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    Ecosystem News

    Africa-focused Investors Rally Round Userguest in a $2.4M Seed Raise to Help Hotels Generate Revenue

    The platform has become a critical asset for hoteliers across more than 30 countries, generating over $100 million in direct revenue since its launch.

    SA’s Talk360 Secures $1.4M in Pre-Series A to Enable Users Afford International Calls

    The platform boasts over one million cash points of sale, contributing to a 25% increase in payment conversion rates. Encouraged by these results, the company is now planning to open this payments solution to external merchants, with a potential launch before Christmas 2024.

    Morocco’s KWIKS Raises $800K to Cut Recruitment Time by Two-Thirds Using AI

    In a major boost for the Moroccan tech ecosystem, KWIKS, an artificial intelligence (AI)-driven...

    Former Personal Assistant Sentenced to 40 Years for Murder of Gokada CEO Fahim Saleh

    Haspil himself requested a life sentence without the possibility of parole, acknowledging the gravity of his crime and expressing remorse. “Unlike my counsel, I don’t think anything less than life without parole would be appropriate,” he told the judge in a quiet voice.
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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.

    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.

    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.

    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

    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.

    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.

    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.

    Egypt’s CIB Backs MNT-Halan With $37M Anchor Investment Ahead of IPO

    The country’s largest private bank commits EGP 2bn to the upcoming Cairo stock market listing.