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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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    Analysis & Opinions

    Djamo vs. Carbon Cards: Unraveling the Debit Card Dilemma for Nigerian Fintech Startups

    Last week, the Nigerian fintech Carbon announced the discontinuation of its debit card operations,...
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    Hard Talks

    ‘Stay in It’: How Over 200 Interviews and a LinkedIn Post Led to a $2.35M Seed Round for Orca

    The startup’s latest raise marks a landmark achievement as one of the largest seed rounds ever secured by an all-female founding team in Africa.
    Updates

    South African Anti-Fraud Startup Orca Secures $2.35M Seed Round to Protect Emerging Market Payment Rails

    The round was led by pan-African venture capital firm Norrsken22, which previously anchored the company’s $550,000 pre-seed round in early 2024.

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    Western Union and Cassava’s Sasai Target South Africa’s $1bn Outbound Remittance Market

    While the narrative around African remittances often focuses on inflows from Europe and the US, South Africa presents a lucrative inverse opportunity.
    Partner Content

    SolarAfrica Buys Out Its Own Backer in $39m Secondary

    The CESA buyout comes as SolarAfrica is simultaneously executing a broader transition in its business model 

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    Hard Talks

    ‘Stay in It’: How Over 200 Interviews and a LinkedIn Post Led to a $2.35M Seed Round for Orca

    The startup’s latest raise marks a landmark achievement as one of the largest seed rounds ever secured by an all-female founding team in Africa.
    Updates

    South African Anti-Fraud Startup Orca Secures $2.35M Seed Round to Protect Emerging Market Payment Rails

    The round was led by pan-African venture capital firm Norrsken22, which previously anchored the company’s $550,000 pre-seed round in early 2024.
    Updates

    European VC Newion Leads $2.1M Seed Round for SA Fintech NjiaPay

    The Amsterdam and South Africa-based startup, spun out of communications app Talk360, is bringing European-style payment orchestration to the African mid-market.
    Ecosystem News

    Algerian Super-App Yassir Buys Uno Hypermarkets to Fill the Jumia-Shaped Hole

    The rumoured unicorn is capitalising on Jumia's recent market exit by merging its digital ecosystem with a brick-and-mortar footprint.

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

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