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    WESTERN AFRICA

    WESTERN AFRICA

    Nigeria’s Matta Secures Additional Funding to Bridge Africa’s Chemical Supply Chain Gaps

    With a presence beyond Nigeria in markets like Cote Ivoire, Senegal, and Mauritius, Matta plans to expand to South Africa and Eastern Africa by the end of 2024.
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    WESTERN AFRICA

    From Bangalore to Lagos: The Rise of Indian Tech Influence in Nigeria

    Dubbed the “Engineering Mobility Program,” the strategy...involves relocating engineers from Flutterwave’s African offices to Capgemini’s offices in Bangalore, India.
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    WESTERN AFRICA

    Nigeria’s Protests Spark Internet Slowdown: Tech Sector on Edge

    Social media is abuzz with complaints about the sluggish internet, with some users directly appealing to Elon Musk, noting that even Starlink’s service has been affected.
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    Ecosystem News

    Ivory Coast-Based Fintech Hub2 Secures New Funding to Expand Payment Services

    In a subsequent funding round in September 2023, HUB2 received a €1.25 million equity investment from ESSOR PME La Réunion.
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    African Startup Deal Tracker — Newest Deals

    Here's a closer look at the notable under-the-radar investment activity we're tracking this month.
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    Over $500M Lost in Two Years: Eight Graphs That Map the Blind Spots Behind Recent African Startup Collapses

    The period between early 2024 and mid-2026 has been the most unforgiving in the short history of African venture-backed entrepreneurship.

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    1M Users in 8 Years, 9M in 6: The Smartphone Pivot Driving M-KOPA’s Hypergrowth

    The group now signs up about 10,000 new customers daily.
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    Donor-Backed AI Health Tools Proliferate Across Africa, but Sustainability Remains Elusive

    Gates-funded report finds 20 deployed solutions delivering tangible results, yet most rely on short-term grants and lack independently verified cost savings

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    Updates

    African Startup Deal Tracker — Newest Deals

    Here's a closer look at the notable under-the-radar investment activity we're tracking this month.
    Updates

    Over $500M Lost in Two Years: Eight Graphs That Map the Blind Spots Behind Recent African Startup Collapses

    The period between early 2024 and mid-2026 has been the most unforgiving in the short history of African venture-backed entrepreneurship.
    Partner Content

    From an Angry Post to a $50m Ribbon-Cutting: The Land Battle Behind an Egyptian Deeptech Scaleup’s $50m Factory

    Sixteen months later, on a hot July day in 2026, Egypt's finance minister, Ahmed Kouchouk, returned to a company whose public frustration had once laid bare the country's industrial bureaucracy.
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    Why Kenya’s Crypto Clampdown Is a Fortress for Banks

    The new virtual asset rules demand high capital, local custody, and bank-held reserves - creating a moat that traditional lenders are perfectly positioned to fill.

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

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