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    Flutterwave Expands African Reach with Ugandan License

    Flutterwave’s expansion into Uganda follows recent acquisitions of payment licenses in Ghana and Mozambique.
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    Industry

    Building Global Bridges: 60 Algerian Startups Learn from Asian Tech Giants under ASEP Program

    “These visits will offer startups a global perspective, allowing them to draw inspiration from international best practices,” said Sidali Zerrouki, CEO of Algeria Venture.
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    Industry

    Logistics Startup Logidoo Debuts Afridoo, a One-Stop E-commerce Shop

    This strategic move marks Logidoo’s expansion into the digital commerce space, offering a one-stop solution for businesses of all sizes looking to establish or expand their presence in the booming African e-commerce market.
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    Industry

    MEST Africa Challenge 2024 Seeks Agri-Tech Startups in West Africa

    The winner of the MEST Africa Challenge will receive $50,000 in equity capital, along with invaluable access to MEST’s extensive network.
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    Seventy-Two Hours: OPay CTO Held Zero Shares on Eve of Aborted $4bn US Listing

    Power of attorney filings and blank Form 3s trace the high-stakes final days before payment giant pulled its IPO.
    Ecosystem News

    ‘The Future Isn’t Just Grants’: How Salient’s i3 Network Brokered $19M in Deals for African Healthtech Startups

    Backed by the Gates Foundation and run by Salient Advisory, i3 is helping African healthtech startups move beyond donor-funded pilots towards commercial partnerships and sustainable scale. Senior Consultant Somto Chloe Keluo-Udeke discusses the initiative with Launch Base Africa.

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    Industry

    Nine Years After Its Founding, OPay’s IPO Filing Leaves Questions Over Employee Stock Options

    A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.
    Industry

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.

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    Updates

    Seventy-Two Hours: OPay CTO Held Zero Shares on Eve of Aborted $4bn US Listing

    Power of attorney filings and blank Form 3s trace the high-stakes final days before payment giant pulled its IPO.
    Ecosystem News

    ‘The Future Isn’t Just Grants’: How Salient’s i3 Network Brokered $19M in Deals for African Healthtech Startups

    Backed by the Gates Foundation and run by Salient Advisory, i3 is helping African healthtech startups move beyond donor-funded pilots towards commercial partnerships and sustainable scale. Senior Consultant Somto Chloe Keluo-Udeke discusses the initiative with Launch Base Africa.
    Updates

    ABA Life Secures $40Mn from Admaius to Test Morocco’s Unicorn Ambitions in Sovereign Health AI

    Growth-equity deal values Casablanca-based HealthTech platform at a fraction of the billion-dollar threshold, as African healthtech funding remains subdued.
    Updates

    Mauritius Tightens Its Grip on Africa’s Startup Cap Tables

    Funds domiciled on the island have made a string of investments this year. The money is rarely Mauritian - and that is the point.

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