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    Ecosystem News

    Can EVs Survive Blackouts? South Africa’s State Bank Puts $5.6M Behind One Startup’s Answer

    “This show of faith by the DBSA is not just financial — it is symbolic.”
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    Ecosystem News

    South African Fintech Startup Stitch Raises $55M in New Funding Round

    The funding follows Stitch’s recent expansion efforts, including the acquisition of payment provider Exipay earlier this year.
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    Ecosystem News

    TymeBank Deposits Surge to $385m as Digital Lender Builds on Unicorn Status

    The increase in deposits from R6.3bn ($347.11m) in June 2024 reflects the continued growth of the digital lender, which reached a milestone of 10.7m customers by the end of December.
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    Ecosystem News

    Tech Giant Microsoft Pours $298m into South Africa’s AI Infrastructure

    The announcement arrives at a complex juncture for South Africa, which has recently faced strained relations with the United States.
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    Priced Out of London: Why Nigeria’s Fintechs Are Abandoning UK Remittances

    A little over a year ago, Moniepoint pushed back publicly against a Launch Base Africa report detailing heavy losses at its newly launched UK operation, calling the figures overstated.
    Ecosystem News

    Ventures Platform Secures $84M for Second African Tech Fund in Test of Institutional Appetite

    Oversubscribed final close above $75m target highlights early-stage resilience as international investors weigh macroeconomic volatility against long-term demographic bets.

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    Industry

    Five35 Widens Female-Focused Bets as African Funding for Female Founders Dries Up

    Five35's portfolio sits largely outside fintech, the sector with the weakest gender balance among Africa's largest technology verticals.
    Industry

    From Matchmaker to Fund Manager: Why Exits MENA Is Buying Its Way Into Direct Investment

    The Cairo-based advisory platform is taking control of a bank-backed private equity vehicle, a move that blurs the line between deal broker and principal investor.

    Latest articles

    Updates

    Priced Out of London: Why Nigeria’s Fintechs Are Abandoning UK Remittances

    A little over a year ago, Moniepoint pushed back publicly against a Launch Base Africa report detailing heavy losses at its newly launched UK operation, calling the figures overstated.
    Ecosystem News

    Ventures Platform Secures $84M for Second African Tech Fund in Test of Institutional Appetite

    Oversubscribed final close above $75m target highlights early-stage resilience as international investors weigh macroeconomic volatility against long-term demographic bets.
    Updates

    38% on Boards, 8% in the C-Suite: South Africa’s Illusion of Executive Gender Equality

    Dr Shahiem Patel, Dean at Regent Business School, writes from Durban, South Africa
    Updates

    South Africa’s Edge Growth Hits $22M First Close for Scaleup Debt Fund

    The rise of private credit across the continent has been impossible to ignore.

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

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