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    EASTERN AFRICA

    Kenyan President Withdraws Finance Bill Amid Deadly Protests

    Kenyan President William Ruto has announced his decision to withdraw a finance bill containing...
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    EASTERN AFRICA

    UPDATE: Kenyan Parliament Defies Protesters, Approves 16% VAT Increase in Finance Bill

    On Tuesday, parliament in Kenya passed the 2024 Finance Bill, despite widespread opposition from...
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    Ecosystem News

    Former Assistant Convicted in Grisly Murder of Gokada CEO Fahim Saleh

    Tyrese Haspil, the former assistant convicted of the 2020 murder and dismemberment of tech CEO Fahim Saleh, awaits sentencing in September. The trial revealed a tale of embezzlement, betrayal, and a premeditated plot to silence a witness.
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    Ecosystem News

    Launch Africa Ventures’ $100M Fund II Expands Portfolio with 16 African Startups

    Launch Africa, based in Mauritius, led African startup investments for consecutive years, averaging over one deal per week in 2022. Known for supporting market leaders like Kuda and MarketForce, the VC has diversified investments across pre-seed, seed, and Series A startups continent-wide.
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    Cape Town’s Havaíc Hits $30m Milestone for Third Fund as Institutional Interest Hardens

    The latest capital injection comes from E Squared Investments
    Updates

    DPI Targets $1bn for Fourth Africa Fund as Proparco Chips in $42m

    Rather than spreading bets thin, the fund plans to build a concentrated portfolio of roughly one dozen companies across North and Sub-Saharan Africa.

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    Riding Morocco’s Fintech Wave, AfricInvest Moves to Acquire Vantage Payment Systems

    A new heavy hitter is entering the Moroccan fintech landscape, in what feels like the next chapter after local fintech Cash Plus went on a highly successful IPO last year.
    Partner Content

    Jumia Hits Positive Working Capital: The Most Important Chart in African Tech

    The real story lies in what Jumia has chosen to destroy.

    Latest articles

    Updates

    Cape Town’s Havaíc Hits $30m Milestone for Third Fund as Institutional Interest Hardens

    The latest capital injection comes from E Squared Investments
    Updates

    DPI Targets $1bn for Fourth Africa Fund as Proparco Chips in $42m

    Rather than spreading bets thin, the fund plans to build a concentrated portfolio of roughly one dozen companies across North and Sub-Saharan Africa.
    Policy & Regulations Forum

    Temu’s 13m-User Milestone in Nigeria Triggers a ‘Data Sovereignty’ Showdown

    The regulatory net around Chinese ultra-fast fashion platforms is tightening across Africa.
    Updates

    Mogo Kenya Raises $6.2m in Syndicated Deal With I&M Bank and Ecobank

    The deal marks a strategic pivot for the asset financier as it swaps foreign exchange volatility for local currency stability.

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