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    Egypt’s Octane Raises $5.2M to Plug the ‘Billions Leaking’ from Middle Eastern Fleet Fraud

    The Cairo-based fintech plans to deepen its technology stack, expand regionally, and build out fuel and maintenance infrastructure for commercial fleets.
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    Ethiopia’s Beemi Raises $1m to Kill Passive Livestreaming in Africa

    Founded by Dawit Abraham and Samuel Sisay — the creators behind Qene Games — Beemi bills itself as Ethiopia’s first gamified livestreaming platform.
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    Kuwait-backed Ekuity Capital Makes VC Move, Backing Tunisia’s €15m New Era Fund

    The Tunisian startup scene has been gaining traction in recent years, buoyed by government initiatives such as the Startup Act
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    Backed by $6.75m, Egypt’s Taager Picks GOAcommerce Founder to Spearhead Morocco Launch

    Taager, the Cairo-based social e-commerce platform, has named Moroccan startup founder Salma Ammor as Country Manager for its new Morocco office.
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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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    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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