small subset of business models."
    Hard Talks

    From Profitability to $10M ARR: How Prembly Cracked Africa’s Identity Infrastructure

    "We’re processing around seven million unique verifications per month, up from 4.7 million."

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    Updates

    SA Serial Founder Vinny Lingham Locks In Fastest Exit Yet With Rumi.ai Sale

    The South African-born entrepreneur and investor continues his run of form, selling his AI meeting startup to the US subsidiary of ASX-listed Decidr.
    Ecosystem News

    Spiro Lands $215M to Expand Its Battery-Swapping Network for Africa’s Motorcycle Taxis

    The latest equity injection, disclosed today, comes just four months after a $50m debt facility and pushes total disclosed funding beyond $415m.
    Partner Content

    The 90-Day Value Window: The New Playbook for Tech Hiring?

    Instead of matching salaries offered by banks, telcos, or remote global employers, early-stage companies can win by...
    Updates

    Nearly 80% of African Startup Funding in May Was Debt

    A month without a single equity round above $10m also raises questions.

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

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