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    Ecosystem News

    Ecosystem News

    Yassir Acquires Tunisian Delivery Startup KooL, Fresh off $150M Raise and Flink Deal

    One year and $150 million later, Algeria-based tech giant Yassir isn't slowing down. After snapping up European delivery service Flink, they've now set their sights on neighboring rival KooL.
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    Latest Funding

    South African Biotech Startup Immobazyme Secures $1.3M to Expand Production

    The Stellenbosch-based company, founded in 2019 by a trio of scientists, specializes in pioneering enzyme immobilization and precision fermentation technologies.
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    NORTHERN AFRICA

    From Debanking to Backing: HSBC Egypt Launches Surprise $31M Startup Fund

    In a significant shift, HSBC Egypt is launching a 1.5 billion Egyptian pounds (approximately...
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    Ecosystem News

    “What are you doing?” – Gokada CEO’s Haunting Last Words Echo in Court as Assistant Testifies

    In Manhattan Supreme Court on Monday, Tyrese Haspil further testified about the brutal 2020 murder of Gokada CEO Fahim Saleh.
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    Paymob Scoops $35M as GCC Market Hits Nearly Half of Group Revenue

    Egyptian payments provider gains backing from Mubadala and EBRD as revenues triple across Middle East markets
    Updates

    Spiro Takes Total Debt From Africa Go Green Fund to $36M

    Additional $18m loan backed by Swedfund-capitalised fund will expand battery-swapping infrastructure across Uganda and Rwanda.

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    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.
    Industry

    Four Startups, One Lead Investor: Inside Atlantica’s African AI Infrastructure Thesis

    A Lagos-based venture firm has backed four AI-native infrastructure start-ups in 18 months.

    Latest articles

    Updates

    Paymob Scoops $35M as GCC Market Hits Nearly Half of Group Revenue

    Egyptian payments provider gains backing from Mubadala and EBRD as revenues triple across Middle East markets
    Updates

    Spiro Takes Total Debt From Africa Go Green Fund to $36M

    Additional $18m loan backed by Swedfund-capitalised fund will expand battery-swapping infrastructure across Uganda and Rwanda.
    Ecosystem News

    Mission Mobile Gets $30M From DNI to Take on M-KOPA in South Africa’s Device Financing Boom

    Pepkor, through its FoneYam platform, accounts for a dominant share of prepaid handset sales in the country .
    Updates

    Complete Farmer Nears $12m Equity Haul as World Bank’s IFC and BIFT Back Ghanaian Agritech

    The capital injection aims to address persistent supply chain fragmentation and credit bottlenecks that restrict smallholder crop yields across West Africa.

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

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