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    WESTERN AFRICA

    WESTERN AFRICA

    Startup Act: Inside the New Startup Labelling System in Benin Republic

    Startups seeking the startup label must submit their applications online to the Technical Labelling Committee.
    Read more
    WESTERN AFRICA

    Nigeria’s Central Bank Delays Binance Executive’s Trial

    Gambaryan, a U.S. citizen and former IRS Special Agent, has been detained in Nigeria for over six months on charges of tax evasion and money laundering, despite having no decision-making authority at Binance.
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    Ecosystem News

    $455M Disgorgement: US Court Slams Nigerian Fintech Founder in Securities Fraud Ruling

    The defendants failed to respond to the complaint, leading to the Clerk of Court entering a default judgment on June 18, 2024.
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    Ecosystem News

    Kredete Secures $2.25M to Empower African Immigrants with Credit Building and Low-Cost Transfers

    Looking ahead, Kredete plans to scale its money transfer services to all African countries, expanding beyond the 20 currently available.
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    London’s Lightrock Closes $500M Fund to Back Energy Access Firms Across Africa and Asia

    The fund targets a critical bottleneck in emerging market climate tech: the lack of growth-stage capital for established operators.
    Partner Content

    Fintech Unicorn dLocal Bets on the Middle East as Africa’s Turbulence Refuses to Settle

    This reversal of fortune is stark.

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    Partner Content

    The Hidden Machinery Behind Egypt’s Quiet Adtech Exit Boom

    Global buyers are snapping up Cairo-based marketing startups, capitalising on years of rigorous local consolidation.
    Partner Content

    78% Below Cost: The Unforgiving Math Behind Digital Health Startup Vezeeta’s Pivot to Bricks and Mortar

    The deal is the most tangible sign yet that Egypt’s best known digital health platform is pivoting towards a hybrid model at a time when the purely online playbook is struggling

    Latest articles

    Updates

    London’s Lightrock Closes $500M Fund to Back Energy Access Firms Across Africa and Asia

    The fund targets a critical bottleneck in emerging market climate tech: the lack of growth-stage capital for established operators.
    Partner Content

    Fintech Unicorn dLocal Bets on the Middle East as Africa’s Turbulence Refuses to Settle

    This reversal of fortune is stark.
    Ecosystem News

    Appeal Dismissed, Liquidation Confirmed: Court Delivers Final Blow to Mastercard-Backed $106m African Startup Fund

    A South African high court has rejected a final attempt by Africa Founders Ventures and its business rescue practitioner to overturn a winding-up order.
    Updates

    900% ROI: Behind the Aggressive Maths of South Africa’s Vehicle-Tracking Giant

    Most businesses that spend heavily on marketing can only guess at the eventual return.

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

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