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    SA Digital Bank Discovery Bank Reaches One Million Clients, Two Years Ahead of Schedule

    Discovery Bank's unique rewards program, which offers incentives for healthy living and responsible financial behavior, has proven to be a popular feature among its customers.
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    Industry

    Egypt’s Menthum Launches New US Dollar Savings Fund

    Perhaps the most distinctive feature of the Menthum USD Fixed Income Fund is its unparalleled liquidity. Unlike traditional fixed-income products with lock-in periods, this fund allows for daily purchases and redemptions.
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    Industry

    Nigeria’s Struggling Quizac Finds a New Home in Tekedia Capital’s Embrace

    Tekedia Capital’s recent strategic acquisition of Quizac is the latest in a series of startup rescue operations in the tech sector in Nigeria.
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    Industry

    Ghana Approves Starlink: Satellite Internet Service Now Available by August End

    This development marks a significant turnaround from earlier this year when the NCA declared Starlink’s operations in Ghana illegal, citing the company’s lack of a license.
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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.

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

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