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    Ecosystem News

    ‘Many Will Not Recover From This Shutdown’ — Francophone Fintechs Scramble as BCEAO Starts Issuing Licenses

    “Several Senegalese fintech companies are at risk of collapse. Many people will lose their jobs.”
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    Ecosystem News

    Ghanaian Fintech Zeepay Raises $18m Debt to Power Remittance-Led Expansion

    The newest funding round - confirmed to Launch Base Africa by Verdant IMAP, the investment firm that structured and arranged the transaction - marks a significant milestone for the fintech.
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    Ecosystem News

    Norfund Backs Nigeria’s OmniRetail in $20M Round — Its First Direct African Startup Investment

    The funding follows significant internal achievements: OmniRetail became EBITDA positive in 2023 and net profitable in 2024, a rare milestone for African B2B commerce startups.
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    Ecosystem News

    What Went Wrong at Edukoya? Nigerian Edtech Closure Raises Market Questions — and Financial Red Flags

    Even in 2022, a year after the purported $3.5 million raise, Edukoya presented a net liability of £353,881.
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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 week
    Hard Talks

    How a Nigerian Engineer’s Bet on Moniepoint Built a $1B Fintech Giant — ‘It Starts With the Founder’s Character’

    'The job title never really meant much to me. I wasn’t someone who chased the corporate ladder.'

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    Inside the Helios Playbook: How a $1B NBA Deal Spawned a $75M Fund for African Sports Tech and Entertainment

    This new fund builds directly on the legacy of one of Helios’s most high-profile deals.
    Partner Content

    Elmenus Founder Steps Down, Latest in a Wave of Egyptian Startup CEO Changes

    The pressure for strategic evolution at Elmenus is amplified by the dominant performance of its main rival.

    Latest articles

    Updates

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this week
    Hard Talks

    How a Nigerian Engineer’s Bet on Moniepoint Built a $1B Fintech Giant — ‘It Starts With the Founder’s Character’

    'The job title never really meant much to me. I wasn’t someone who chased the corporate ladder.'
    Policy & Regulations Forum

    Algeria’s New Crypto Law: ‘Hodl’ at Your Own Peril

    For local tech talent and those who saw crypto as a hedge against inflation or a tool for financial inclusion, the message is clear: innovate elsewhere.
    Updates

    Altera Biosciences Bags $1.6M to Build ‘Off-the-Shelf’ Cells in Africa’s First Gene Therapy Play

    While the science is complex, the investment thesis has a unique hook. The startup argues that its location is a strategic asset.

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

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