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    France’s Largest VC Firm, Bpifrance, Establishes New Base in Egypt

    In June this year, French President Emmanuel Macron announced the creation of the “Fonds Maghreb,” a €100 million fund aimed at North Africa.
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    Updates

    Renew Capital Investment Series: Ethiopia’s ChipChip Targets Group Buyers with New Funding

    “ChipChip is solving two of the biggest issues in African e-commerce — affordability and access to quality products..."
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    Updates

    SA’s Shipping Platform TUNL Secures Seed Funding to Scale SME Support

    “We want to ensure that every business, large or small, can have an equal chance to convert overseas sales. To do this, we are reducing the costs and frictions of international shipping via our platform and tools.”
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    Analysis & Opinions

    For African Startups, Monthly Reports Are a Necessity for Landing Follow-on Funding

    With the capital environment becoming more competitive, 72.2% of surveyed investors confirmed that they have ramped up their reporting requirements over the last 18 months.
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    Paymob Scoops $35M as GCC Market Hits Nearly Half of Group Revenue

    Egyptian payments provider gains backing from Mubadala and EBRD as revenues triple across Middle East markets
    Updates

    Spiro Takes Total Debt From Africa Go Green Fund to $36M

    Additional $18m loan backed by Swedfund-capitalised fund will expand battery-swapping infrastructure across Uganda and Rwanda.

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    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.
    Industry

    Four Startups, One Lead Investor: Inside Atlantica’s African AI Infrastructure Thesis

    A Lagos-based venture firm has backed four AI-native infrastructure start-ups in 18 months.

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    Updates

    Paymob Scoops $35M as GCC Market Hits Nearly Half of Group Revenue

    Egyptian payments provider gains backing from Mubadala and EBRD as revenues triple across Middle East markets
    Updates

    Spiro Takes Total Debt From Africa Go Green Fund to $36M

    Additional $18m loan backed by Swedfund-capitalised fund will expand battery-swapping infrastructure across Uganda and Rwanda.
    Updates

    Complete Farmer Nears $12m Equity Haul as World Bank’s IFC and BIFT Back Ghanaian Agritech

    The capital injection aims to address persistent supply chain fragmentation and credit bottlenecks that restrict smallholder crop yields across West Africa.
    Updates

    Prince William’s Climate Hunt: African Insurtech Pula Named a £1m Earthshot Finalist

    Nairobi-based insurtech reaches 24 million farmers with parametric cover as it targets 100 million by 2030

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

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