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    Latest Funding

    Ecosystem News

    Payments Behemoth Visa Joins Moniepoint’s Cap Table

    Visa’s investment in Moniepoint follows a period of significant growth for the Nigerian fintech.
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    EASTERN AFRICA

    Norfund Doubles Its $40M Investment in CrossBoundary Energy Two Years After

    In July 2022, CrossBoundary Energy announced the completion of a US$40 million equity investment from Norfund and KLP, Norway’s largest pension company.
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    SOUTHERN AFRICA

    South African Insurtech Naked Secures $38m Funding in Africa’s Largest Sector Deal

    Founded in 2018 by former Ernst & Young executives and actuaries Alex Thomson, Sumarié Greybe, and Ernest North, Naked distinguishes itself through a fully digital, AI-driven insurance platform.
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    EASTERN AFRICA

    DOB Equity Backs Water Filter Startup in Strategic Shift After Portfolio Setbacks

    Karen Serem Waithaka, who took over as CEO of DOB Equity last year, is leading the fund’s new direction.
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    Egyptian Unicorn MNT-Halan Closes $82M Debt Haul as Loan Book Nears $1B

    Fintech group captures nearly a quarter of Egypt's micro-lending market and expands retail credit footprint as EGP 4bn securitisation program supports growth.
    Updates

    Fresh Off Its Jordan Launch, Cairo’s Valu Lands $18M in Latest Securitisation Deal

    The transaction marks the fourth tranche executed under the company’s ongoing EGP 10 billion [$190 million] eighth securitisation framework.

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    Industry

    Is Talent Export the New Impact Thesis? Daniel Yu’s $100M Fund Makes Its First Bet

    Move signals fund's focus on labour migration as a pathway out of poverty.
    Industry

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.

    Latest articles

    Updates

    Egyptian Unicorn MNT-Halan Closes $82M Debt Haul as Loan Book Nears $1B

    Fintech group captures nearly a quarter of Egypt's micro-lending market and expands retail credit footprint as EGP 4bn securitisation program supports growth.
    Updates

    Fresh Off Its Jordan Launch, Cairo’s Valu Lands $18M in Latest Securitisation Deal

    The transaction marks the fourth tranche executed under the company’s ongoing EGP 10 billion [$190 million] eighth securitisation framework.
    Policy & Regulations Forum

    Fintech Unicorn Wave Caves to Regulators as BCEAO Holds Firm on West Africa’s Payment Deadline

    The $1.7bn mobile money operator joined the PI-SPI system on deadline day alongside 175 institutions—ending closed-loop dominance across the $267bn WAEMU market.
    Ecosystem News

    African Fintech’s Debt Shift Comes With a Catch

    Headline totals hit $1.9bn, but a surge in collateralised debt and shrinking medians reveal a market concentrating around asset-heavy giants.

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

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