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    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this week.
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    Ecosystem News

    West Africa’s Central Bank, BCEAO, Extends Fintech Licensing Deadline Amid Industry Pressure

    Launch Base Africa describes the development as one of the most closely followed issues on its platform in the region during the month of May.
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    Ecosystem News

    AfricInvest Ends Multi-Year Bet on Egyptian Fintech MDP

    The company, co-founded and led by Ahmed Nafie, offers an end-to-end digital payment infrastructure solution across Africa and the Middle East.
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    Updates

    New AfDB Chief Inherits Mixed Venture Capital Portfolio — Will He Stick With It?

    While Mauritania, Tah’s home country, has historically been absent from the African tech map, it recently made a bold move that may hint at his outlook on innovation policy.
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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.

    Latest articles

    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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