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    Ecosystem News

    Venture Capital & Funding Sources

    Lateral Frontiers VC Raises $28M to Back African Tech Ventures

    The firm’s impressive track record includes four successful exits since its inception in 2018.
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    Latest Funding

    Kenyan Beauty Startup Uncover Skincare Raises $1.4M in Seed Funding Round

    The company employs an omnichannel approach, combining a robust online platform with partnerships with leading retailers to ensure visibility, trust, and product availability. This hybrid strategy is crucial for success in the African beauty market.
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    Venture Capital & Funding Sources

    Antler Nairobi Opens Applications for $2M Startup Accelerator

    Each selected company will receive a $200,000 investment.
    Read more
    SOUTHERN AFRICA

    South Africa’s TurnStay Promises to Cut African Hotel Fees by 70% with New Funding

    "Securing funding from these US investors is a vote of confidence in our business model, which has already processed more than R50 million in transactions..."
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    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.
    Corporate Governance Forum

    Equity Dispute Puts OPay’s Employee Share Scheme Under Scrutiny Ahead of Potential IPO

    A Lagos labour court has dismissed a former employee's claim to shares he says were owed under a stock option scheme, in a ruling that lands weeks after OPay began preparing for a US listing.

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    Partner Content

    LemFi Acquires UK Wealth Platform Wealth8 in Push to Build Migrant Financial Hub

    London-based fintech adds investment services to remittance and credit offering after securing regulatory approval
    Partner Content

    From Tax Bots to Farm Finance, Hyper-Local AI Is South Africa’s New Battleground

    In an ecosystem often criticised for importing foreign business models, this wave of localised AI, built on proprietary, hard-to-replicate datasets, represents a native competitive advantage.

    Latest articles

    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.
    Corporate Governance Forum

    Equity Dispute Puts OPay’s Employee Share Scheme Under Scrutiny Ahead of Potential IPO

    A Lagos labour court has dismissed a former employee's claim to shares he says were owed under a stock option scheme, in a ruling that lands weeks after OPay began preparing for a US listing.
    Updates

    Ethiopian Founder Sells AI Authentication Startup to Vercel a Year After $5m Round

    Bereket Engida's Better Auth, an open-source tool popular with AI developers, has been acquired by the US software group.
    Updates

    Meet the 15 Startups Renew Capital Is Backing to Build Africa’s Next Lenders

    The 15 companies, which hail from 10 countries including Ghana, Nigeria, Kenya, South Africa, Morocco and Senegal.

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

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