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    Mobility Startup Zeelo Exits South Africa, Hands Reins to Ride-Sharing Rival LULA

    Zeelo, a US-based company that launched its South African operations in 2019, has decided to exit the market to focus on its core markets in the US, UK, and Ireland.
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    Egyptian Fintech ValU Banks $8.3M From Card Issuance in Just 3 Months

    ValU CEO Walid Hassouna reported that 55,000 cards have been activated, processing 250,000 transactions worth approximately 400 million Egyptian pounds ($8.3 million USD)
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    Payment License: Algerian Super-App Yassir Charges into Moroccan Fintech Arena

    Yassir’s expansion in Morocco is part of a broader continental growth strategy, supported by a successful Series B funding round that raised $150 million in 2022
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    Partner Content

    Nigerian Stocks Go Mobile: NGX Invest Opens Stock Market to Everyone

    The platform’s launch is timely, coinciding with the Central Bank of Nigeria’s (CBN) recapitalization directive, which has spurred numerous offers for subscription and rights announcements by Nigerian banks.
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    Fees Plus Fund: The Hybrid Model Fuelling Africa’s Quiet Deal Machine

    Investment banking revenues in sub-Saharan Africa remain uneven.
    Ecosystem News

    Africa’s Top Venture Investor Locked in $6.3m Legal Dispute with Former Employer

    A court has cleared the way for a long-standing racial discrimination and breach of contract trial against one of Africa's top venture investors.

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    Nigeria Is Now M-KOPA’s Most Productive Market. Here’s How Its 11K Agent Network Changed the Game

    Here is an analysis of why Nigeria’s sales network is outperforming its peers.
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    The Diaspora Founder Formula Behind Côte d’Ivoire’s Most Prolific Venture Studio

    Mstudio now accounts for 68% of all disclosed pre-seed and seed rounds in the country.

    Latest articles

    Updates

    Fees Plus Fund: The Hybrid Model Fuelling Africa’s Quiet Deal Machine

    Investment banking revenues in sub-Saharan Africa remain uneven.
    Ecosystem News

    Africa’s Top Venture Investor Locked in $6.3m Legal Dispute with Former Employer

    A court has cleared the way for a long-standing racial discrimination and breach of contract trial against one of Africa's top venture investors.
    Policy & Regulations Forum

    Too Many Cooks? Nigeria’s Plan for a New Fintech Regulator Draws Parallels to the UK’s Northern Rock Crisis

    The Northern Rock crisis taught the world that financial regulation is not a matter of checking boxes.
    Partner Content

    Western Union and Cassava’s Sasai Target South Africa’s $1bn Outbound Remittance Market

    While the narrative around African remittances often focuses on inflows from Europe and the US, South Africa presents a lucrative inverse opportunity.

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

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