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    Ecosystem News

    Egypt Approves First SPAC, Two Years After Local Startup’s Landmark SPAC IPO in New York

    Foreign entities are also now eligible as qualified investors if they hold ownership rights worth at least EGP 50 million ($1 million) .
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    SOUTHERN AFRICA

    Mirova Expands into South Africa with $15M Investment in SolarAfrica

    The investment in SolarAfrica represents Mirova’s fifth transaction under its Gigaton strategy, which aims to accelerate the global transition to low-carbon energy by investing in renewable energy projects in high-growth markets.
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    WESTERN AFRICA

    Telecom Giant Diversifies into Insurance Through Stake in Ivorian Startup WiASSUR

    WiASSUR, founded in 2019, has emerged as a dynamic player in the region by offering a fully digitized insurance platform, providing personalized and accessible solutions to individuals and businesses.
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    Latest Funding

    Ghana’s Kofa Rolls Out $8.2M EV Battery-Swapping Initiative, Backed by Shell

    The network targets the deployment of 6,000 batteries and up to 100 swap stations across Ghana, aiming to create an accessible, reliable, and scalable clean energy infrastructure.
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    FINCA Ventures Backs Six African Resilience Tech Startups with Catalytic Capital

    Washington-based impact investor deploys non-dilutive funding to early-stage fintech and agtech ventures facing persistent early-stage funding gaps.
    Updates

    Why Business Owners Get Trapped in Firefighter Mode and How to Get Out

    Graham Mitchell (Business Coach, Author and Founder of Grow), writes from Sandton, South Africa

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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

    FINCA Ventures Backs Six African Resilience Tech Startups with Catalytic Capital

    Washington-based impact investor deploys non-dilutive funding to early-stage fintech and agtech ventures facing persistent early-stage funding gaps.
    Updates

    Why Business Owners Get Trapped in Firefighter Mode and How to Get Out

    Graham Mitchell (Business Coach, Author and Founder of Grow), writes from Sandton, South Africa
    Updates

    Township Fibre, Mortgage Tech, and $168M in Domestic Dry Powder

    Four years after spinning out of Ethos PE, the Johannesburg-based firm signals a rare vote of confidence from local pension funds.
    Policy & Regulations Forum

    The Secret Antitrust Battle That Helped Sink Koko Networks

    The collapse of Kenya's largest clean-cooking company is blamed on a government refusal to authorise carbon credit sales. A court ruling in Nairobi shows that a competition inquiry into its main supply contract was running alongside that dispute.

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