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    Ex-Naspers Foundry Chief Joins Prosus Board Following $100M Fund Shutdown

    While Mahanyele-Dabengwa’s board appointment signifies a strong leadership strategy, Naspers is also recalibrating its investment approach.
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    Updates

    Morocco’s Enakl Raises $1.4M to Help Reduce Urban Congestion and Pollution in African cities

    Since launching its pilot phase, Enakl has achieved significant traction. The platform manages over 15,000 bookings monthly in Casablanca, with a growth rate of 20% per month.
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    WESTERN AFRICA

    France’s Largest VC Firm Backs Senegalese AI Startup LAfricaMobile in $7M Series A

    The company raised €500,000 in seed funding in 2020 and secured €4.3 million ($4.6 million) in the first tranche of its Series A in April 2024.
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    Policy & Regulations Forum

    Not Yet: Tunisian Parliament Rejects Reforms to Foreign Currency Account Rules

    The proposed measure was an ambitious attempt to alleviate long-standing frustrations over access to foreign currency.
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    New CEO, $110M Mandate: responsAbility’s Plan to Mainstream Emerging-Market Climate Finance

    responsAbility is perhaps best known in impact-investing circles for its early backing of Greenlight Planet, the off-grid solar company that rebranded as Sun King.
    Analysis & Opinions

    Pitch Decks vs. Prospectuses: The Messy Courtship of Africa’s Tech Scene and Old-Money Bourses

    From Windhoek to Lagos, stock exchanges across the continent are wooing startups with structured pipelines, listing incentives, and MOU ceremonies. The startups are mostly politely non-committal.

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    New CEO, $110M Mandate: responsAbility’s Plan to Mainstream Emerging-Market Climate Finance

    responsAbility is perhaps best known in impact-investing circles for its early backing of Greenlight Planet, the off-grid solar company that rebranded as Sun King.
    Analysis & Opinions

    Pitch Decks vs. Prospectuses: The Messy Courtship of Africa’s Tech Scene and Old-Money Bourses

    From Windhoek to Lagos, stock exchanges across the continent are wooing startups with structured pipelines, listing incentives, and MOU ceremonies. The startups are mostly politely non-committal.
    Updates

    Kenya’s Carbon-Capture Startups Land a Share of Tencent’s $30M Climate Fund

    The presence of three Kenya-based winners across different CDR approaches in the same programme points to something beyond individual company success.
    Ecosystem News

    Inside the Room: The Five-Year Negotiation That Got Ghanaian Pensions to Back Venture Capital

    A new fund-of-funds has done something that has never been done before in Ghana — persuaded pension trustees to allocate to private equity and debt vehicles. The journey took half a decade...

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

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