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    Diversification Pays Off: Egyptian Fintech Fawry Sees Profit Surge by 124%, Driven by New Ventures

    Revenues for the year jumped 68.4% year-on-year to $108.8 million (EGP 5.5bn), but it is the surge in profitability that has truly caught the eye.
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    Industry

    UM6P Startup Programme Plants Flag at World’s Largest Tech Hub — ‘We’re Alternating Between STATION F and StartGate’

    Ranked among the Top 500 in the 2025 Times Higher Education World University Rankings, Morocco's UM6P has actively invested in startups through UM6P Ventures.
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    Industry

    One Year After Wasoko Merger, MaxAB Bets on Egypt’s Mobile Money Revolution for Profitability

    The move, unveiled this week, marks a strategic diversification for the company, initially known for its e-commerce operations serving informal retailers.
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    Industry

    Egypt’s Fawry Takes Controlling Stakes in Three Tech Firms to Compete with Rivals

    “These investments solidify Fawry’s position as a comprehensive provider of digital business solutions."
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    Opera Quietly Liquidates Kenyan Ad Unit Ahead of OPay’s $4B US IPO

    Opera’s fintech play in Africa extends well beyond its Kenyan operating entities.
    Ecosystem News

    “Directly Selling Insurance to Farmers Does Not Work”: Pula CEO on Avoiding Agtech’s Deadliest Trap

    From rural Kenya to the Earthshot shortlist: Pula CEO Thomas Njeru reveals to Launch Base Africa how the profitable agtech reached 24 million farmers and why impact and profitability are not mutually exclusive.

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    Industry

    Is Talent Export the New Impact Thesis? Daniel Yu’s $100M Fund Makes Its First Bet

    Move signals fund's focus on labour migration as a pathway out of poverty.
    Industry

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.

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    Updates

    Opera Quietly Liquidates Kenyan Ad Unit Ahead of OPay’s $4B US IPO

    Opera’s fintech play in Africa extends well beyond its Kenyan operating entities.
    Ecosystem News

    “Directly Selling Insurance to Farmers Does Not Work”: Pula CEO on Avoiding Agtech’s Deadliest Trap

    From rural Kenya to the Earthshot shortlist: Pula CEO Thomas Njeru reveals to Launch Base Africa how the profitable agtech reached 24 million farmers and why impact and profitability are not mutually exclusive.
    Updates

    Tunisia’s State Startup Fund Looks Beyond Capital City Tech Elites

    The $60m ANAVA initiative is taking venture capital on the road to hunt for deal-flow in forgotten interior provinces.
    Ecosystem News

    SunCulture Closes $10m Securitisation Deal as African Climate Tech Turns to Capital Markets

    The transaction is designed to allow SunCulture to recycle capital that would otherwise be tied up in longer-dated customer receivables.

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