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    SOUTHERN AFRICA

    SOUTHERN AFRICA

    South African Insurtech Naked Secures $38m Funding in Africa’s Largest Sector Deal

    Founded in 2018 by former Ernst & Young executives and actuaries Alex Thomson, Sumarié Greybe, and Ernest North, Naked distinguishes itself through a fully digital, AI-driven insurance platform.
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    Ecosystem News

    Global Investors Are Buying Up South African Cybersecurity Firms in Record Numbers

    The feeding frenzy is showing no signs of abating anytime soon.
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    SOUTHERN AFRICA

    Following TymeBank’s acquisition of Retail Capital, FutureGrowth Invests $8.3M in Rival Sourcefin

    Sourcefin, a South African fintech company specializing in alternative funding for small and medium-sized...
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    Ecosystem News

    Tyme Group Becomes Africa’s Latest Unicorn After $250 Million Funding Round

    The funding round attracted global heavyweights, including a $150 million investment from Nu Holdings Ltd., Latin America’s largest financial institution.
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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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