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    How £21M of Debt Sank the Fresh Funding Quest for Failed SA Startup WhereIsMyTransport

    Despite raising over $27 million in funding since its inception in 2016, the company had only £180,000 (approximately $225,000) left to settle its obligations as of the date of filing for insolvency...
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    Latest Funding

    Kenyan HR-Payroll Provider Workpay Raises $8.8 Million in New Funding Round

    Kenyan HR and payroll platform Workpay has recently raised $8.8 million in a new...
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    WESTERN AFRICA

    Tax Breaks, Funding: Inside the New Startup Act in Ivory Coast 

    Signed into law by President Alassane Ouattara on January 22, 2024, this new Startup Act in Ivory Coast marks a new era for tech entrepreneurship in the country.
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    Ecosystem News

    Is HostAfrica Eating Africa’s Web Hosting Industry Alive? The Buyout Blitz Continues

    In a strategic move to strengthen its presence in Nigeria, HostAfrica has announced the...
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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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