More
    HomeUpdates

    Updates

    iPOS Emerges From iProcure’s Collapse With SunCulture Backing

    iProcure, once a darling of the agritech scene with over $17m in total funding — including a $10.2m Series B in 2022 — collapsed into administration in May 2024.

    Kenyan Insurtech mTek Makes Rare Exit to Singapore Unicorn Bolttech

    The acquisition marks a significant liquidity event for the East African ecosystem, offering a strategic entry point for bolttech's expansion into the continent.

    “Don’t Build for Hypothetical Problems”: What Immobazyme’s Founders Learned While Dragging University IP Into the Marketplace

    " Our aim has always been to build globally competitive biotechnology capabilities here in South Africa"

    500 Global’s Africa Strategy Hit as Partner Exits After One Year

    Venture capital firm faces setback as senior executive exits following promotion to lead African investment strategy.
    spot_img

    Keep exploring

    CFO Churn Casts Shadow Over Flutterwave’s Long-Delayed IPO Ambitions

    Africa's $3bn payments champion trades Wall Street polish for regional banking steel as executive turnover points to deferred listing plans and domestic regulatory friction.

    Algeria’s Fintech Era Begins as Telecom Giant Djezzy Secures Country’s First PSP License

    The entity is a dedicated subsidiary of Optimum Telecom Algeria (Djezzy), the country’s second-largest mobile operator.

    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.

    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

    CFO Churn Casts Shadow Over Flutterwave’s Long-Delayed IPO Ambitions

    Africa's $3bn payments champion trades Wall Street polish for regional banking steel as executive turnover points to deferred listing plans and domestic regulatory friction.

    Algeria’s Fintech Era Begins as Telecom Giant Djezzy Secures Country’s First PSP License

    The entity is a dedicated subsidiary of Optimum Telecom Algeria (Djezzy), the country’s second-largest mobile operator.

    Bank Zero Joins TymeBank and Discovery in South Africa’s Profitable Neobank Club

    Bank Zero hits monthly break-even with just 275,000 direct retail accounts, offering a playbook for capital-efficient fintechs.

    Two Exits in Six Years: Dan Kleinbaum’s GTXN Acquired by Luno

    Deal gives the crypto exchange an owned settlement layer across developed–emerging market corridors - but proposed South African rules may restrict the very activity it enables.