Site icon Launch Base Africa

Home

Ecosystem News

Breadfast Raises $50M Pre-Series C as Novastar Leads Rare Late-Stage Bet in Egypt

The Egyptian quick-commerce player is defying the continent's tech downturn.

Zambian Neobank Lupiya Raises $11.2m Series A to Expand Across Southern Africa

Founded in 2016, Lupiya operates as a digital-first financial services provider targeting Zambia’s unbanked and underbanked populations.

Egypt’s Government Hands Over Its National Startup Map to the Private Sector

Data transparency has long been a sticking point in MENA tech. Valuation numbers are often hushed, and funding rounds can be opaque.

Delta40 Secures $20M for Africa’s First Integrated Studio-and-Fund Model

The studio typically writes initial checks between $100k and $500k. However, the real value proposition is the “capital leverage.”

Egypt’s Beltone Buys Baobab Group in $235M Deal to Expand Into Nigeria and Francophone Africa

Historically known as an Egyptian brokerage and asset manager, Beltone has spent the last 18 months repositioning itself as a technology-led financial conglomerate.
Analysis & Opinion

The Graduation Gap: Mapping Africa’s Current High-Liquidity Post-Seed Corridors

Approximately 5% to 21% of African seed-stage startups successfully secure Series A funding, significantly lower than the global average of roughly 33%.

Death by Paperwork: How African Governments Quietly Became Their Startups’ Biggest Risk

How regulation - once an afterthought in Africa's startup boom - quietly became the continent's most powerful market force. And what happens when it arrives too late, too fast, and all at once.

Africa’s 100 Most Active Tech Startup Investors — Ranked by Deal Activity (2025)

Local and pan-African funds such as Digital Africa and Launch Africa Ventures continue to drive volume at the earliest stages, absorbing the risk of experimentation and market discovery.

From 5x Returns to 70% Losses: What VNV’s African Bets Say About Egypt’s Tech Reset

When VNV Global released its December 2025 portfolio valuations, the Swedish investment firm’s African holdings painted a stark picture of Egypt’s tech ecosystem

Nine Key Trends That Shaped African Tech Funding in January

For founders, the January figures offer practical insight into which strategies work in the current environment.

Partner Content

Zero Fees vs. High Inflation: Why Cisco Is Doubling Down on Affinity Africa’s ‘Freemium’ Math

When Affinity received its Savings and Loans license in 2022, it was the first such permit granted in over a decade.

Africa’s Growth Problem Isn’t Capital. It’s Leadership Without Collaboration

Africa’s future won’t be determined by how much money arrives. Ray Langa, Group CEO of Leagas Delaney, writes from Cape Town

Riding Morocco’s Fintech Wave, AfricInvest Moves to Acquire Vantage Payment Systems

A new heavy hitter is entering the Moroccan fintech landscape, in what feels like the next chapter after local fintech Cash Plus went on a highly successful IPO last year.

Jumia Hits Positive Working Capital: The Most Important Chart in African Tech

The real story lies in what Jumia has chosen to destroy.

When a Multilateral Bank Goes Seed-Stage: Afreximbank’s Startup Gamble

This accelerator is not a standalone experiment; it is the logical progression of a more aggressive investment strategy.

Governance, Policy & Regulations Forum

Temu’s 13m-User Milestone in Nigeria Triggers a ‘Data Sovereignty’ Showdown

The regulatory net around Chinese ultra-fast fashion platforms is tightening across Africa.

The Funding Desert: Why Algerian Startups Are Being Pushed Toward the Public Markets

In a country where traditional funding channels remain limited, Algerian entrepreneurs are testing whether public markets can fuel innovation - but the path forward is far from certain

Nigerian Tech Is Missing the $1bn Local Debt Party

While 'Old Economy' giants raised a record ₦1.6tn ($1.12bn) in short-term debt in 2025, Nigeria's tech ecosystem was noticeably absent.

Egypt’s Fintech Reformer Is Named Minister of Investment

Farid’s elevation comes at a moment when Egypt is under pressure to restore investor confidence, attract foreign capital, and modernize an economy strained by inflation, currency volatility, and global uncertainty.

Multiple-Entry Visas for VCs: Can Egypt’s New Startup Charter Slow Founder Exodus to Riyadh and Dubai?

The North African giant has unveiled a $5bn bet on reversing its brain drain. But can bureaucratic reform compete with Gulf petrodollars?

All the Latest Articles

Cape Town’s Havaíc Hits $30m Milestone for Third Fund as Institutional Interest Hardens

The latest capital injection comes from E Squared Investments

DPI Targets $1bn for Fourth Africa Fund as Proparco Chips in $42m

Rather than spreading bets thin, the fund plans to build a concentrated portfolio of roughly one dozen companies across North and Sub-Saharan Africa.

Temu’s 13m-User Milestone in Nigeria Triggers a ‘Data Sovereignty’ Showdown

The regulatory net around Chinese ultra-fast fashion platforms is tightening across Africa.

Mogo Kenya Raises $6.2m in Syndicated Deal With I&M Bank and Ecobank

The deal marks a strategic pivot for the asset financier as it swaps foreign exchange volatility for local currency stability.

Breadfast Raises $50M Pre-Series C as Novastar Leads Rare Late-Stage Bet in Egypt

The Egyptian quick-commerce player is defying the continent's tech downturn.
Exit mobile version