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    $455M Disgorgement: US Court Slams Nigerian Fintech Founder in Securities Fraud Ruling

    The defendants failed to respond to the complaint, leading to the Clerk of Court entering a default judgment on June 18, 2024.
    Read more
    CENTRAL AFRICA

    Gabon Denies Authorizing $5B Fundraising by Cameroonian Fintech Yunus SA

    The 3,280 billion CFA francs claimed by Yunus SA represents nearly 79% of Gabon’s state budget for 2024, which is set at 4,162 billion CFA francs.
    Read more
    Ecosystem News

    DOB Equity Appoints Local Talent to Replace Resigned CEOs After Failed Investments

    The challenges Karen inherits are substantial. The resignation of her predecessors and the recent financial struggles within DOB Equity’s portfolio have prompted questions about the firm’s future direction.
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    Industry

    $100K Up for Grabs: Timbuktoo HealthTech Hub Seeks Startups in African Healthcare

    The accelerator program is open to startups focused on a wide range of health technology areas.
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    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

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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.

    Latest articles

    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
    Ecosystem News

    From Grants to Fund-of-Funds: Morocco’s Startup Finance Playbook Enters Phase Two

    World Bank gives first-stage programme top marks as new catalytic vehicle targets 2.5bn dirhams for digital ventures - but exit routes remain the missing piece
    Policy & Regulations Forum

    Open Rails, Closed Doors: West Africa’s Central Bank Is Entrenching Bank Monopolies

    The central bank’s open-banking framework was designed to level the playing field, but initial rollouts have concentrated rail control among legacy institutions—forcing agile startups to rent the very infrastructure meant to liberate them.

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

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