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    Ecosystem News

    Ecosystem News

    Profit Over GMV: Wasoko and MaxAB Shift Focus in Landmark African E-Commerce Merger 

    The integration of their 16 subsidiaries across multiple countries involved a meticulous eight-month process, reflecting the complexities inherent in such large-scale deals.
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    SOUTHERN AFRICA

    SA’s Omnisient Secures $7.5M to Help Banks Learn How People Spend Loan Money

    In essence, Omnisient is a company that helps financial institutions like banks and insurance companies make better decisions about who to give loans or insurance to.
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    Latest Funding

    Baobab Network Expands Its Portfolio with New Investments Across Africa

    Baobab Network, a prominent venture capital firm dedicated to supporting innovative startups across Africa,...
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    NORTHERN AFRICA

    Egypt’s ValU Raises $22.3 Million in New Debt Financing

    ValU has revolutionized the financial services sector in Egypt by empowering millions of individuals through its buy now, pay later (BNPL) platform, U.
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    Africa’s Startup M&A Enters a Harder, More Disciplined Phase

    One year after a record wave of buyouts, the deals look different
    Ecosystem News

    ‘Aim for the Global Market’: Jensen Huang’s Parting Advice to a Moroccan AI Founder

    In a candid interview with Launch Base Africa, Mohamed Benouda looks back on recent encounters with ex-Nvidia CEO Jensen Huang.

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    Industry

    Nine Years After Its Founding, OPay’s IPO Filing Leaves Questions Over Employee Stock Options

    A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.
    Industry

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.

    Latest articles

    Updates

    Africa’s Startup M&A Enters a Harder, More Disciplined Phase

    One year after a record wave of buyouts, the deals look different
    Ecosystem News

    ‘Aim for the Global Market’: Jensen Huang’s Parting Advice to a Moroccan AI Founder

    In a candid interview with Launch Base Africa, Mohamed Benouda looks back on recent encounters with ex-Nvidia CEO Jensen Huang.
    Updates

    Does Africa’s Founder-CEO Exit Wave Have a Nigerian Accent?

    Femi Adeyemo’s departure from Arnergy is the latest in a procession of founder handovers. The numbers suggest Nigeria is the loudest theatre in a continental shift—but not the whole story.
    Updates

    Egypt’s Non-Bank Lenders Get Another Year Behind a Regulatory Moat

    For institutions that had hoped to enter the market, the window remains closed.

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