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    Venture Capital & Funding Sources

    IFC Raises New Funding to Back Women-Led Startups in Africa via SheWinsAfrica Initiative

    The SheWinsAfrica initiative welcomes applications from women-led startups across all sectors in Sub-Saharan Africa. To be eligible, startups must have at least one female founder.
    Read more
    Ecosystem News

    BII Commits $20M to TerraPay to Boost Financial Inclusion in Africa

    “Our investment will support an increased volume of remittance transactions into Africa, by pre-funding over $1 billion worth of transactions per year. Sending money to Africa is expensive..."
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    Venture Capital & Funding Sources

    Innovate Africa Launches $2.5M to Support Early-Stage Startups

    This sector-agnostic fund aims to back up to 20 startups in its first year.
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    EASTERN AFRICA

    Rwanda Green Fund Invests $2M in Green Startups via Ireme Invest

    BasiGo Rwanda was awarded a RWF 300 million (USD 225,000) recoverable grant from Ireme Invest, the Rwanda Green Fund 's green investment facility.
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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.

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    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.
    Partner Content

    Why a Beninese Gaming Founder Gave Up on Game Monetisation to Digitise West Africa’s Tontines

    After hitting a 12% conversion wall with mobile money in gaming, founder Teddy Kossoko has pivoted Gara to digitise the region’s informal savings market.
    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.

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

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