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    WESTERN AFRICA

    WESTERN AFRICA

    Ex-Revolut and Sendwave Veterans Land $8M to Transform African B2B Payments with Waza

    Investors were likely drawn to Waza’s rapid growth trajectory. Within five months, the company increased its monthly payment volumes from $280,000 to $70 million, translating to an annualized volume of $700 million.
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    WESTERN AFRICA

    A Giant Digital Payment System is Underway in Francophone West Africa. And 90 Institutions Have Joined

    The new system, operational 24/7, allows for real-time, round-the-clock transactions of any kind, regardless of the account type.
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    WESTERN AFRICA

    Nigeria Freezes Over $37 Million in Cryptocurrency Linked to Protest Organizers

    While the EFCC did not disclose the identities of the wallet owners in its application, insiders have indicated that the wallets are connected to individuals involved in organizing the ongoing protests against the Nigerian government.
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    Latest Funding

    Launch Africa Ventures Investment Series: Fintech Startups Cauri Money and Kredete Join the List

    The platform connects borrowers and lenders, streamlining the lending process from application to repayment.
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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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