More
    HomeEcosystem NewsWESTERN AFRICA

    WESTERN AFRICA

    With 5 Unicorns, Lagos Overtakes Istanbul and Mumbai in Global Tech Growth Index

    Lagos' tech ecosystem is now valued at $15.3 billion, with unicorn production growing 3x since 2019.

    How a Nigerian Edtech Exposed a Major National Exam Glitch — and Saved Thousands of Students from Mass Failure

    Over the past week, a bootstrapped Nigerian edtech company saved the country's education sector from widespread chaos.

    West Africa’s Fintech Freeze: Central Bank Says ‘Applications Have Many Defects’ as Startups Face Collapse

    Users across the WAEMU zone reported frozen wallets, failed merchant transactions, and blocked salary payments.

    ‘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.”
    spot_img

    Keep exploring

    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.

    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.

    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.

    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

    Latest articles

    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.

    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.

    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.

    Near Zero Equity Deals in H1: What Happened to Tunisia’s Startup Ecosystem?

    Data compiled by Launch Base Africa tells the story starkly.