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    Ecosystem News

    Kenya, South Africa, and Egypt Unaffected as Mercury Bank Reports Less Than 1% of Customers are Nigerian

    "As an immigrant from Pakistan myself, I have a lot of empathy for international founders and sincerely apologize to the founders impacted by this decision."
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    Latest Funding

    Nigeria’s Intron Health Secures $1.6M for AI-Powered African Accent Recognition

    Intron Health’s existing adoption in 30 hospitals across five markets, including Kenya and Nigeria, showcased its viability and potential impact.
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    NORTHERN AFRICA

    Egypt Pulls Back Welcome Mat for “Blank Check” Companies Amid Global SPAC Woes

    This regulatory shift comes in the wake of a global SPAC slowdown, with many SPACs facing challenges in identifying suitable acquisition targets and completing deals within the stipulated timeframe
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    Venture Capital & Funding Sources

    Norfund and Veolia to Invest Up to $50 Million in African Climate-Tech Solutions

    The platform plans to invest between €3 million and €50 million in projects ranging from low-carbon energy solutions and optimized water cycles to sustainable waste management.
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    The Commoditisation of LLMs Is Driving a Spree of Micro-AI Acquisitions

    Large language models can scrape the web, but they can't replicate deep domain expertise. From Cairo cold-emails to Cape Town acqui-hires, tech giants are paying up to buy niche capabilities.
    Ecosystem News

    IFC Eyes $90M Equity Stake in Airtel Money as London IPO Gathers Momentum

    World Bank arm joins proposed listing of African fintech processing $245bn annually.

    Sponsored Posts

    Industry

    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.
    Industry

    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

    Updates

    The Commoditisation of LLMs Is Driving a Spree of Micro-AI Acquisitions

    Large language models can scrape the web, but they can't replicate deep domain expertise. From Cairo cold-emails to Cape Town acqui-hires, tech giants are paying up to buy niche capabilities.
    Ecosystem News

    IFC Eyes $90M Equity Stake in Airtel Money as London IPO Gathers Momentum

    World Bank arm joins proposed listing of African fintech processing $245bn annually.
    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.
    Updates

    The Field Is Not Level

    Ray Langa, Group CEO, Leagas Delaney, writes from South Africa

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

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