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    Ecosystem News

    Ecosystem News

    Lagos Enters the Mobility Wars With a $100m War Chest to Rival Uber’s Moove

    The battle for the soul of Lagos's transport system just got a nine-figure injection.
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    EASTERN AFRICA

    In a Debt-Heavy Solar Sector, Sun King Lands Rare $40m Equity Round From Lightrock

    The latest funding rounds out a massive year for the solar giant, following a record-breaking securitisation deal in Kenya.
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    Ecosystem News

    ‘Valuations Still Far Too High’: Lexi Novitske on Investing a $205m Africa Tech Fund Amid Market Turbulence

    In this exclusive interview, Launch Base Africa asks one of the continent’s top VCs about the key lessons from backing Africa’s leading growth-stage deals — and what’s behind the slowdown in later-stage funding.
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    Ecosystem News

    From Logistics to Fintech, E-Commerce to Mushrooms: Inside Africa’s Year of Unlikely Comebacks

    Data compiled from recent African startup failures shows that once a founder experiences a shutdown, 68.3% never return to launch new ventures.
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    Valu Expands to Jordan With $7m — but Its Fastest Growth Is Coming From Payments, Not Loan

    Egypt's largest consumer fintech posted its first full-year results since listing.
    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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    Partner Content

    A New Wave of Tech Firms Is Tapping Nigeria’s Public Debt Market

    The broader market backdrop explains why more technology companies are exploring this route.
    Partner Content

    Ziidi Trader: Safaricom Captures Half of Kenya’s First Major IPO in 20 Years

    The Kenyan government’s sale of a 65% stake in KPC raised 106.3 billion Kenyan shillings ($823.1m).

    Latest articles

    Updates

    Valu Expands to Jordan With $7m — but Its Fastest Growth Is Coming From Payments, Not Loan

    Egypt's largest consumer fintech posted its first full-year results since listing.
    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.
    Venture Capital & Funding Sources

    Dutch VC Aqua-Spark Secures $48m for African Blue Economy Fund, Backed by KfW and AgriFI

    The close marks the culmination of a fundraising process that began in 2021.
    Partner Content

    Why Human Rights Matter in the Modern Workplace

    By Ashwin Rajah, founder of Mindset Matters

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

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