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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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    Livestock Wealth Fails to Block Liquidation Over Investor Loan Default

    A final liquidation order means a liquidator will take control of assets, and creditors — including retail investors — will be invited to prove claims.
    Updates

    Egyptian Recycling Startup Bekia Secures $765,000 to Capture Informal Waste Economy

    Cairo-based venture targets enterprise compliance data as government pushes for 60% municipal recycling rate by 2027.

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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

    Livestock Wealth Fails to Block Liquidation Over Investor Loan Default

    A final liquidation order means a liquidator will take control of assets, and creditors — including retail investors — will be invited to prove claims.
    Updates

    Egyptian Recycling Startup Bekia Secures $765,000 to Capture Informal Waste Economy

    Cairo-based venture targets enterprise compliance data as government pushes for 60% municipal recycling rate by 2027.
    Ecosystem News

    Valued at $1.4B, Egypt’s MNT-Halan Starts Six-Month Countdown to Cairo IPO

    Can Egypt’s largest non-bank lender translate a massive $15.5bn loan book into public market glory? As MNT-Halan steps onto the trading floor under the ticker HALN.CA, the stakes couldn't be higher.
    Updates

    Madica’s Algeria and Cameroon Bets Favor Repeat Founders

    Madica's $1m bet on Algeria, Cameroon and three repeat-funded startups tests a contrarian thesis.

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

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