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    SOUTHERN AFRICA

    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...

    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.

    5-Year-Old Fintech Soonicorn TymeBank Captures 10% of South African Market, Eyes NYSE

    TymeBank, a South African digital banking pioneer backed by China’s Tencent Holdings, is set...

    Zimbabwe Invites Comments on Proposed Crypto Regulations: Here’s How to Comment Before June 26

    The government of Zimbabwe is taking significant steps towards regulating the country’s crypto-currency industry,...
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    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.

    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 funding round, Launch Base Africa has authoritatively learned. This substantial investment underscores the growing confidence in Workpay’s innovative solutions designed to streamline workforce management across the continent. While the specific...

    Applications Open for NINJA Accelerator Program in Ethiopia

    Renew Capital, in collaboration with the Ministry of Innovation and Technology (MInT) of Ethiopia and the Japan International Cooperation Agency (JICA), has opened applications for the 2024 NINJA (Next Innovation with Japan) Accelerator program. The program is designed to support tech-enabled startups in Ethiopia that...

    Wizall Money: The Corporate-Backed Moroccan Fintech Heats Up Competition to Displace Ivory Coast’s Djamo

     Wizall Money, a subsidiary of Moroccan banking giant Banque Centrale Populaire (BCP), is making a bold move in the West African fintech landscape with the launch of its new prepaid debit card in Ivory Coast. The “Carte Bleue Wizall Money,” available in both virtual...

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    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.

    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...

    Economic Upset: Cameroon, Mauritania Outperform Oil-Rich Nigeria in Wealth per Person

    In an unexpected turn of events, the International Monetary Fund (IMF) has revealed that...

    Nigerian Financial Watchdog Warns of Elaborate Wire Transfer Scams

    The Nigerian Financial Intelligence Unit (NFIU) has issued a comprehensive advisory warning of a...