Generated by All in One SEO v4.9.10, this is an llms.txt file, used by LLMs to index the site. # Launch Base Africa Deep Reporting on African Startups and Capital ## Sitemaps - [XML Sitemap](https://launchbaseafrica.com/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Swoop, Led by 19-Year-Old Thiel Fellow, Raises $7.3m from Silicon Valley to Take on Chowdeck](https://launchbaseafrica.com/2026/04/24/swoop-led-by-19-year-old-thiel-fellow-raises-7-3m-from-silicon-valley-to-take-on-chowdeck/) - His startup, Swoop, has officially launched its food delivery operations in Yaba, a densely populated neighbourhood on the Lagos Mainland. It is a high-stakes - [No Bank Account Needed: Inside Budge AI’s Plan to Fix Personal Finance in Markets Open Banking Left Behind](https://launchbaseafrica.com/2026/07/16/no-bank-account-needed-inside-budge-ais-plan-to-fix-personal-finance-in-markets-open-banking-left-behind/) - Budge AI, a start-up launching this week on iOS and Android, believes it has found a way around that trust deficit — by never asking for a bank password. - [Handymesh Is Building the Digital rails for Africa’s Multibillion-Dollar Artisan Market](https://launchbaseafrica.com/2026/07/10/handymesh-is-building-the-digital-rails-for-africas-multibillion-dollar-artisan-market/) - Azeez Lukman and AbdulRasheed AbdulAzeez, both career software architects, have launched Handymesh, a Lagos-based platform that does more than list available - [Context Is the New IP: Inside the New Wave of Africa’s Early-Stage AI Micro-M&A](https://launchbaseafrica.com/2026/07/21/context-is-the-new-ip-inside-the-new-wave-of-africas-early-stage-ai-micro-ma/) - Financial terms have mostly been kept under wraps, but the price tags are understood to be modest. What the deals share is a logic...The African AI sector - [1M Users in 8 Years, 9M in 6: The Smartphone Pivot Driving M-KOPA’s Hypergrowth](https://launchbaseafrica.com/2026/07/22/1m-users-in-8-years-9m-in-6-the-smartphone-pivot-driving-m-kopas-hypergrowth/) - Pan-African fintech M-KOPA has reached 10m customers across five countries, a milestone propelled by a strategic shift into smartphone financing that - [Pepkor Creates $1.2bn Fintech Unicorn Ahead of Planned IPO](https://launchbaseafrica.com/2026/07/22/pepkor-creates-1-2bn-fintech-unicorn-ahead-of-planned-ipo/) - South African retailer creates merchant commerce platform with eye on future listing as competition intensifies for cash-based market. - [Botswana Tech Fund Seals First Close With £5M From Lansdown Family Office](https://launchbaseafrica.com/2026/07/22/botswana-tech-fund-seals-first-close-with-5m-from-lansdown-family-office/) - Botswana Tech Fund...Whether the Botswana Tech Fund can close that loop — raising European capital to back African founders in markets that remain opaque - [Africa Go Green Tests a New Debt Model for African Carbon Projects With BioLite Financing](https://launchbaseafrica.com/2026/07/21/africa-go-green-tests-a-new-debt-model-for-african-carbon-projects-with-biolite-financing/) - Africa Go Green (AGG), a climate-focused debt fund managed by Cygnum Capital, has provided the facility to BioLite, a New York-based manufacturer of - [Third-Party Vendors vs. In-House Builds: The Real Divide in African Banking’s AI Success](https://launchbaseafrica.com/2026/07/21/third-party-vendors-vs-in-house-builds-the-real-divide-in-african-bankings-ai-success/) - Aymen Daoud, regional vice-president for Africa at Backbase, argues that the deeper constraint is architectural rather than algorithmic...African Banking AI - [The Executive Order Behind Nigeria's Crypto Licensing Confusion](https://launchbaseafrica.com/2026/07/21/inside-the-executive-order-throwing-nigerias-crypto-licensing-into-chaos/) - Nigeria's crypto...Meanwhile, the nine firms are waiting, as are dozens of others that had hoped to follow them into ARIP. - [Donor-Backed AI Health Tools Proliferate Across Africa, but Sustainability Remains Elusive](https://launchbaseafrica.com/2026/07/21/donor-backed-ai-health-tools-proliferate-across-africa-but-sustainability-remains-elusive/) - A wave of AI tools is spreading through African health supply chains, automating everything from procurement planning to fraud detection, but new....AI health - [Egypt’s Reme-D Raises $1.45M to Bring Fridge-Free Diagnostic Tests to Africa’s Remote Clinics](https://launchbaseafrica.com/2026/07/20/egypts-reme-d-raises-1-45m-to-bring-fridge-free-diagnostic-tests-to-africas-remote-clinics/) - Cairo-based molecular diagnostics company Reme-D has closed a $1.45m pre-Series A funding round as it seeks to widen access to infectious disease testing - [How an Irish Family Office and the DRC’s Postal Service Are Building a Digital Bank for 100m People](https://launchbaseafrica.com/2026/07/20/how-an-irish-family-office-and-the-drcs-postal-service-are-building-a-digital-bank-for-100m-people/) - From launch, Poste Finance will offer accounts that hold multiple currencies, transfers and the ability to receive salary payments. Over the following months - [Acumen’s ARAF Fund Raises $90m to Take Its Climate-resilience Playbook to North Africa](https://launchbaseafrica.com/2026/07/17/acumens-araf-fund-raises-90m-to-take-its-climate-resilience-playbook-to-north-africa/) - "Climate change is a fact of life, and climate resilience for farmers is the difference between a good season and the risk of losing everything." - [Rooibos Becomes South Africa’s Latest Export — to Space](https://launchbaseafrica.com/2026/07/16/rooibos-becomes-south-africas-latest-export-to-space/) - Rooibos seeds bound for the International Space Station in initiative linking space plant science with skills development. - [Uber to Acquire Glovo and Talabat’s African Operations Under Delivery Hero’s $16.9bn Takeover](https://launchbaseafrica.com/2026/07/16/uber-to-acquire-glovo-and-talabats-african-operations-under-delivery-heros-16-9bn-takeover/) - Transaction will give US ride-hailing and delivery group a foothold in fast-growing markets including Egypt, Kenya and Nigeria. - [Karooooo’s Delivery Arm Rides Quick-Commerce Wave as Fleet-Tracking Core Matures](https://launchbaseafrica.com/2026/07/16/karooooos-delivery-arm-rides-quick-commerce-wave-as-fleet-tracking-core-matures/) - South African vehicle-tracking group Karooooo is quietly building a second growth engine in the form of an ultra-fast delivery business that is expanding at - [Vercel Extends Acquisition Spree With Egypt’s Stakpak Deal](https://launchbaseafrica.com/2026/07/16/vercel-extends-acquisition-spree-with-egypts-stakpak-deal/) - P1 Ventures vindicated as Vercel snaps up second portfolio company in a week. - [MazaoHub’s Josephat Urassa, Engineer Behind Tanzania’s Soil-Data Farming Platform, Dies](https://launchbaseafrica.com/2026/07/15/mazaohubs-josephat-urassa-engineer-behind-tanzanias-soil-data-farming-platform-dies/) - MazaoHub co-founder and chief technology officer, who helped build one of Tanzania's most closely watched agritech ventures, has died. - [Why Europe’s Development Bank Is Writing Multi-Million Euro Checks for Egyptian Fintechs](https://launchbaseafrica.com/2026/07/15/why-europes-development-bank-is-writing-multi-million-euro-checks-for-egyptian-fintechs/) - Egypt has been a cornerstone of the EBRD’s southern and eastern Mediterranean portfolio since it began operations there in 2012... Egyptian fintechs - [With 160% ARR Growth, SA Customer Support Startup Cue Lands $5m to Target the UK](https://launchbaseafrica.com/2026/07/15/with-160-arr-growth-sa-customer-support-startup-cue-lands-5m-to-target-the-uk/) - Johannesburg/London based customer service platform Cue has raised $5m in a primary funding round co-led by venture capital firm Knife Capital and - [Lorax and Fawry Double Down on Egyptian Logistics Startup Mylerz With $2mn Top-Up](https://launchbaseafrica.com/2026/07/15/lorax-and-fawry-double-down-on-egyptian-logistics-startup-mylerz-with-2mn-top-up/) - The involvement of Fawry, Egypt’s dominant digital payments platform, also signals the growing convergence of payments and logistics in the country’s e-commerce ecosystem. - [Zeepay Faces Liquidation After Ghana Regulator Pulls E-Money Licence](https://launchbaseafrica.com/2026/07/14/zeepay-faces-liquidation-after-ghana-regulator-pulls-e-money-licence/) - Bank of Ghana cites unbacked e-money issuance while Accra court considers insolvency petition over $1.22mn unpaid debt - [From Pilot to Profit: Kenya’s Jackfruit Finance Takes Its School Lending Model Across East Africa](https://launchbaseafrica.com/2026/07/14/from-pilot-to-profit-kenyas-jackfruit-finance-takes-its-school-lending-model-across-east-africa/) - Jackfruit Finance, founded in Nairobi in 2021, has partnered with the global microfinance network FINCA to offer working-capital and infrastructure loans - [Is This the End of the Accelerator Era in African Tech?](https://launchbaseafrica.com/2026/07/14/is-this-the-end-of-the-accelerator-era-in-african-tech/) - Is This the End of the Accelerator Era in African Tech?...In the first half of 2025, six of the world’s best-known startup accelerators ...African Accelerator - [Africa’s Venture-Backed Shutdowns Converge on Two Hotspots in 2026](https://launchbaseafrica.com/2026/07/14/africas-venture-backed-shutdowns-converge-on-two-hotspots-in-2026/) - On the last day of June, creditors of Zydii Limited dialled into a virtual meeting to sift through the remains of a company that once embodied the - [Morocco’s Fintechs Win Access to a Card Payments Market Long Controlled by Banks](https://launchbaseafrica.com/2026/07/14/moroccos-fintechs-win-access-to-a-card-payments-market-long-controlled-by-banks/) - Morocco ’s decade-long effort to unbundle its card payments infrastructure reached its conclusion this month, after the central bank...Morocco card payments - [Why Data Matters as Much as Capital in African Agricultural Finance](https://launchbaseafrica.com/2026/07/13/why-data-matters-as-much-as-capital-in-african-agricultural-finance/) - Only 1% of bank lending goes to the agricultural sector in Africa —Desmond Koney, CEO of Complete Farmer, writes from Accra, Ghana. - [South Africa’s Fintechs Face a Wave of New Data and Open Finance Rules — Here’s the Timeline](https://launchbaseafrica.com/2026/07/13/south-africas-fintechs-face-a-wave-of-new-data-and-open-finance-rules-heres-the-timeline/) - South Africa’s Financial Sector Conduct Authority has set out a three-year regulatory calendar running to March 2029 that will touch ...South Africa’s fintechs - [Equity Dispute Puts OPay's Employee Share Scheme Under Scrutiny Ahead of Potential IPO](https://launchbaseafrica.com/2026/07/10/equity-dispute-puts-opays-employee-share-scheme-under-scrutiny-ahead-of-potential-ipo/) - When OPay hired Citigroup, Deutsche Bank and JPMorgan in May 2026 to lead a planned US initial public offering targeting a valuation of about $4bn, the Nigeria - [African Startup Deal Tracker — Newest Deals](https://launchbaseafrica.com/2026/07/10/african-startup-deal-tracker-newest-deals-24/) - This month’s edition of the African Startup Deal Tracker delves into these under-the-radar transactions, encompassing pre-seed funding, angel investments - [PAPSS Inches Closer to Continent-Wide Coverage as Central African Central Bank Joins](https://launchbaseafrica.com/2026/07/09/papss-inches-closer-to-continent-wide-coverage-as-central-african-central-bank-joins/) - The Pan-African Payment and Settlement System (PAPSS) has absorbed the Bank of Central African States (BEAC) into its network, a move that extends the - [Meet the 15 Startups Renew Capital Is Backing to Build Africa’s Next Lenders](https://launchbaseafrica.com/2026/07/09/meet-the-15-startups-renew-capital-is-backing-to-build-africas-next-lenders/) - Renew Capital, the pan-African investment firm, has shortlisted 15 technology companies from an initial pool of more than 500 to take part in the final stage - [Ethiopian Founder Sells AI Authentication Startup to Vercel a Year After $5m Round](https://launchbaseafrica.com/2026/07/09/ethiopian-founder-sells-ai-authentication-startup-to-vercel-a-year-after-5m-round/) - Bereket Engida's Better Auth, an open-source tool popular with AI developers, has been acquired by the US software group. - [Britain’s Founder Visa Alternative Brings South African Fintech Float to the UK](https://launchbaseafrica.com/2026/07/08/britains-founder-visa-alternative-brings-south-african-fintech-float-to-the-uk/) - Float, the South African payments platform that lets shoppers split credit card purchases into interest-free instalments, has entered the...Float UK - [Nigeria Launches Hunt for VC Manager to Run $50m Japan-Backed Startup Fund](https://launchbaseafrica.com/2026/07/08/nigeria-launches-hunt-for-vc-manager-to-run-50m-japan-backed-startup-fund/) - The Nigeria Sovereign Investment Authority (NSIA) and the Japan International Cooperation Agency (JICA) will anchor the NSIA-JICA Impact ...Nigeria startup fund - [Koko Networks Puts Ethanol Platform on the Block in $15m Asset Sale](https://launchbaseafrica.com/2026/07/07/koko-networks-puts-ethanol-platform-on-the-block-in-15m-asset-sale/) - The Koko Networks collapse has reverberated through the climate finance community well beyond East Africa. It is among the first high-profile - [Bridgement Lands $20.3m as South Africa’s Banks Double Down on AI Lending](https://launchbaseafrica.com/2026/07/07/bridgement-lands-20-3m-as-south-africas-banks-double-down-on-ai-lending/) - South African fintech company Bridgement has secured R330m ($20.3m) in funding from Rand Merchant Bank and Standard Bank, a move - [South Africa’s AI Future Is Leaving Millions Behind](https://launchbaseafrica.com/2026/07/06/south-africas-ai-future-is-leaving-millions-behind/) - On the surface, South Africa’s digital credentials tell only part of the story. The country ranks 46th out of 147 economies in Microsoft’s ...South Africa's AI - [GoCab Recruits Former Anka CEO as Ivory Coast Head Months After Anka’s Collapse](https://launchbaseafrica.com/2026/07/06/gocab-recruits-former-anka-ceo-as-ivory-coast-head-months-after-ankas-collapse/) - Mobility fintech GoCab has appointed Moulaye Tabouré, the co-founder and former chief executive of defunct pan-African e-commerce platform Anka - [Why Africa’s Startup Funding Leaderboards Look Different This Year](https://launchbaseafrica.com/2026/07/06/why-africas-startup-funding-leaderboards-look-different-this-year/) - Why Africa’s Startup Funding Leaderboards Look Different This Year...The overall picture is not one of capital flight. Capital is still arriving. But - [Most AI Coding Tools Are Leaking Users. SA’s HyperDev Just Raised $1M to Fix the Leak](https://launchbaseafrica.com/2026/07/06/most-ai-coding-tools-are-leaking-users-sas-hyperdev-just-raised-1m-to-fix-the-leak/) - Company founded by former OpenAI and Google engineers nears 100,000 users with a platform designed to help deploy software, not just generate code. - [Coca-Cola Joins Egypt’s High-Value Tech Offshoring Wave](https://launchbaseafrica.com/2026/07/06/coca-cola-joins-egypts-high-value-tech-offshoring-wave/) - The newly launched Coca-Cola HBC Digital Hub will serve as a centralized digital delivery platform supporting the company’s operations across 27 markets in Europe and Africa. - [Free Licences, Open Batteries and a 6-Month Time Bomb — Rwanda Plays Chicken With EV Founders](https://launchbaseafrica.com/2026/07/03/free-licences-open-batteries-and-a-6-month-time-bomb-rwanda-plays-chicken-with-ev-founders/) - Rwanda is betting that by removing price barriers and enforcing quality, it can attract serious international investors while nudging its homegrown...Rwanda EV - [Beyond the Remittance Hype: The 3 Business Models Winning VC Cash in Africa’s Stablecoin Boom](https://launchbaseafrica.com/2026/07/03/beyond-the-remittance-hype-the-3-business-models-winning-vc-cash-in-africas-stablecoin-boom/) - African fintech has absorbed a wave of stablecoin-linked capital over the past year, much of it arriving through unconventional...stablecoin in Africa - [Satellites, Biotech, and HR: Stocks & Strauss Locks in $24m to Take Campus Tech Global](https://launchbaseafrica.com/2026/07/03/satellites-biotech-and-hr-stocks-strauss-locks-in-24m-to-take-campus-tech-global/) - Johannesburg-based investment firm Stocks & Strauss has held the final close of its second University Technology Fund at R400mn ($24mn), lifting total - [Catalyst Fund Raises $30 Million in Second Close for African Climate Adaptation Vehicle](https://launchbaseafrica.com/2026/07/02/catalyst-fund-raises-30-million-in-second-close-for-african-climate-adaptation-vehicle/) - Venture capital firm draws in IFC, Shell Foundation and Trafigura Foundation to back start-ups addressing climate shocks. - [LemFi Acquires UK Wealth Platform Wealth8 in Push to Build Migrant Financial Hub](https://launchbaseafrica.com/2026/07/02/lemfi-acquires-uk-wealth-platform-wealth8-in-push-to-build-migrant-financial-hub/) - LemFi, the cross-border payments company focused on immigrant communities, has acquired UK investment platform Wealth8, giving it the ability to offer stock - [Novastar Ventures Targets AI-Native African Startups With Google-Backed Lab](https://launchbaseafrica.com/2026/07/02/novastar-ventures-targets-ai-native-african-start-ups-with-google-backed-lab/) - The Applied AI Lab, which opens for applications on July 1, will select a first cohort of five to ten start-ups and researchers. It is backed...Google AI Lab - [Nigeria’s Banking Crackdown Catches Fintechs Chasing Microfinance Licences](https://launchbaseafrica.com/2026/07/02/nigerias-banking-crackdown-catches-fintechs-chasing-microfinance-licences/) - The Central Bank of Nigeria unsheathed its regulatory blade on Tuesday, cancelling the operating licences of 46 microfinance banks in ...Microfinance Licences - [Local Investors Stage Partial Comeback in African Tech After Sharp First-Half Retreat](https://launchbaseafrica.com/2026/07/01/local-investors-stage-partial-comeback-in-african-tech-after-sharp-first-half-retreat/) - Local Investors Stage Partial Comeback in African Tech After Sharp First-Half Retreat...International investors, meanwhile, will be watching whether the - [Seven Brutal Truths About African Tech Startup Funding in H1 2026](https://launchbaseafrica.com/2026/07/01/seven-brutal-truths-about-african-tech-startup-funding-in-h1-2026/) - Seven Brutal Truths About African Tech Startup Funding in H1 2026 African technology start-ups raised at least $1.21bn in disclosed funding - [African Startups Surpass $1bn in First-Half Funding Despite Slower Equity Flows](https://launchbaseafrica.com/2026/07/01/african-startups-surpass-1bn-in-first-half-funding-despite-slower-equity-flows/) - African startups raised more than $3bn in both 2021 and 2022, fuelled by abundant global risk appetite. That era has not returned. Instead, a new pattern - [Egypt’s BrainsMingle Lands Strategic Backing From Recruitment Heavyweight BasharSoft](https://launchbaseafrica.com/2026/06/30/egypts-brainsmingle-lands-strategic-backing-from-recruitment-heavyweight-basharsoft/) - The seed cheque is BasharSoft's first investment since acquiring career platform iCareer, and signals interest from MENA's recruitment incumbents in newer models of professional engagement. - [The Glitch in the System: Why SA Universities Are Turning Off the ‘AI Polygraph’](https://launchbaseafrica.com/2026/06/29/the-glitch-in-the-system-why-sa-universities-are-turning-off-the-ai-polygraph/) - “AI detectors do not know if a machine wrote a text; instead, they measure statistical signatures..." - [African Startup Deal Tracker — Newest Deals](https://launchbaseafrica.com/2026/06/29/african-startup-deal-tracker-newest-deals-23/) - African Startup Deal...Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month: - [Pitch Decks vs. Prospectuses: The Messy Courtship of Africa’s Tech Scene and Old-Money Bourses](https://launchbaseafrica.com/2026/06/26/pitch-decks-vs-prospectuses-the-messy-courtship-of-africas-tech-scene-and-old-money-bourses/) - In the past twelve months, a remarkable number of African stock exchanges have decided that the answer is the former in...African stock exchanges startups - [New CEO, $110M Mandate: responsAbility’s Plan to Mainstream Emerging-Market Climate Finance](https://launchbaseafrica.com/2026/06/26/new-ceo-110m-mandate-responsabilitys-plan-to-mainstream-emerging-market-climate-finance/) - Swedish pension giant Alecta has committed $110m to a climate-focused investment strategy managed by responsAbility Investments... - [West African Payments Reform Gets Three-Month Reprieve for Fintech Operators](https://launchbaseafrica.com/2026/06/25/west-african-payments-reform-gets-three-month-reprieve-for-fintech-operators/) - The Central Bank of West African States (BCEAO) has quietly pushed back a critical deadline for fintechs and banks to fully integrate into its flagship - [Kenya’s Carbon-Capture Startups Land a Share of Tencent’s $30M Climate Fund](https://launchbaseafrica.com/2026/06/25/kenyas-carbon-capture-startups-land-a-share-of-tencents-30m-climate-fund/) - Octavia Carbon, founded by Martin Freimüller and Duncan Kariuki and headquartered in Nairobi, is the furthest along of the three in terms of deployed - [Inside the Room: The Five-Year Negotiation That Got Ghanaian Pensions to Back Venture Capital](https://launchbaseafrica.com/2026/06/25/inside-the-room-the-five-year-negotiation-that-got-ghanaian-pensions-to-back-venture-capital/) - Five years later, in March 2026, Ci-Gaba — a $75 million blended finance fund-of-funds — reached its first close, with Ghanaian pension funds formally - [D.light Takes PAYGo Solar From Impact Funds to the London Stock Exchange](https://launchbaseafrica.com/2026/06/24/d-light-takes-paygo-solar-from-impact-funds-to-the-london-stock-exchange/) - A transaction announced this week by d.light, the Nairobi- and San Francisco-based solar energy and Pay-As-You-Go (PAYGo) financing company, may have just - [Revolut’s Morocco Ambitions Hit a Wall as Regulator Puts Priorities Elsewhere](https://launchbaseafrica.com/2026/06/24/revoluts-morocco-ambitions-hit-a-wall-as-regulator-puts-priorities-elsewhere/) - The ambitions of fintech giant Revolut to enter the Moroccan market have met a formidable obstacle: a central bank focused on strategic ...Revolut Morocco - [NewTrails Capital, Backed by Africa’s Leading Smartphone Manufacturer, Invests $55M in EV Startup Spiro](https://launchbaseafrica.com/2026/06/22/newtrails-capital-backed-by-africas-leading-smartphone-manufacturer-invests-55m-in-ev-startup-spiro/) - NewTrails Capital has completed a $55 million investment in Spiro, Africa’s largest electric vehicle and battery-swapping company, the two companies - [From Tax Bots to Farm Finance, Hyper-Local AI Is South Africa’s New Battleground](https://launchbaseafrica.com/2026/06/24/from-tax-bots-to-farm-finance-hyper-local-ai-is-south-africas-new-battleground/) - AI South Africa...As South Africa’s 2026 tax season looms, a digital tax assistant has escaped the confines of its website and landed on the country’s - [A Reprieve for Kenya’s Electric Vehicles. But for How Long?](https://launchbaseafrica.com/2026/06/24/a-reprieve-for-kenyas-electric-vehicles-but-for-how-long/) - Last week, Members of Parliament rejected a Treasury proposal that would have embedded a 16 per cent hidden cost into every such...Electric vehicles Kenya - [While Others Fled, This Nigerian Corporate VC Kept Writing Cheques](https://launchbaseafrica.com/2026/06/24/while-others-fled-this-nigerian-corporate-vc-kept-writing-cheques/) - All On, now in its seventh year of active deployment, has outlasted that typical cycle. It has done so while maintaining a consistent investment - [One Year After Listing, Valu’s Public Market Bet Looks Vindicated](https://launchbaseafrica.com/2026/06/23/one-year-after-listing-valus-public-market-bet-looks-vindicated/) - Egypt's buy-now, pay-later pioneer has more than doubled its market cap since its blockbuster IPO debut, expanded into Jordan, and posted triple-digit profit growth. - [The Short, Unfinished Life of PayPal’s $100 Million Emerging Markets Fund](https://launchbaseafrica.com/2026/06/22/the-short-unfinished-life-of-paypals-100-million-emerging-markets-fund/) - Emerging market fintech funding has already cooled from its 2021–2022 peaks. - [The VC Waiting Game: Why a 7% Distribution Is a Major Win for Early-Stage African Funds](https://launchbaseafrica.com/2026/06/19/the-vc-waiting-game-why-a-7-distribution-is-a-major-win-for-early-stage-funds/) - pan-African seed investor Launch Africa Ventures has pulled off what is becoming a coveted rarity in venture capital: it has returned cash to its backers. - [Nigeria’s Startup Graveyard Has Become a Bargain Bin for Buyers](https://launchbaseafrica.com/2026/06/19/nigerias-startup-graveyard-has-become-a-bargain-bin-for-buyers/) - Unlike previous cycles, when struggling African tech firms hoped for a white knight from Silicon Valley, today’s acquirers are... Nigerian startups... - [63% of South Africa’s Franchise Brands Are Stuck Under 30 Stores. Here’s Why Opening More Isn’t the Fix](https://launchbaseafrica.com/2026/06/18/63-of-south-africas-franchise-brands-are-stuck-under-30-stores-heres-why-opening-more-isnt-the-fix/) - Sixty-three percent of South Africa’s franchise brands operate fewer than 30 stores. For most of them, the path to genuine scale... Franchise South Africa - [Consortium of DFIs and Philanthropies Backs $176M Africa Clean Energy Platform](https://launchbaseafrica.com/2026/06/18/consortium-of-dfis-and-philanthropies-backs-176m-africa-clean-energy-platform/) - Whether Zafiri can mobilize the additional commercial capital needed to reach its USD 1 billion ambition will likely depend on how the vehicle performs over - [Victoria’s Surprise Rise Into Africa’s Startup Top Five Raises Awkward Questions About Ecosystem Rankings](https://launchbaseafrica.com/2026/06/17/victorias-surprise-rise-into-africas-startup-top-five-raises-awkward-questions-about-ecosystem-rankings/) - In the newly released Startup Genome Global Startup Ecosystem Report (GSER) 2026, Victoria — the capital of the Seychelles — entered the Sub-Saharan Africa - [Nigeria’s Central Bank Orders Fintechs to Split Their Payments Empires — or Divest](https://launchbaseafrica.com/2026/06/16/nigerias-central-bank-orders-fintechs-to-split-their-payments-empires-or-divest/) - For the wider Nigerian payments market, the structural separation is likely to reset the competitive landscape. Dominant groups will...Nigerian fintechs - [Swvl Eyes UK and US Launches as Q1 Losses Shrink to $174K](https://launchbaseafrica.com/2026/06/16/swvl-eyes-uk-and-us-launches-as-q1-losses-shrink-to-174k/) - The “approaching breakeven” framing applies to operating performance, not the bottom line. Swvl ’s pre-tax result actually swung from a $773k profit... - [‘Timing Is Critical’: How a Pandemic Almost Killed Weego and Accidentally Built Its B2B Engine](https://launchbaseafrica.com/2026/06/15/timing-is-critical-how-a-pandemic-almost-killed-weego-and-accidentally-built-its-b2b-engine/) - In March 2026, Weego raised $1.1 million from Azur Innovation Fund, an early-stage venture capital firm, to expand across Moroccan cities, strengthen its - [Proparco Anchors Rare Moroccan LP Position in EmTech’s New $60M Early-Stage Fund](https://launchbaseafrica.com/2026/06/16/proparco-anchors-rare-moroccan-lp-position-in-emtechs-new-60m-early-stage-fund/) - The fund plans to invest in around 20 startups, writing cheques of between $500,000 and $3m in pre-Series A and Series A rounds. - [Ripple Buys Into Flutterwave to Open New Front in African Stablecoin Wars](https://launchbaseafrica.com/2026/06/16/ripple-buys-into-flutterwave-to-open-new-front-in-african-stablecoin-wars/) - Ripple, the San Francisco-based enterprise blockchain group, is making its most ambitious African play yet, taking a strategic equity stake in Flutterwave - [Ghana Bans Local Financial Institutions From Backing Crypto-Linked Dollar Accounts](https://launchbaseafrica.com/2026/06/15/ghana-bans-local-financial-institutions-from-backing-crypto-linked-dollar-accounts/) - Ghana Bans Local Financial Institutions From Backing Crypto-Linked Dollar Accounts The Bank of Ghana has imposed a sweeping new wave of regulatory - [Africa's Electric Mobility Pioneers Turn to Operators in Race for Profitability](https://launchbaseafrica.com/2026/06/12/africas-electric-mobility-pioneers-turn-to-operators-in-race-for-profitability/) - On June 9, 2026, Spiro, one of Africa’s largest electric motorcycle and battery-swapping startups, appointed Anant Badjatya as its inaugural Group Chief - [Ex-ZOLA and Fenix Exec Closes First Dedicated Climate Tech Fund for Southern Africa](https://launchbaseafrica.com/2026/06/12/ex-zola-and-fenix-exec-closes-first-dedicated-climate-tech-fund-for-southern-africa/) - Holocene Ventures Fund I (HVF1) is managed by Holocene and invests $50,000–250,000 in cash plus $50,000–100,000 in venture-building services - [The Tennis Court Rule: Nigeria’s Fintechs Learn to Live on a 70-Metre Leash](https://launchbaseafrica.com/2026/06/11/the-tennis-court-rule-nigerias-fintechs-learn-to-live-on-a-70-metre-leash/) - On May 29, with the quiet rap of a digital stamp, the Central Bank of Nigeria extended an olive branch to the country’s financial technology - [Fintech Margins Under Pressure as Pan-African Payments Race Reaches Ghana](https://launchbaseafrica.com/2026/06/11/fintech-margins-under-pressure-as-pan-african-payments-race-reaches-ghana/) - Egyptian-founded fintech enza has been awarded a Payment Service Provider (PSP) Enhanced licence by the Bank of Ghana, allowing the company to operate directly - [The 50% Productivity Tax: How “Hero Founders” Quietly Kill Execution](https://launchbaseafrica.com/2026/06/11/the-50-productivity-tax-how-hero-founders-quietly-kill-execution/) - Why the most important conversation in your business is the one nobody is having with you -By Graham Mitchell, Business Coach, Author and Founder of Grow - [The 90% Collapse: How US Tech and Infrastructure Debt Turned African AI Into a Rounding Error](https://launchbaseafrica.com/2026/06/11/the-90-collapse-how-us-tech-and-infrastructure-debt-turned-african-ai-into-a-rounding-error/) - The divergence threatens to hollow out the continent’s early‑stage software pipeline and risks a brain drain of technical talent. - [Moroccan Proptech Agenz Bags $5m from Breega and North Africa’s Largest Bank](https://launchbaseafrica.com/2026/06/11/moroccan-proptech-agenz-bags-5m-from-breega-and-north-africas-largest-bank/) - The Casablanca-based proptech, which combines real estate data, agent tools, and a transaction platform, closes an oversubscribed seed round. - [Egypt Launches Startup Authority as Battle for Founders Intensifies](https://launchbaseafrica.com/2026/06/10/egypt-launches-startup-authority-as-battle-for-founders-intensifies/) - The question is whether administrative reform can outweigh the advantages offered by Gulf ecosystems. - [Morocco's Done.ma Raised $2M to Challenge Glovo. Now It Faces Bankruptcy Speculation](https://launchbaseafrica.com/2026/06/10/moroccos-done-ma-raised-2m-to-challenge-glovo-now-it-faces-bankruptcy-speculation/) - The Rabat-based super app's mobile application is unavailable and the company has not communicated publicly for several days. - [Profitable Egyptian Fintech Blnk Raises $37.1m in Equity and Debt](https://launchbaseafrica.com/2026/06/08/profitable-egyptian-fintech-blnk-raises-37-1m-in-equity-and-debt/) - Egypt’s Blnk has raised $37.1 million in a combined equity and debt round, the company announced on 8 June 2026, marking its largest single financing since - [Remittance Fintechs Brace for Longer Delays and Higher Fees Across Central Africa](https://launchbaseafrica.com/2026/06/09/remittance-fintechs-brace-for-longer-delays-and-higher-fees-across-central-africa/) - The Bank of Central African States is tightening its grip on diaspora transfers, placing compliance pressure on payment service providers. - [AI-First Telcos Will Lead the Race in Africa](https://launchbaseafrica.com/2026/06/09/ai-first-telcos-will-lead-the-race-in-africa/) - AI-First Telcos Will Lead the Race in Africa For the better part of a decade, the global telecommunications sector has been viewed by investors with a - [CreditChek Raises $600,000 to Expand Credit Data Infrastructure in East Africa](https://launchbaseafrica.com/2026/06/09/creditchek-raises-600000-to-expand-credit-data-infrastructure-in-east-africa/) - A Nigerian credit infrastructure company has raised $600,000 to extend its data aggregation platform into East Africa, targeting lenders who struggle to underwrite borrowers because reliable credit information remains scarce and disconnected across the region. CreditChek, founded in Lagos in 2021 by Kingsley Ibe and Lionel Orishane, pulls credit data from financial institutions, credit bureaus, - [The Kwik Shuffle: How a French Share Issue Put an African Tech Asset Beyond a European Court's Reach](https://launchbaseafrica.com/2026/06/09/the-kwik-shuffle-how-a-french-share-issue-put-an-african-tech-asset-beyond-a-european-courts-reach/) - The central conflict in the liquidation report involves an aggressive corporate restructuring that occurred months after the bankruptcy was declared. - [Egypt’s Biggest Bank Backs Fintech Unicorn MNT-Halan at $1.4bn Valuation](https://launchbaseafrica.com/2026/06/09/egypts-biggest-bank-backs-fintech-unicorn-mnt-halan-at-1-4bn-valuation/) - The National Bank of Egypt is the country’s largest and oldest bank, founded in 1898. It holds a 38.3% market share of total banking assets in ....MNT-Halan - [The Airtime Credit War: Nigeria Tangles with an Elusive FinTech Giant](https://launchbaseafrica.com/2026/06/08/the-airtime-credit-war-nigeria-tangles-with-an-elusive-fintech-giant/) - Optasia, the Dubai-based, Johannesburg-listed fintech formerly known as Channel VAS, has spent 12 years powering MTN Nigeria’s XtraTime airtime - [3IF Ventures Hits $12m First Close for Africa’s First Dedicated Insurtech Fund](https://launchbaseafrica.com/2026/06/05/3if-ventures-hits-12m-first-close-for-africas-first-dedicated-insurtech-fund/) - Impact venture capital firm 3IF Ventures has reached a $12m first close on its Inclusive Insurance Investment Fund, a vehicle built - [Charging Depots, Battery Swaps and Fleet Finance: The 5 Models Winning African EV Capital](https://launchbaseafrica.com/2026/06/05/charging-depots-battery-swaps-and-fleet-finance-the-5-models-winning-african-ev-capital/) - Charging Depots, Battery Swaps and Fleet Finance: The 5 Models Winning African EV Capital Look at the African electric mobility startups attracting the - [DBSA Doubles Down on EV Charging With Backing for Zimi](https://launchbaseafrica.com/2026/06/05/dbsa-doubles-down-on-ev-charging-with-backing-for-zimi/) - The Development Bank of Southern Africa (DBSA) has led a R50m ($2.6m) funding round for Stellenbosch-based Zimi, which provides electric - [From African Mines to AI Data Labs: Soros-Backed Fund Targets Supply Chain Blind Spots](https://launchbaseafrica.com/2026/06/04/from-african-mines-to-ai-data-labs-soros-backed-fund-targets-supply-chain-blind-spots/) - From African Mines to AI Data Labs: Soros-Backed Fund Targets Supply Chain Blind Spots The Soros Economic Development Fund...Soros African fund - [As VC Pulls Back, Cascador Bets $5.6m on Nigeria’s Growth-Stage Startups](https://launchbaseafrica.com/2026/06/04/as-vc-pulls-back-cascador-bets-5-6m-on-nigerias-growth-stage-startups/) - Seven ventures in clean energy, agriculture, AI and healthcare received catalytic funding from the Lagos-based accelerator, in a sign of continued investor appetite for Nigeria's real economy. - [EU-Backed Anara Capital Closes $48m to Fund North African Social Impact Startups](https://launchbaseafrica.com/2026/06/04/eu-backed-anara-capital-closes-48m-to-fund-north-african-social-impact-startups/) - Anara Capital has pulled in $48m of a $50m target for its first fund, giving the venture capital firm fresh firepower..to write seed and Series A - [Dawar Raises Debt Facilities to Bring Traceability to Egypt’s Recycling Industry](https://launchbaseafrica.com/2026/06/03/dawar-raises-debt-facilities-to-bring-traceability-to-egypts-recycling-industry/) - Egyptian platform Dawar Circular Solutions has secured nine-figure financing facilities denominated in Egyptian pounds from several domestic financial institutions. The funding comes from non-banking financial services provider GlobalCorp, trade finance and supply chain finance company Tawassou, and private sector banking group Commercial International Bank (CIB). The total value of the facilities is in the hundreds - [Franchising and the 90-Day Threshold](https://launchbaseafrica.com/2026/06/03/franchising-and-the-90-day-threshold/) - If you stepped away for 90 days, would your franchise brand survive?- By Larry Hodes, CEO Grow Franchising & FASA Board Member - [Local VCs Are Quietly Retreating From African Startup Cap Tables](https://launchbaseafrica.com/2026/06/03/local-vcs-are-quietly-retreating-from-african-startup-cap-tables/) - Local VCs Are Quietly Retreating From African Startup Cap Tables Investor appearances by Africa‑based funds fell 21 per cent in the first five months of 2026 - [E-Mobility, Stablecoins, and DFI Retreat to Debt: African Funding Themes Take Shape in 2026](https://launchbaseafrica.com/2026/06/03/e-mobility-stablecoins-and-dfi-retreat-to-debt-african-funding-themes-take-shape-in-2026/) - E-Mobility, Stablecoins, and DFI Retreat to Debt: African Funding Themes Take Shape in 2026 A surge of capital into electric vehicles, the arrival of - [Spiro Lands $215M to Expand Its Battery-Swapping Network for Africa’s Motorcycle Taxis](https://launchbaseafrica.com/2026/06/01/spiro-lands-215m-to-expand-its-battery-swapping-network-for-africas-motorcycle-taxis/) - The latest equity injection, disclosed today, comes just four months after a $50m debt facility and pushes total disclosed funding beyond $415m. - [SA Serial Founder Vinny Lingham Locks In Fastest Exit Yet With Rumi.ai Sale](https://launchbaseafrica.com/2026/06/02/sa-serial-founder-vinny-lingham-locks-in-fastest-exit-yet-with-rumi-ai-sale/) - South African-born serial entrepreneur and venture capitalist Vinny Lingham has secured yet another exit... - [The 90-Day Value Window: The New Playbook for Tech Hiring?](https://launchbaseafrica.com/2026/06/01/the-90-day-value-window-the-new-playbook-for-tech-hiring/) - Instead of matching salaries offered by banks, telcos, or remote global employers, early-stage companies can win by... - [Jumia Adds Former African Development Bank President to Board in Profitability Push](https://launchbaseafrica.com/2026/05/27/jumia-adds-former-african-development-bank-president-to-board-in-profitability-push/) - Jumia Adds Former African Development Bank President to Board in Profitability Push...Jumia’s board refresh is a calibrated step in its...Jumia African Bank - [The Elite Funnel: Why African Tech’s New Financing Mix Signals a Hollowing of the Core](https://launchbaseafrica.com/2026/05/29/the-elite-funnel-why-african-techs-new-financing-mix-signals-a-hollowing-of-the-core/) - As of late May 2026, African tech startups have raised a cumulative $793.43 million year-to-date. The ecosystem is currently running at roughly 79 - [Nearly 80% of African Startup Funding in May Was Debt](https://launchbaseafrica.com/2026/05/29/nearly-80-of-african-startup-funding-in-may-was-debt/) - Nearly 80% of African Startup Funding in May Was Debt...Equity mega-rounds have all but vanished....In May 2025, African startups raised roughly $235m - [Ghana’s Draft ICT Law Could Make Foreign-Backed Startups Illegal](https://launchbaseafrica.com/2026/05/26/ghanas-draft-ict-law-could-make-foreign-backed-startups-illegal/) - Last month, Parliament passed the Ghana Investment Promotion Authority Bill, 2026, a landmark reform that sweeps away the notorious minimum - [Agri-Fintech Startup Livestock Wealth Placed Under Liquidation After Failed Rescue Bid](https://launchbaseafrica.com/2026/05/28/south-african-agri-fintech-livestock-wealth-placed-under-liquidation-after-failed-rescue-bid/) - South Africa’s best‑known agricultural crowdfunding platform, Livestock Wealth, has been wound up by order of the Gauteng High Court - [South African Fintech Flagship Yoco Buys Restaurant Software Platform Dyner.ai](https://launchbaseafrica.com/2026/05/28/south-african-fintech-flagship-yoco-buys-restaurant-software-platform-dyner-ai/) - The South African payments group is bolting on an AI-native operating system for restaurants, while a new European CEO prepares to take the helm. - [NALA Secures up to $50M Credit Facility From MUFG-Backed Liquidity to Pre-Fund Stablecoin Payment Corridors](https://launchbaseafrica.com/2026/05/28/nala-secures-up-to-50m-credit-facility-from-mufg-backed-liquidity-to-pre-fund-stablecoin-payment-corridors/) - New York-based payments infrastructure company NALA has secured an initial $25 million credit facility from Liquidity, the AI-driven private credit provider - [The Anti-VC Pivot: Wasoko Founder Launches $100M Fund to Back Migration and Manufacturing](https://launchbaseafrica.com/2026/05/27/the-anti-vc-pivot-wasoko-founder-launches-100m-fund-to-back-migration-and-manufacturing/) - Daniel Yu, the founder of Wasoko, has launched a $100 million philanthropic fund to back companies that... - [CDC-CI Capital Extends Startup Funding Spree With $1.2M Injection Into Ivorian Ventures](https://launchbaseafrica.com/2026/05/27/cdc-ci-capital-extends-startup-funding-spree-with-1-2m-injection-into-ivorian-ventures/) - CDC-CI Capital, the investment arm of Côte d’Ivoire’s public deposit and consignment fund, has deployed a further CFA720 million ($1.2 million) into eight - [How an $800K African M&A Tech Deal Ran Into a 30-Year-Old Governance Trap](https://launchbaseafrica.com/2026/05/26/how-an-800k-african-ma-tech-deal-ran-into-a-30-year-old-governance-trap/) - The setback comes as Host Africa accelerates a buying spree that has already made it one of the most active consolidators in Africa’s fragmented - [Geographic Borders Blur as Africa-Focused Funds Chase Global Infrastructure](https://launchbaseafrica.com/2026/05/21/geographic-borders-blur-as-africa-focused-funds-chase-global-infrastructure/) - This developing trajectory raises questions among observers as to whether the current wave of funding serves the continent or quietly deprioritises....Africa - [Egypt’s Beltone Reaps 271% Venture Capital Revenue Jump as Bosta Exit Validates Strategy](https://launchbaseafrica.com/2026/05/25/egypts-beltone-reaps-271-venture-capital-revenue-jump-as-bosta-exit-validates-strategy/) - Beltone Holding’s corporate venture capital arm delivered a 271 per cent surge in operating revenue in the first quarter... - [Beyond Call Centres: Egypt Enters the Deeptech Race With Cash-for-Chips Incentives](https://launchbaseafrica.com/2026/05/25/beyond-call-centres-egypt-enters-the-deeptech-race-with-cash-for-chips-incentives/) - Egypt ’s technology story has long been anchored to a single image: rows of headset-wearing agents handling customer queries for European and American firms. - [From Profitability to $10M ARR: How Prembly Cracked Africa’s Identity Infrastructure](https://launchbaseafrica.com/2026/05/22/from-profitability-to-10m-arr-how-prembly-cracked-africas-identity-infrastructure/) - Africa’s identity problem is hiding in plain sight. Close to a billion people on the continent have no formal identification...Prembly - [Tether Bets on Africa’s Feature Phones in $4.4M Sorted Wallet Deal](https://launchbaseafrica.com/2026/05/25/tether-bets-on-africas-feature-phones-in-4-4m-sorted-wallet-deal/) - Digital asset companies Tether and Gnosis have co-led a $4.4 million seed round into Sorted Wallet, a Hong Kong-headquartered startup building a non-custodial stablecoin wallet designed to run on low-cost feature phones and entry-level smartphones. The investment marks a growing recognition among crypto infrastructure providers that the next wave of stablecoin adoption will come not - [Sabou Capital Injects $2M Into Nigerian Tomato Paste Maker Tomato Jos as Import Ban Reshapes Market](https://launchbaseafrica.com/2026/05/25/sabou-capital-injects-2m-into-nigerian-tomato-paste-maker-tomato-jos-as-import-ban-reshapes-market/) - Abuja-based investment firm Sabou Capital has extended a $2 million impact-linked debt facility to Tomato Jos Farming and Processing Limited - [African Startup Deal Tracker — Newest Deals](https://launchbaseafrica.com/2026/05/22/african-startup-deal-tracker-newest-deals-22/) - Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month. - [From Scale-Up to Step-Down: The Six Patterns Defining Africa’s Tech CEO Exodus](https://launchbaseafrica.com/2026/05/22/from-scale-up-to-step-down-the-six-patterns-defining-africas-tech-ceo-exodus/) - Within the span of roughly eighteen months, seven founder-CEOs at some of Africa’s most prominent venture-backed companies have stepped back...Tech CEO - [The $150m Pivot: Can Yango Outrun African Regulators by Targeting Smaller Cities?](https://launchbaseafrica.com/2026/05/21/the-150m-pivot-can-yango-outrun-african-regulators-by-targeting-smaller-cities/) - The Yandex-backed ride-hailing platform is betting big on African secondary cities. It might want to sort out its primary city problems first. - [Egyptian Mobility Startup ARRW Secures $4M to Scale Local Ride-Hailing](https://launchbaseafrica.com/2026/05/20/egyptian-mobility-startup-arrw-secures-4m-from-tasheed-egypt-to-scale-local-ride-hailing/) - The company, which bills itself as the country's first fully licensed ride-hailing app, will use the fresh capital to expand its driver network and upgrade its technical infrastructure. - [OpenAI, Google Mentors Join MEST’s Hunt for Africa’s AI Startup Talent](https://launchbaseafrica.com/2026/05/19/openai-google-mentors-join-mests-hunt-for-africas-ai-startup-talent/) - OpenAI, Google Mentors Join MEST’s Hunt for Africa’s AI Startup Talent..Africa’s longest-running software entrepreneurship school is making a fresh push - [AFC Injects $100M into African VC Funds to Bridge the Local Capital Gap](https://launchbaseafrica.com/2026/05/18/afc-injects-100m-into-african-vc-funds-to-bridge-the-local-capital-gap/) - Despite African startups raising $3.8bn in 2025, the vast majority of that venture funding flowed from international sources. - [GrowthLabs Acquires Startup Gate to Unify MENA’s Fragmented Tech Ecosystem](https://launchbaseafrica.com/2026/05/18/growthlabs-acquires-startup-gate-to-unify-menas-fragmented-tech-ecosystem/) - With the integration underway, GrowthLabs is stepping on the gas for geographic and product expansion. - [Appeal Dismissed, Liquidation Confirmed: Court Delivers Final Blow to Mastercard-Backed $106m African Startup Fund](https://launchbaseafrica.com/2026/05/15/appeal-dismissed-liquidation-confirmed-court-delivers-final-blow-to-mastercard-backed-106m-african-startup-fund/) - Appeal Dismissed, Liquidation Confirmed: Court Delivers Final Blow to Mastercard-Backed $106m African Startup Fund...The dismissal of the appeal ends any - [Fintech Unicorn dLocal Bets on the Middle East as Africa’s Turbulence Refuses to Settle](https://launchbaseafrica.com/2026/05/15/fintech-unicorn-dlocal-bets-on-the-middle-east-as-africas-turbulence-refuses-to-settle/) - Uruguay’s dLocal, the Nasdaq-listed payments platform that connects global merchants to emerging-market consumers, has quietly entered Qatar, Kuwait and - [London’s Lightrock Closes $500M Fund to Back Energy Access Firms Across Africa and Asia](https://launchbaseafrica.com/2026/05/15/londons-lightrock-closes-500m-fund-to-back-energy-access-startups-across-africa-and-asia/) - London-headquartered investment firm Lightrock has held a final close on a $500m fund dedicated to growth-stage companies working to close - [The Bottleneck at the Top: Get out of the Way for Business Growth](https://launchbaseafrica.com/2026/05/14/the-bottleneck-at-the-top-get-out-of-the-way-for-business-growth/) - The Bottleneck at the Top: Get out of the Way for Business Growth...75% of employees across sub-Saharan Africa are actively watching for or seeking a new job - [900% ROI: Behind the Aggressive Maths of South Africa’s Vehicle-Tracking Giant](https://launchbaseafrica.com/2026/05/14/900-roi-behind-the-aggressive-maths-of-south-africas-vehicle-tracking-giant/) - But for Karooooo, the Singapore-headquartered, Johannesburg-rooted vehicle-tracking group, the ZAR840m (US$51.2m) it poured into customer acquisition - [Why E Squared Investments Is Backing South Africa’s ‘All-Female’ Agritech Experiment](https://launchbaseafrica.com/2026/05/14/why-e-squared-investments-is-backing-south-africas-all-female-agritech-experiment/) - E Squared Investments, a South African impact fund, has announced its backing of a new agritech pilot in Diepsloot, Johannesburg. - [France’s Digital Africa Launches $58M Seed Fund to Back Overlooked African Tech Markets](https://launchbaseafrica.com/2026/05/13/frances-digital-africa-launches-58m-seed-fund-to-back-overlooked-african-tech-markets/) - The pan-African initiative backed by the French development finance system is launching its first dedicated seed vehicle, targeting 30 startups across 20 countries. - [Nigerian EV Startup MAX Secures $8m Debt to Power Pan-African Expansion](https://launchbaseafrica.com/2026/05/13/nigerian-ev-startup-max-secures-8m-debt-to-power-pan-african-expansion/) - Metro Africa Xpress (MAX), the Nigerian-born electric mobility and fintech platform, has secured $8m in debt financing from Dutch impact investor Triple Jump. The capital injection marks a significant step in the company’s transition toward an asset-backed lending model designed to scale its green fleet across West Africa. The deal, announced on Wednesday, was arranged - [Two Shutdowns in Two Years Raise Questions Over Canada-Africa Fintech Economics](https://launchbaseafrica.com/2026/05/13/two-shutdowns-in-two-years-raise-questions-over-canada-africa-fintech-economics/) - On April 30, 2026, Toronto-based Chimoney stopped accepting new transactions and began winding down operations. - [Namibia’s Bellatrix Launches $10M Fund to Tackle Southern Africa’s ‘Capital Desert’](https://launchbaseafrica.com/2026/05/12/namibias-bellatrix-launches-10m-fund-to-tackle-southern-africas-capital-desert/) - Windhoek-based Bellatrix Investment Managers is attempting to shift this narrative. The alternative investment firm has launched the Ndjaba Seed Fund, a $10m - [Beltone Clocks 75% IRR as it Exits Egyptian Logistics Play Bosta](https://launchbaseafrica.com/2026/05/11/beltone-clocks-75-irr-as-it-exits-egyptian-logistics-play-bosta/) - This transaction represents BVC’s fifth successful exit since it began operations in 2023 and the second for its joint vehicle with Citadel. - [Africa’s Payment Plumbing Gets a $2 Million Boost from France’s DFI](https://launchbaseafrica.com/2026/05/11/africas-payment-plumbing-gets-a-2-million-boost-from-frances-dfi/) - The $2 million ticket into the Guinean fintech is modest, but it signals growing development-finance appetite for the unglamorous plumbing that connects global money-senders to mobile wallets and cash agents on the continent - [The Quiet Exit: Mobilemart Sells to Lesaka in $2.5m All-Cash Deal](https://launchbaseafrica.com/2026/05/07/the-quiet-exit-mobilemart-sells-to-lesaka-in-2-5m-all-cash-deal/) - Lesaka Technologies has acquired Mobilemart, a South African fintech, in an all-cash transaction valued at $2.5 million, regulatory filings show. The deal - [Kenya’s Apollo Agriculture Rides Securitisation Wave with $2.1M Local-Currency Deal](https://launchbaseafrica.com/2026/05/07/kenyas-apollo-agriculture-rides-securitisation-wave-with-2-1m-local-currency-deal/) - Kenya’s Apollo Agriculture Rides Securitisation Wave with $2.1M Local-Currency Deal...For years, lending to smallholder farmers in Africa was viewed by - [SA's Yoco Hands CEO Role to German Turnaround Specialist as Founders Step Back](https://launchbaseafrica.com/2026/05/06/sas-yoco-hands-ceo-role-to-german-turnaround-specialist-as-founders-step-back/) - South African fintech Yoco has appointed German executive Carsten Höltkemeyer as its next chief executive, handing the reins of a 200,000-merchant payments - [Africa’s New VC Funds Missing from Early 2026 Dealmaking](https://launchbaseafrica.com/2026/05/06/africas-new-vc-funds-missing-from-early-2026-dealmaking/) - Africa’s New VC Funds Missing from Early 2026 Dealmaking...TLcom Capital, Partech Africa II, VestedWorld and Mirova Gigaton each logged two deals. - [EFG Hermes Tests ‘Skunkworks’ Playbook Again as Education Platform Files for EGX Listing](https://launchbaseafrica.com/2026/05/06/efg-hermes-tests-skunkworks-playbook-again-as-education-platform-files-for-egx-listing/) - Monday that its less‑glamorous but fast‑consolidating education asset, Egypt Education Platform (EEP), be admitted to the same market. - [From Scale-ups to ‘Foreign Agents’: Uganda’s Fintechs Face a Regulatory Death Sentence](https://launchbaseafrica.com/2026/05/05/from-scale-ups-to-foreign-agents-ugandas-fintechs-face-a-regulatory-death-sentence/) - Parliament in Uganda faces a defining, if deeply paradoxical, moment as lawmakers prepare to debate the Protection of Sovereignty Bill, 2026. The legislation - [Fintech Unicorn Wave Tightens Its Grip on Senegal With a Push Into Healthcare Payments](https://launchbaseafrica.com/2026/05/05/fintech-unicorn-wave-tightens-its-grip-on-senegal-with-a-push-into-healthcare-payments/) - The move places Wave — already one of the most dominant financial technology players in francophone Africa — at the centre of another critical public service. - [Nigeria’s Alerzo Dissolves Singapore SPVs Amid Asset Freeze and Legal Battle](https://launchbaseafrica.com/2026/05/04/nigerias-alerzo-dissolves-singapore-spvs-amid-asset-freeze-and-legal-battle/) - The dissolutions, published in Singapore’s Government Gazette in late April 2026, arrive just two months after a Nigerian federal court granted...Alerzo - [From Mini-Grids to Solar Homes: FEI Expands Its Mandate With $750m Target](https://launchbaseafrica.com/2026/05/04/from-mini-grids-to-solar-homes-fei-expands-its-mandate-with-750m-target/) - Facility for Energy Inclusion...The pan-African structured debt fund, managed by Cygnum Capital, plans to more than double its assets under management - [Ghana-Founded Insurtech Pioneer Bima to be Acquired in $119m Digital Health Roll-Up](https://launchbaseafrica.com/2026/05/04/ghana-founded-insurtech-pioneer-bima-to-be-acquired-in-119m-digital-health-roll-up/) - Ghana-Founded Insurtech Pioneer Bima to be Acquired in $119m Digital Health Roll-Up....The FMCG distribution startup is battling a $2.8m debt...Bima - [The Quiet Extinction of the African Seed Round: Ten Hard Truths From April’s Funding Data](https://launchbaseafrica.com/2026/05/01/the-quiet-extinction-of-the-african-seed-round-ten-hard-truths-from-aprils-funding-data/) - The Quiet Extinction of the African Seed Round: Ten Hard Truths From April’s Funding Data...African startups raised $184.7 million in disclosed funding - [Debt Structures Drive $185m Rebound in African Tech Funding in March](https://launchbaseafrica.com/2026/05/01/debt-structures-drive-185m-rebound-in-african-tech-funding-in-march/) - African tech companies secured $184.7m in disclosed funding in April, marking a sharp month-on-month recovery driven by a pronounced ...African tech funding - [South African Logistics Startup Shiprazor Secures $2.65m to Streamline E-Commerce Deliveries](https://launchbaseafrica.com/2026/04/30/south-african-logistics-startup-shiprazor-secures-2-65m-to-streamline-e-commerce-deliveries/) - Founded in 2023 by CEO Sahil Affriya, Shiprazor operates as an infrastructure layer connecting online merchants with a disparate network of delivery providers. - [African Biotech Investor OneBio Secures $6m First Close in Test for Continent’s Deep Science Sector](https://launchbaseafrica.com/2026/04/30/african-biotech-investor-onebio-secures-6m-first-close-in-test-for-continents-deep-science-sector/) - OneBio Venture Studio, a Cape Town-basedinvestment firm focused on commercialising life sciences, has reached a R100m...The fundraising effort marks a notable - [The Hidden Machinery Behind Egypt’s Quiet Adtech Exit Boom](https://launchbaseafrica.com/2026/04/29/the-hidden-machinery-behind-egypts-quiet-adtech-exit-boom/) - The Hidden Machinery Behind Egypt’s Quiet Adtech Exit Boom - [More Cards, More Cash: The Contradiction at the Heart of Central African Fintech](https://launchbaseafrica.com/2026/04/29/more-cards-more-cash-the-contradiction-at-the-heart-of-central-african-fintech/) - a largely unknown interoperability platform is accumulating evidence that card-based payments can work in Central Africa — provided the - [Fawry Taps the EBRD to Supercharge Its Lending Arm](https://launchbaseafrica.com/2026/04/29/fawry-taps-the-ebrd-to-supercharge-its-lending-arm/) - Fawry, Egypt’s largest electronic payments network, is accelerating its push into direct lending, securing a EGP 250m ($5.1m) financing facility from the - [Who Funds the Outliers? US Investors Are Bankrolling Nigeria’s Most Experimental Deals](https://launchbaseafrica.com/2026/04/29/who-funds-the-outliers-us-investors-are-bankrolling-nigerias-most-experimental-deals/) - Who Funds the Outliers? US Investors Are Bankrolling Nigeria’s Most Experimental Deals...Analysis draws on a cross-sectional dataset of African startup - [The Franchise Ceiling Nobody Talks About](https://launchbaseafrica.com/2026/04/28/the-franchise-ceiling-nobody-talks-about/) - South Africa has one of the highest rates of franchise sector participation of any economy. It is also quietly running out of the people who make the - [Egypt’s Central Bank Removes Ownership Cap on Fintechs, Clearing the Way for Bank Acquisitions](https://launchbaseafrica.com/2026/04/28/egypts-central-bank-removes-ownership-cap-on-fintechs-clearing-the-way-for-bank-acquisitions/) - Egypt’s Central Bank Removes Ownership Cap on Fintechs, Clearing the Way for Bank Acquisitions...Egypt’s banking sector gained a significant new - [The Battle for Driver Financing: Gozem’s $24.5M Debt Raise Raises the Stakes for Regional Rivals](https://launchbaseafrica.com/2026/04/28/the-battle-for-driver-financing-gozems-24-5m-debt-raise-raises-the-stakes-for-regional-rivals/) - Gozem, the Francophone West and Central African super-app platform, is set to receive up to €21 million ($24.5M) in debt financing from the International - [Dodai Raises $13m Series A to Scale EV Battery-Swapping in Ethiopia](https://launchbaseafrica.com/2026/04/28/dodai-raises-13m-series-a-to-scale-ev-battery-swapping-in-ethiopia/) - Three years ago, when electric mobility was still an experimental idea in much of Africa, Japanese entrepreneur Yuma Sasaki made an unconventional choice. - [Strait of Hormuz Shock: How Regional Turmoil Accelerated Egypt’s High-Voltage Ambitions](https://launchbaseafrica.com/2026/04/27/strait-of-hormuz-shock-how-regional-turmoil-accelerated-egypts-high-voltage-ambitions/) - Disruptions to tanker traffic through the Strait of Hormuz — which typically handles 20% of global oil flows — have slashed exports through the corridor from 20 million barrels per day to 3.8 million during peak disruptions. - [South Africa’s AI Framework Fails the Ultimate Turing Test](https://launchbaseafrica.com/2026/04/27/south-africas-ai-framework-fails-the-ultimate-turing-test/) - South Africa’s AI Framework Fails the Ultimate Turing Test...In what can only be described as a spectacular crash at the intersection of bureaucratic ambition - [From Telecom Rails to Tech Exits: How Egypt’s A15 Turns Startups Into Acquisition Targets](https://launchbaseafrica.com/2026/04/27/from-telecom-rails-to-tech-exits-how-egypts-a15-turns-startups-into-acquisition-targets/) - From Telecom Rails to Tech Exits: How Egypt’s A15 Turns Startups Into Acquisition Targets...Karam, reflecting on the broader lesson from Viral Wave’s trajectory - [The Ghostwriters of Africa’s Tech Boom](https://launchbaseafrica.com/2026/04/25/the-ghostwriters-of-africas-tech-boom/) - The Ghostwriters of Africa’s Tech Boom...Sixteen months ago, Kabelo Mokoena* was on a flight to Lagos to interview the founder of a fintech startup that had - [From M-Pesa to Flutterwave: Why Africa Built the Systems the World Now Needs](https://launchbaseafrica.com/2026/04/24/from-m-pesa-to-flutterwave-why-africa-built-the-systems-the-world-now-needs/) - M-Pesa, launched in Kenya in 2007, is the most cited example, but the pattern extends far beyond it. Sub-Saharan Africa now accounts for roughly two-thirds of - [78% Below Cost: The Unforgiving Math Behind Digital Health Startup Vezeeta’s Pivot to Bricks and Mortar](https://launchbaseafrica.com/2026/04/24/78-below-cost-the-unforgiving-math-behind-digital-health-startup-vezeetas-pivot-to-bricks-and-mortar/) - Egyptian healthtech Vezeeta will manage and operate a full medical building inside a new Cairo mixed-use development, a leap into physical healthcare delivery - [An 85% Chance of a $3.1bn IPO Within Two Years: Inside Opera’s High‑Stakes OPay Bet](https://launchbaseafrica.com/2026/04/24/an-85-chance-of-a-3-1bn-ipo-within-two-years-inside-operas-high-stakes-opay-bet/) - Norwegian-listed browser group Opera assigns an 85% probability to a listing of Nigerian fintech OPay within two years...The disclosure shows that Oslo-based - [Why Several African Fintechs Just Quietly Registered in Canada](https://launchbaseafrica.com/2026/04/24/why-several-african-fintechs-just-quietly-registered-in-canada/) - Why Several African Fintechs Just Quietly Registered in Canada...When Canada’s Retail Payment Activities Act (RPAA) closed its transition period at the start - [Only One in Eight African Tech Investors Wrote Repeat Cheques Last Year. Here’s Why It Matters](https://launchbaseafrica.com/2026/04/23/only-one-in-seven-african-tech-investors-wrote-repeat-cheques-last-year-heres-what-it-means-for-your-next-raise/) - Only One in Seven African Tech Investors Wrote Repeat Cheques Last Year. Here’s What It Means for Your Next Raise..A cross-sectional analysis of investor - [Google Joins the Infrastructure Wave: Why the Latest African Cohort is Swapping Apps for ‘AI Plumbing’](https://launchbaseafrica.com/2026/04/23/google-joins-the-infrastructure-wave-why-the-latest-african-cohort-is-swapping-apps-for-ai-plumbing/) - Data from the 10th cohort of the Google for Startups Accelerator Africa, set to run through the second quarter of 2026, has revealed a sharp.... - [Why Your 25% Growth Spike Might Be the Worst Thing for Your Operations](https://launchbaseafrica.com/2026/04/22/why-your-25-growth-spike-might-be-the-worst-thing-for-your-operations/) - Your business is always talking to you. Are you listening? By Thuto Motsie CA(SA), CEO of Thamani - [Egyptian Fintech Bokra Secures VC Licence to Take on Banks and VCs](https://launchbaseafrica.com/2026/04/22/egyptian-fintech-bokra-secures-vc-licence-to-take-on-banks-and-vcs/) - Bokra, a Sharia-compliant fintech operating in Egypt, is the latest to formalise its challenge to the market’s incumbents. - [Former Molten Ventures CEO Moves Into Southern African Secondaries With New £50m Fund](https://launchbaseafrica.com/2026/04/21/former-molten-ventures-ceo-moves-into-southern-african-secondaries-with-new-50m-fund/) - Launch Africa Ventures has been appointed investment advisor to the Botswana Tech Fund (BTF), a newly established multi-stage venture capital - [Nigerian Fintech Bfree Secures New Funding to Buy Up Africa’s Bad Loans](https://launchbaseafrica.com/2026/04/21/nigerian-fintech-bfree-secures-new-funding-to-buy-up-africas-bad-loans/) - Lagos-headquartered credit management startup Bfree has quietly raised $3.1m from undisclosed investors, Launch Base Africa has learned - [Profit, Pivot, and Panic: Swvl Faces Nasdaq Delisting Threat Despite $1.3m Turnaround](https://launchbaseafrica.com/2026/04/20/profit-pivot-and-panic-swvl-faces-nasdaq-delisting-threat-despite-1-3m-turnaround/) - Swvl, the Egypt-founded and Dubai-headquartered mass transit technology company, posted its first annual profit since going public via a SPAC deal in 2022 - [A New Expansion Map: African Startups Redraw Routes Through Accra](https://launchbaseafrica.com/2026/04/20/a-new-expansion-map-african-startups-redraw-routes-through-accra/) - Over the last 24 months, Ghana has quietly positioned itself as the strategic anchor for African startups executing regional expansions. - [13 Charts From a Decade of African Exits — And the Uncomfortable Takeaway](https://launchbaseafrica.com/2026/04/20/13-charts-from-a-decade-of-african-exits-and-the-uncomfortable-takeaway/) - 13 Charts From a Decade of African Exits — And the Uncomfortable Takeaway...Over the past decade, Africa’s startup ecosystem has recorded hundreds of documented - [Major ValU Investor Sells Down Stake in First Secondary Deal Since Listing](https://launchbaseafrica.com/2026/04/20/major-valu-investor-sells-down-stake-in-first-secondary-deal-since-listing/) - EFG Finance Holding has sold 53.8m shares in the Egyptian fintech company, marking one of the first significant secondary transactions since ValU - [End of the $500k Barrier for Foreign-Owned Firms: What Ghana’s New Investment Law Means for Tech Founders](https://launchbaseafrica.com/2026/04/17/end-of-the-500k-barrier-for-foreign-owned-firms-what-ghanas-new-investment-law-means-for-tech-founders/) - The country's first major overhaul of investment law in over a decade removes the capital entry thresholds that have quietly blocked hundreds of foreign founders from registering in Ghana. - [South African Fintech Adumo Investigates Alleged Source Code Leak](https://launchbaseafrica.com/2026/04/17/south-african-fintech-adumo-investigates-alleged-source-code-leak/) - The payment processor, which handles over R100bn annually and was acquired by Lesaka Technologies in 2024, has seen its internal code offered for sale - [African Startup Deal Tracker — Newest Deals](https://launchbaseafrica.com/2026/04/16/african-startup-deal-tracker-newest-deals-21/) - This month’s edition of the African Startup Deal Tracker delves into these under-the-radar transactions, encompassing pre-seed funding - [The $350m Proof: Inside South Africa’s Rising Cult of the Bootstrapped Exit](https://launchbaseafrica.com/2026/04/15/the-350m-proof-inside-south-africas-rising-cult-of-the-bootstrapped-exit/) - The $350m Proof: Inside South Africa’s Rising Cult of the Bootstrapped Exit...For Leonard Shenker and Dan Wagner, co-founders of Johannesburg-based bill - [South African Medtech AI Diagnostics Lands $5m to Tackle the TB Epidemic With AI Stethoscopes](https://launchbaseafrica.com/2026/04/15/south-african-medtech-ai-diagnostics-lands-5m-to-tackle-the-tb-epidemic-with-ai-stethoscopes/) - The Cape Town-based startup will use the pre-Series A funding to scale its digital stethoscope - [The 11-Day Hustle: How Two Senior Employees Tried to Clone a South African Mining Tech Leader (And Failed)](https://launchbaseafrica.com/2026/04/15/the-11-day-hustle-how-two-senior-employees-tried-to-clone-a-south-african-mining-tech-leader-and-failed/) - The 11-Day Hustle: How Two Senior Employees Tried to Clone a South African Mining Tech Leader (And Failed)...In the startup ecosystem, spinning out of... - [The New Debt Fund Bringing $50k Tickets Back to African Climate Tech](https://launchbaseafrica.com/2026/04/15/the-new-debt-fund-bringing-50k-tickets-back-to-african-climate-tech/) - London-based clean energy financier Charm Impact is looking to rewire that system. The firm has announced the $6.25m first close of Hummingbird One - [Europe’s Investors Rally Behind New Push to Fund Africa’s AI Startups](https://launchbaseafrica.com/2026/04/14/europes-investors-rally-behind-new-push-to-fund-africas-ai-startups/) - French state-backed initiative Digital Africa is pooling resources with a consortium of major European and African investors to back early-stage artificial - [GIP Secures $20m as Ghanaian Pension Funds Ditch Government Debt for Private Equity](https://launchbaseafrica.com/2026/04/13/gip-secures-20m-as-ghanaian-pension-funds-ditch-government-debt-for-private-equity/) - Growth Investment Partners (GIP) — an SME financing platform established by British International Investment (BII), the UK’s development finance institution and - [Meet the 9 VCs Tasked With Deploying Morocco’s New $270m Startup War Chest](https://launchbaseafrica.com/2026/04/13/meet-the-9-vcs-tasked-with-deploying-moroccos-new-270m-startup-war-chest/) - Morocco is moving to plug a historic funding gap for its tech ecosystem, shortlisting nine local and international fund managers to deploy 2.5bn dirhams.... - [Sunset for the Blue Flame: Koko Networks Begins Its Final Liquidation Journey](https://launchbaseafrica.com/2026/04/10/sunset-for-the-blue-flame-koko-networks-begins-its-final-liquidation-journey/) - Employees, some of whom are owed salary arrears following the abrupt February shutdown, will rank behind secured creditors under Kenyan insolvency law. - [Standard Bank Leads $330m Refinancing for JSE-Listed AI Fintech Optasia](https://launchbaseafrica.com/2026/04/10/standard-bank-leads-330m-refinancing-for-jse-listed-ai-fintech-optasia/) - Standard Bank has reinforced its position as the primary financier for Africa’s tech giants, announcing today it has led a $330m....Optasia - [From Kitchens to Cockpits: The Egyptian Startup Turning Cooking Oil Into a 25x Investor Return](https://launchbaseafrica.com/2026/04/10/from-kitchens-to-cockpits-the-egyptian-startup-turning-cooking-oil-into-a-25x-investor-return/) - Government-backed investment platform Falak Startups has officially exited its position in alternative energy startup Delta Oil - [The ‘Early-Stage Hollow’: Is the Rise of Successor Funds Leaving African Seed Founders Behind?](https://launchbaseafrica.com/2026/04/10/the-early-stage-hollow-is-the-rise-of-successor-funds-leaving-african-seed-founders-behind/) - The ‘Early-Stage Hollow’: Is the Rise of Successor Funds Leaving African Seed Founders Behind?...In African venture capital, the dollar figure on a term sheet - [“We’re Not Monitoring Energy — We’re Deciding What Happens Next”: Inside PowerLabs’ Bet on Automation](https://launchbaseafrica.com/2026/04/10/were-not-monitoring-energy-were-deciding-what-happens-next-inside-powerlabs-bet-on-automation/) - “We’re Not Monitoring Energy — We’re Deciding What Happens Next”: Inside PowerLabs’ Bet on Automation...For businesses operating in Nigeria - [The Ultimate Corporate Shield? How SA Fintech Lesaka Escaped the $5m Ghost of Its Liquidated Subsidiary](https://launchbaseafrica.com/2026/04/09/the-ultimate-corporate-shield-how-sa-fintech-lesaka-escaped-the-5m-ghost-of-its-liquidated-subsidiary/) - Cash Paymaster Services, the defunct South African fintech and subsidiary of Lesaka Technologies that administered welfare payments to millions... - [Breega Deepens African Push With Pre-Seed Investment in Nigerian Energy Startup PowerLabs](https://launchbaseafrica.com/2026/04/09/breega-deepens-african-push-with-pre-seed-investment-in-nigerian-energy-startup-powerlabs/) - Breega is continuing its expansion into the African tech ecosystem, leading an undisclosed pre-seed round into Lagos-based energy tech startup PowerLabs. - [“No Shortcuts Through the Data”: How Intron is Building African Voice Infrastructure from Scratch](https://launchbaseafrica.com/2026/04/09/no-shortcuts-through-the-data-how-intron-is-building-african-voice-infrastructure-from-scratch/) - Tobi Olatunji, a physician-turned-machine-learning-scientist, founded Intron to build a localized speech infrastructure capable of handling Africa’s - [Renew Capital Is Hunting for Founders Who Can Unlock Africa’s $330bn Untapped Credit Market](https://launchbaseafrica.com/2026/04/09/renew-capital-is-hunting-for-founders-who-can-unlock-africas-330bn-untapped-credit-market/) - Pan-African investment firm Renew Capital has launched a new venture program aimed at startups building embedded finance solutions across the continent. - [Madica Backs AI-First African Startups as It Refines Its Pre-Seed Playbook](https://launchbaseafrica.com/2026/04/08/madica-backs-ai-first-african-startups-as-it-refines-its-pre-seed-playbook/) - Madica, the pre-seed investment vehicle designed to bridge funding gaps for underrepresented African founders, has announced - [Hassanein Hiridjee’s Outsized Stake Reshapes Power at Jumia Technologies](https://launchbaseafrica.com/2026/04/08/hassanein-hiridjees-outsized-stake-reshapes-power-at-jumia-technologies/) - Whether this influence evolves into a full takeover remains uncertain. - [Endeavor SA Closes $13.6M Co-Investment Fund to Target the Late-Stage Liquidity Gap](https://launchbaseafrica.com/2026/04/07/endeavor-sa-closes-13-6m-co-investment-fund-to-target-the-late-stage-liquidity-gap/) - Endeavor South Africa has reached a final close of R230 million ($13.6 million) for its Harvest Fund III. The vehicle, structured as a rules-based - [Egyptian Fintech Lucky Hits Profitability, Raises $23m Series B for North African Expansion](https://launchbaseafrica.com/2026/04/07/egyptian-fintech-lucky-hits-profitability-raises-23m-series-b-for-north-african-expansion/) - Egyptian consumer credit startup Lucky has raised a $23m Series B funding round, comprising a mix of equity and debt...Lucky - [Morocco’s Hanout Wars: Three Startups, $10m, and One Corner Shop](https://launchbaseafrica.com/2026/04/06/moroccos-hanout-wars-three-startups-10m-and-one-corner-shop/) - Morocco’s Hanout Wars: Three Startups, $10m, and One Corner Shop...Z.systems has closed a $1.65 million funding round led by Azur Innovation Fund, - [BCEAO Sets Hard Deadline for Fintechs Stalling on West Africa’s Interoperable Payments Network](https://launchbaseafrica.com/2026/04/03/bceao-sets-hard-deadline-for-fintechs-stalling-on-west-africas-interoperable-payments-network/) - The Central Bank of West African States (BCEAO) has drawn a definitive line in the sand. By June 30, 2026, all financial institutions and mobile money operators - [Egyptian Covid-Era Biotech Reme-D Lands New Backing to Tackle Africa’s Diagnostic Crisis](https://launchbaseafrica.com/2026/04/06/egyptian-covid-era-biotech-reme-d-lands-new-backing-to-tackle-africas-diagnostic-crisis/) - Egypt-based biotech startup Reme-D has secured a $500,000 investment from the Global Innovation Fund (GIF). The capital will be used to - [Optasia’s Growth Is Coming From Where Few Investors Are Looking](https://launchbaseafrica.com/2026/04/06/optasias-growth-is-coming-from-where-few-investors-are-looking/) - When Optasia listed on the Johannesburg Stock Exchange in November 2025, the headline narrative was straightforward...The practical consequence is - [The Hidden Limits of Flutterwave’s ‘New’ Bank](https://launchbaseafrica.com/2026/04/06/the-hidden-limits-of-flutterwaves-new-bank/) - Last week, Africa’s most valuable fintech Flutterwave announced that it had obtained a microfinance bank (MfB) license from the Central Bank of Nigeria - [Fintech Unicorn Flutterwave Lands Banking License to Take on Nigeria’s Digital Incumbents](https://launchbaseafrica.com/2026/04/02/fintech-unicorn-flutterwave-lands-banking-license-to-take-on-nigerias-digital-incumbents/) - Fintech Unicorn Flutterwave Lands Banking License to Take on Nigeria’s Digital Incumbents.... - [Egypt Bears Brunt of Regional War as African Startup Funding Dips 8% in Q1](https://launchbaseafrica.com/2026/04/01/egypt-bears-brunt-of-regional-war-as-african-startup-funding-dips-8-in-q1/) - African startups raised $67.25m in disclosed funding during March 2026, according to data compiled byLaunch Africa Base, as escalating conflict....Egypt - [Five Brutal Truths About African Tech in Q1 2026](https://launchbaseafrica.com/2026/04/02/five-brutal-truths-about-african-tech-in-q1-2026/) - Five Brutal Truths About African Tech in Q1 2026....Two years ago, the standard pitch for investing in an African startup carried a familiar - [Flourish Ventures Backs Flutterwave Stablecoin Partner Kulipa in $6.2m Seed Round](https://launchbaseafrica.com/2026/04/02/flourish-ventures-backs-flutterwave-stablecoin-partner-kulipa-in-6-2m-seed-round/) - Paris-based fintech infrastructure platform Kulipa has raised a $6.2 million seed round to expand its stablecoin-native card issuing network across - [Egypt’s MNT-Halan Raises $41.3m in Fresh Securitisation to Fuel Lending Growth](https://launchbaseafrica.com/2026/04/01/egypts-mnt-halan-raises-41-3m-in-fresh-securitisation-to-fuel-lending-growth/) - Hala Consumer Finance, the consumer lending arm of Egyptian fintech MNT-Halan, has completed a 2.214bn Egyptian pound ($41.3m) securitisation bond issuance. - [South Africa’s OneBio Secures Funding to Build Africa’s ‘Biotech Factory’ Amid a Deep Tech Reality Check](https://launchbaseafrica.com/2026/04/01/south-africas-onebio-secures-funding-to-build-africas-biotech-factory-amid-a-deep-tech-reality-check/) - In an ecosystem dominated by fintech and e-commerce, commercialising deep science in Africa remains a formidable challenge. Now, Cape Town-based OneBio - [Laptops, Data Bundles and $36k: The Unlikely New Saviours of Nigerian Early-Stage Tech](https://launchbaseafrica.com/2026/04/01/laptops-data-bundles-and-36k-the-unlikely-new-saviours-of-nigerian-early-stage-tech/) - Nigeria’s venture capital ecosystem, once the most-funded on the African continent, is being asked to recover partly ...Nigerian Early-Stage Tech - [Cascador Is Hunting for 12 African Scaleups to Back From Its $5m Fund, After Its Alumni Raised $125m](https://launchbaseafrica.com/2026/04/01/cascador-is-hunting-for-12-african-scaleups-to-back-from-its-5m-fund-after-its-alumni-raised-125m/) - Cascador, an Africa-focused platform that unlocks the potential of the region’s most transformative entrepreneurs, has today announced the opening - [Defense, Logistics and the ‘Home’ Bias: Mapping Africa’s Q1 Startup Capital Flows](https://launchbaseafrica.com/2026/04/01/defense-logistics-and-the-home-bias-mapping-africas-q1-startup-capital-flows/) - The flow of venture capital into African technology startups has long been characterised by a reliance on foreign, particularly US, investors. - [Africa’s Most Active Startup Investors in Q1 2026 — and Where They Put Their Money](https://launchbaseafrica.com/2026/04/01/africas-most-active-startup-investors-in-q1-2026-and-where-they-put-their-money/) - African startups raised $554.5m in the first quarter of 2026, marking an 8.2% decline from the $604.57m secured during the same period in 2025. - [African Startup Deal Tracker — Newest Deals](https://launchbaseafrica.com/2026/03/27/african-startup-deal-tracker-newest-deals-20/) - Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month. - [Novastar Closes $147m Africa Climate Fund as Japanese Corporates Pile Into VC](https://launchbaseafrica.com/2026/03/31/novastar-closes-147m-africa-climate-fund-as-japanese-corporates-pile-into-vc/) - African venture capital firm Novastar Ventures has announced the final close of its Africa People and Planet Fund III (NVIII) at $147m. While the - [Middle East Conflict Forces Egypt’s Financial Sector into Remote Work as Petroleum Bill Hits $2.5bn](https://launchbaseafrica.com/2026/03/31/middle-east-conflict-forces-egypts-financial-sector-into-remote-work-as-petroleum-bill-hits-2-5bn/) - Faced with an escalating energy crisis driven by regional instability, Egypt’s financial regulators have mandated that the country’s banking and ....Egypt - [Breega Nets $8.5m From AfDB as Development Bank Ramps Up VC Appetite](https://launchbaseafrica.com/2026/03/30/breega-nets-8-5m-from-afdb-as-development-bank-ramps-up-vc-appetite/) - The African Development Bank Group (AfDB) has approved a €7.5m ($8.5m) investment into the Breega Africa Seed I Fund, aiming to plug the persistent - [Egypt Salvages Startup Accelerator After USAID Collapse](https://launchbaseafrica.com/2026/03/30/egypt-salvages-startup-accelerator-after-usaid-collapse/) - ITIDA stepped in to fund a programme that lost its US development finance backing, as 61 startups from Upper Egypt collectively attracted EGP 200 million - [Bonds to Builders: Ci Gaba Hits $35m First Close to Turn Ghana’s Pensions into Venture LPs](https://launchbaseafrica.com/2026/03/27/ghanas-ci-gaba-hits-35m-first-close-as-local-pensions-eye-private-markets/) - Ghana’s Ci Gaba Hits $35m First Close as Local Pensions Eye Private Markets...A policy push in Accra is reshaping who finances growth companies in West Africa - [Eskom’s Monopoly Gets a Reprieve as South Africa Stalls Energy Trading, Millions in Limbo](https://launchbaseafrica.com/2026/03/26/eskoms-monopoly-gets-a-reprieve-as-south-africa-stalls-energy-trading-millions-in-limbo/) - For 100 years, state utility Eskom held a vertical monopoly. SAWEM was designed to be the “Great Decoupling,” allowing independent power producers - [SafeBoda Pivots to Corporate Clients as Kampala’s Regulatory Crackdown Threatens Its Ride-Hailing Core](https://launchbaseafrica.com/2026/03/27/safeboda-pivots-to-corporate-clients-as-kampalas-regulatory-crackdown-threatens-its-ride-hailing-core/) - SafeBoda Pivots to Corporate Clients as Kampala’s Regulatory Crackdown Threatens Its Ride-Hailing Core...Ugandan mobility startup SafeBoda has officially - [FirstRand Doubles Down on AI Lender Optasia as SA Banks Hunt for Fintech Exits](https://launchbaseafrica.com/2026/03/26/firstrand-doubles-down-on-ai-lender-optasia-as-sa-banks-hunt-for-fintech-exits/) - This acquisition builds upon FirstRand’s initial strategic investment in October 2025, when the bank took a 20.1% stake in the fintech. - [Nigeria’s Digital Natives Are in Financial Distress. Tech Firms Should Be Worried.](https://launchbaseafrica.com/2026/03/26/nigerias-digital-natives-are-in-financial-distress-tech-firms-should-be-worried/) - For the better part of a decade, Nigeria ’s consumer technology sector has operated on a beautifully straightforward, highly fundable demographic premise: - [The Five Countries Capturing 90% of Africa’s AI Funding](https://launchbaseafrica.com/2026/03/25/the-five-countries-capturing-90-of-africas-ai-funding/) - The Five Countries Capturing 90% of Africa’s AI Funding....When foreign investors discuss artificial intelligence in Africa, they tend to reach for breathless - [Apis Logs $1B in Gains as iKhokha and Baobab Deals Heat Up African Fintech ](https://launchbaseafrica.com/2026/03/25/apis-logs-1b-in-gains-as-ikhokha-and-baobab-deals-heat-up-african-fintech/) - Private equity firm Apis Partners has crossed the $1bn threshold in portfolio realisations across its first two funds, providing - [Egypt’s Telda Abandons the Unbanked to Chase Egypt’s Consumer Credit Boom](https://launchbaseafrica.com/2026/03/25/egypts-telda-abandons-the-unbanked-to-chase-egypts-consumer-credit-boom/) - Telda, the Egyptian fintech that launched with promises to bank the country’s poorest citizens, has secured a consumer finance licence from the Financial - [Zipline Chases US Scale With Fresh $200M as Sovereign Debt Strains African Network](https://launchbaseafrica.com/2026/03/25/zipline-chases-us-scale-with-fresh-200m-as-sovereign-debt-strains-african-network/) - Zipline, the autonomous deliverystartup famously launched by dropping blood supplies over rural Rwanda in 2014, has secured an additional $200m. - [The $267bn Crown: Wave Edges Closer to Dethroning Orange in West Africa](https://launchbaseafrica.com/2026/03/24/the-267bn-crown-wave-edges-closer-to-dethroning-orange-in-west-africa/) - In 2024, the eight member states of the West African Economic and Monetary Union — known by its French acronym UEMOA — processed 11 billion mobile...Wave - [South African Fintech Littlefish Secures $9.5M Series A, Moves Past Founder Legal Dispute](https://launchbaseafrica.com/2026/03/24/south-african-fintech-littlefish-secures-9-5m-series-a-moves-past-founder-legal-dispute/) - Littlefish, a South African fintech building white-labelled merchant infrastructure for financial institutions, has raised a $9.5m Series A round. - [Moniepoint Rides Wave of Nigerian Fintech Consolidation as Venture Funding Retreats](https://launchbaseafrica.com/2026/03/23/moniepoint-rides-wave-of-nigerian-fintech-consolidation-as-venture-funding-retreats/) - Moniepoint, the Visa-backed Nigerian fintech unicorn, has acquired cloud-based restaurant management platform Orda. The move is the latest in a string - [South Africa’s University Technology Fund Leans Into Alumni for New Startup Thesis](https://launchbaseafrica.com/2026/03/23/south-africas-university-technology-fund-leans-into-alumni-for-new-startup-thesis/) - In January 2025, South African investment holding company Stocks & Strauss signalled the near-completion of fundraising for its University - [South African Fintech Happy Pay Lands $5m Seed Round to Scale Zero-Interest BNPL Model](https://launchbaseafrica.com/2026/03/23/south-african-fintech-happy-pay-lands-5m-seed-round-to-scale-zero-interest-bnpl-model/) - The round was led by global technology investor Partech. - [Time to Talk Tech Startups in Angola? Luanda Passes Bill for Ecosystem Running on 2% Funding](https://launchbaseafrica.com/2026/03/23/time-to-talk-tech-startups-in-angola-luanda-passes-bill-for-ecosystem-running-on-2-funding/) - Time to Talk Tech Startups in Angola? Luanda Passes Bill for Ecosystem Running on 2% Funding...On Thursday, March 19, the National Assembly in Luanda - [From Kiosks to Cloud: The Tech Stack That Made GoTyme Bank Africa’s First Profitable Neobank](https://launchbaseafrica.com/2026/03/19/from-kiosks-to-cloud-the-tech-stack-that-made-gotyme-bank-africas-first-profitable-neobank/) - South African digital lender GoTyme Bank — recently rebranded from TymeBank to align with its global parent company — has crossed the 12 million customer mark. - [A $23M Pivot: dLocal Takes AZA Finance’s Cameroon Assets After Third-Party Suit Is Dropped](https://launchbaseafrica.com/2026/03/19/a-23m-pivot-dlocal-takes-aza-finances-cameroon-assets-after-third-party-suit-is-dropped/) - A $23M Pivot: dLocal Takes AZA Finance ’s Cameroon Assets After Third-Party Suit Is Dropped...By December 31, 2025, the total principal outstanding was $22.5m - [BCEAO Opens a New Playbook for West African Fintechs in Diaspora Banking](https://launchbaseafrica.com/2026/03/19/bceao-opens-a-new-playbook-for-west-african-fintechs-in-diaspora-banking/) - The Central Bank of West African States (BCEAO) has quietly rewritten a key rule of engagement for the region’s financial system. Under a new regulatory notice - ['Asking Nicely Doesn’t Work’: The Startup-Led Coup Against Morocco’s 100-Year-Old Postal Rule](https://launchbaseafrica.com/2026/03/18/asking-nicely-doesnt-work-the-startup-led-coup-against-moroccos-100-year-old-postal-rule/) - 'Asking Nicely Doesn’t Work’: The Startup-Led Coup Against Morocco’s 100-Year-Old Postal Rule...Morocco's postal rule.. Parcels under one kilogram - [$15bn in Dry Powder: 8 Structural Trends Currently Defining Africa’s New Wave of Tech Funds](https://launchbaseafrica.com/2026/03/18/15bn-in-dry-powder-8-structural-trends-currently-defining-africas-new-wave-of-tech-funds/) - Africa’s venture capital market appears, at first glance, to be entering a period of abundance. Data compiled by Launch Base Africa ...Africa's tech funds - [Sistema.bio Raises $53M to Turn African Smallholder Farms Into Carbon Projects](https://launchbaseafrica.com/2026/03/18/sistema-bio-raises-53m-to-turn-african-smallholder-farms-into-carbon-projects/) - Biogas company Sistema.bio has announced the $53m first close of FarmCarbon, a dedicated carbon finance vehicle designed to subsidise the cost... - [DICON’s Open-Door Policy Complicates Life for Nigeria’s Defence Tech Startups](https://launchbaseafrica.com/2026/03/17/dicons-open-door-policy-complicates-life-for-nigerias-defence-tech-startups/) - Nigeria is, by some margin, the largest buyer of imported arms in West Africa. Between 2020 and 2024, the country accounted for 34 ....Nigeria's defence tech - [BII Injects $15M Into Starsight Energy to Tackle West Africa’s Diesel Reliance](https://launchbaseafrica.com/2026/03/17/bii-injects-15m-into-starsight-energy-to-tackle-west-africas-diesel-reliance/) - British International Investment (BII), the UK’s development finance institution, has provided $15m in mezzanine debt to Starsight Energy Africa Group. - [Powering Up: Why Fintechs Are Targeting South Africa’s Prepaid Electricity Startups](https://launchbaseafrica.com/2026/03/17/powering-up-why-fintechs-are-targeting-south-africas-prepaid-electricity-startups/) - The latest move comes from JSE-listed microlender Optasia, which has agreed to acquire Dubai-based electricity credit specialist Finergi for $30m (R497.6m). - [Going Public Cost Africa-Focused Fintech Optasia Over $23M — 31% of Its Primary Raise](https://launchbaseafrica.com/2026/03/16/going-public-cost-africa-focused-fintech-optasia-over-23m-31-of-its-primary-raise/) - When Optasia, the analytics-driven credit technology company, rang the bell on the Johannesburg Stock Exchange (JSE) on 4 November 2025... - [Three Years, $618M Pledged: Nigeria’s iDICE Tech Fund Finally Lands With a $729K Startup Grant](https://launchbaseafrica.com/2026/03/16/three-years-618m-pledged-nigerias-idice-tech-fund-finally-lands-with-a-729k-startup-grant/) - The money will flow through iDICE Startup Bridge, a new sub-programme under the Investment in Digital and Creative Enterprises (iDICE) initiative - [Europe’s EIB Backs Speedinvest to Channel $230M Into African Fintech Startups](https://launchbaseafrica.com/2026/03/16/europes-eib-backs-speedinvest-to-channel-230m-into-african-fintech-startups/) - The Vienna-based VC firm has formalised a new vehicle targeting fintech and mobile-first startups across North and Sub-Saharan Africa, backed...Speedinvest - [Moniepoint-Backer Lightrock Africa Secures IFC Anchor for New $200M Growth Fund](https://launchbaseafrica.com/2026/03/16/moniepoint-backer-lightrock-africa-secures-ifc-anchor-for-new-200m-growth-fund/) - The International Finance Corporation (IFC) has proposed a commitment of up to $20 million into Lightrock Africa Fund II (LRAF II), a growth equity vehicle - [Why Human Rights Matter in the Modern Workplace](https://launchbaseafrica.com/2026/03/13/why-human-rights-matter-in-the-modern-workplace/) - By Ashwin Rajah, founder of Mindset Matters - [Dutch VC Aqua-Spark Secures $48m for African Blue Economy Fund, Backed by KfW and AgriFI](https://launchbaseafrica.com/2026/03/13/dutch-vc-aqua-spark-secures-48m-for-african-blue-economy-fund-backed-by-kfw-and-agrifi/) - Dutch VC Aqua-Spark Secures $48m for African Blue Economy Fund, Backed by KfW and AgriFI...Aqua-Spark, the Dutch impact investment fund focused on the global - [Valu Expands to Jordan With $7m — but Its Fastest Growth Is Coming From Payments, Not Loan](https://launchbaseafrica.com/2026/03/13/valu-expands-to-jordan-with-7m-but-its-fastest-growth-is-coming-from-payments-not-loan/) - Valu, the Egyptian consumer finance company that operates under a fintech licence from the country's Financial Regulatory Authority, - [International Investors Pour Into Morocco One Year After $1.9B Fund Launch](https://launchbaseafrica.com/2026/03/12/international-investors-pour-into-morocco-one-year-after-1-9b-fund-launch/) - Twelve months after the Mohammed VI Investment Fund (FM6I) announced the selection of 14 fund managers to deploy $1.9bn across Morocco ’s economy - [How Swvl Ditched the Auditors Who Doubted Its Survival](https://launchbaseafrica.com/2026/03/12/how-swvl-ditched-the-auditors-who-doubted-its-survival/) - Four years ago, Dubai-headquartered mobility startup Swvl was a $1.5bn SPAC darling. Today, it is fighting a two-front war: trying to convince the public.... - [The Riyadh-Cairo Pipeline: Saudi’s VMS Lands in Egypt to Hunt for Seed+ Scaleups](https://launchbaseafrica.com/2026/03/12/the-riyadh-cairo-pipeline-saudis-vms-lands-in-egypt-to-hunt-for-seed-scaleups/) - The “Saudi-Egypt corridor” is tightening. Value Makers Studio (VMS), the Saudi-based venture builder and project specialist, has officially launched its - [A New Wave of Tech Firms Is Tapping Nigeria’s Public Debt Market](https://launchbaseafrica.com/2026/03/12/a-new-wave-of-tech-firms-is-tapping-nigerias-public-debt-market/) - A New Wave of Tech Firms Is Tapping Nigeria’s Public Debt Market....In Nigeria’s fast-paced public debt market, a new crop of borrowers is showing up. - [Cybervergent Raises $3M Seed to Scale AI Compliance Platform](https://launchbaseafrica.com/2026/03/06/after-14-years-of-bootstrapping-cybervergent-raises-3m-seed-to-scale-ai-compliance-platform/) - After 11 Years of Bootstrapping, African Cybersecurity Firm Cybervergent Raises $3M Seed to Scale AI Compliance Platform...Cybervergent plans to use the - [Japan’s JICA Commits $10M to Persistent’s African Climate Tech Fund Amid DFI Push](https://launchbaseafrica.com/2026/03/11/japans-jica-commits-10m-to-persistents-african-climate-tech-fund-amid-dfi-push/) - Japan’s JICA Commits $10M to Persistent’s African Climate Tech Fund Amid DFI Push...The Japan International Cooperation Agency (JICA) has formally committed - [‘Stay in It’: How Over 200 Interviews and a LinkedIn Post Led to a $2.35M Seed Round for Orca](https://launchbaseafrica.com/2026/03/10/stay-in-it-how-over-200-interviews-and-a-linkedin-post-led-to-a-2-35m-seed-round-for-orca/) - ‘Stay in It’: How Over 200 Interviews and a LinkedIn Post Led to a $2.35M Seed Round for Orca...This week, South African fintech Orca secured$2.35m in seed - [OneBank: Egypt’s $114m State-Backed Digital Challenger Gets the Final Green Light](https://launchbaseafrica.com/2026/03/10/onebank-egypts-114m-state-backed-digital-challenger-gets-the-final-green-light/) - OneBank: Egypt’s $114m State-Backed Digital Challenger Gets the Final Green Light...After a protracted regulatory process, - [Ziidi Trader: Safaricom Captures Half of Kenya’s First Major IPO in 20 Years](https://launchbaseafrica.com/2026/03/10/ziidi-trader-safaricom-captures-half-of-kenyas-first-major-ipo-in-20-years/) - Ziidi Trader: Safaricom Captures Half of Kenya’s First Major IPO in 20 Years....Safaricom’s ambition to turn its mobile money platform, M-PESA, into an - [Algerian Super-App Yassir Buys Uno Hypermarkets to Fill the Jumia-Shaped Hole](https://launchbaseafrica.com/2026/03/09/algerian-super-app-yassir-buys-uno-hypermarkets-to-fill-the-jumia-shaped-hole/) - Algerian Super-App Yassir Buys Uno Hypermarkets to Fill the Jumia-Shaped Hole...However, if Tayebi can successfully integrate the “SuperApp” ecosystem - [South African Anti-Fraud Startup Orca Secures $2.35M Seed Round to Protect Emerging Market Payment Rails](https://launchbaseafrica.com/2026/03/09/south-african-anti-fraud-startup-orca-secures-2-35m-seed-round-to-protect-emerging-market-payment-rails/) - Orca, a South African fintech startup developing fraud prevention software for emerging markets, has raised a $2.35m seed round. - [European VC Newion Leads $2.1M Seed Round for SA Fintech NjiaPay](https://launchbaseafrica.com/2026/03/09/european-vc-newion-leads-2-1m-seed-round-for-sa-fintech-njiapay/) - NjiaPay, a payment orchestration startup, has raised $2.1m in seed funding to expand its operations across Africa. The round was led by European - [From Payments to Credit: Fawry’s Next Act Is Lending](https://launchbaseafrica.com/2026/03/06/from-payments-to-credit-fawrys-next-act-is-lending/) - Fawry for Banking Technology and Electronic Payments S.A.E. — the company behind Egypt’s most ubiquitous payments network — reported net profits... - [From iROKOtv to Showmax: Is the ‘Netflix of Africa’ Dream Officially Dead?](https://launchbaseafrica.com/2026/03/05/from-irokotv-to-showmax-is-the-netflix-of-africa-dream-officially-dead/) - As Showmax begins its shutdown in the wake of a capital-intensive global streaming war, it joins a long list of well-funded, ambitious local platforms... - [The March 11 Ultimatum: Why Half of SA's E-Hailing Industry Is Racing the Clock](https://launchbaseafrica.com/2026/03/05/the-march-11-ultimatum-why-half-of-sas-e-hailing-industry-is-racing-the-clock/) - The March 11 Ultimatum: Why Half of SA's E-Hailing Industry Is Racing the Clock...Bolt South Africa is the first to secure the new e-hailing license - [Zeno Raises $25m Series A to Build Africa’s Full-Stack E-Motorcycle Challenger](https://launchbaseafrica.com/2026/03/05/zeno-raises-25m-series-a-to-build-africas-full-stack-e-motorcycle-challenger/) - In a venture landscape where African hardware startups have recently struggled to secure growth capital, Nairobi-based e-mobility player Zeno has bucked the trend. The company - [100 Faces, 160,000 Attacks: Inside the Industrialised Fraud Machines Targeting Africa](https://launchbaseafrica.com/2026/03/05/100-faces-160000-attacks-inside-the-industrialised-fraud-machines-targeting-africa/) - Somewhere in West Africa, a fraud syndicate is running what amounts to a shift. Not a heist. Not a scam. A shift ....Smile ID - [Too Many Cooks? Nigeria’s Plan for a New Fintech Regulator Draws Parallels to the UK’s Northern Rock Crisis](https://launchbaseafrica.com/2026/03/04/too-many-cooks-nigerias-plan-for-a-new-fintech-regulator-draws-parallels-to-the-uks-northern-rock-crisis/) - The Northern Rock crisis taught the world that financial regulation is not a matter of checking boxes. - [Africa’s Top Venture Investor Locked in $6.3m Legal Dispute with Former Employer](https://launchbaseafrica.com/2026/03/04/africas-top-venture-investor-locked-in-6-3m-legal-dispute-with-former-employer/) - Africa’s Top Venture Investor Locked in $6.3m Legal Dispute with Former Employer...Andile Ngcaba, a prominent figure in South...Africa Investor dispute - [FMO Backs Persistent’s Bid to Build Africa’s Climate Tech Pipeline](https://launchbaseafrica.com/2026/03/05/fmo-backs-persistents-bid-to-build-africas-climate-tech-pipeline/) - The Dutch development bank FMO has approved a €2.5m development contribution to support early-stage climate tech startups backed by the Persistent Energy - [Beyond ‘Market Access’ Apps: Why Ghana Is the New Frontier for High-Ticket Agritech Deals](https://launchbaseafrica.com/2026/03/03/beyond-market-access-apps-why-ghana-is-the-new-frontier-for-high-ticket-agritech-deals/) - Beyond ‘Market Access’ Apps: Why Ghana Is the New Frontier for High-Ticket Agritech Deals...For years, Nigeria and Kenya have dominated the African agritech - [Western Union and Cassava’s Sasai Target South Africa’s $1bn Outbound Remittance Market](https://launchbaseafrica.com/2026/03/04/western-union-and-cassavas-sasai-target-south-africas-1bn-outbound-remittance-market/) - Western Union, the 175-year-old titan of money movement, is placing a fresh bet on African fintech....Sasai Western Union - [Fees Plus Fund: The Hybrid Model Fuelling Africa’s Quiet Deal Machine](https://launchbaseafrica.com/2026/03/04/fees-plus-fund-the-hybrid-model-fuelling-africas-quiet-deal-machine/) - Fees Plus Fund: The Hybrid Model Fuelling Africa’s Quiet Deal Machine...The firm’s advisory wing, Verdant IMAP, pulls in fees by matching companies - [Rivals Force Glovo to Shutter Stores Across Morocco](https://launchbaseafrica.com/2026/03/03/rivals-force-glovo-to-shutter-stores-across-morocco/) - Glovo has closed all seven of its dark stores in Morocco, suspending an urban grocery delivery model the company had spent years quietly building - [Sixty60 Passes $750m in Half-Year Sales as Shoprite Tightens Its Grip on Digital Grocery](https://launchbaseafrica.com/2026/03/03/sixty60-passes-750m-in-half-year-sales-as-shoprite-tightens-its-grip-on-digital-grocery/) - South Africa’s largest food retailer, Shoprite Holdings, says its on-demand delivery platform Sixty60 generated R11.9bn ($750m) in sales in the six months - [Biotech, AI and Agritech: What ABH Is Looking for in Its $1.5m 2026 Cohort](https://launchbaseafrica.com/2026/03/03/biotech-ai-and-agritech-what-abh-is-looking-for-in-its-1-5m-2026-cohort/) - Africa’s Business Heroes 2026 (ABH) (www.AfricaBusinessHeroes.org), the flagship philanthropic initiative of Alibaba Philanthropy and the Jack Ma Foundation, - [Egypt’s Breadfast Caught in Geopolitical Crossfire After $50m Raise](https://launchbaseafrica.com/2026/03/02/egypts-breadfast-caught-in-geopolitical-crossfire-after-50m-raise/) - Cairo-based quick-commerce platform Breadfast has defended its latest funding round afteronline criticism emerged over one of its participating investors - [Hlayisani Raises $30M to Tackle South Africa’s Series A Drought](https://launchbaseafrica.com/2026/03/02/hlayisani-raises-30m-to-tackle-south-africas-series-a-drought/) - Hlayisani Raises $30M to Tackle South Africa’s Series A Drought...There is also evidence of growing international interest. According to SAVCA, - [African Startup Funding in Early 2026: More Money, Less Venture](https://launchbaseafrica.com/2026/03/02/african-startup-funding-in-early-2026-more-money-less-venture/) - African startups raised more capital in the first two months of 2026 than in the same period a year earlier. But beneath that headline...African startup funding - [SolarAfrica Buys Out Its Own Backer in $39m Secondary](https://launchbaseafrica.com/2026/03/02/solarafrica-buys-out-its-own-backer-in-39m-secondary-as-south-africas-private-power-sector-matures/) - SolarAfrica Buys Out Its Own Backer in $39m Secondary as South Africa’s Private Power Sector Matures...SolarAfrica’s decision to fund its own - [MNT-Halan’s New Moat? Egypt Freezes New Fintech Licences After 182% Growth](https://launchbaseafrica.com/2026/03/02/mnt-halans-new-moat-egypt-freezes-new-fintech-licences-after-182-growth/) - MNT-Halan’s New Moat? Egypt Freezes New Fintech Licences After 182% Growth...valU, the buy-now-pay-later arm of EFG Holding...Fintech Egypt - [AfDB Backs Francophone Tech With $7.6m Bet on Saviu II Under New President](https://launchbaseafrica.com/2026/03/02/afdb-backs-francophone-tech-with-7-6m-bet-on-saviu-ii-under-new-president/) - The African Development Bank Group (AfDB) has approved a €6.5m ($7.6m) investment in Saviu II, a venture capital fund - [What Failed African Startups Taught Their Most Active Investors](https://launchbaseafrica.com/2026/02/26/what-failed-startups-taught-africas-most-active-investors/) - Investing in African tech has always exacted a price. The burn is slow, unforgiving, and increasingly public. Each failure leaves...Africa's failed startups - [Ten Key Trends That Shaped African Tech Funding in February](https://launchbaseafrica.com/2026/02/27/ten-key-trends-that-shaped-african-tech-funding-in-february/) - Across 29 disclosed deals, African startups and growth-stage companies raised at least $340.5m in February. The number tells one ...African tech funding in... - [African Startups Raise $340m in February as Debt Eclipses Venture Equity](https://launchbaseafrica.com/2026/02/27/african-startups-raise-340m-in-february-as-debt-eclipses-venture-equity/) - African startups and growth-stage companies raised at least $340.5m across 29 disclosed deals in February 2026 — a month that produced a defense-tech breakthrough - [Nigeria’s Macro Meltdown Puts Alerzo to the Test Amid ₦4.38bn Debt and Asset Freeze](https://launchbaseafrica.com/2026/02/27/nigerias-macro-meltdown-puts-alerzo-to-the-test-amid-₦4-38bn-debt-and-asset-freeze/) - Videos circulating on Nigerian social media since Thursday show rows of dusty, Alerzo-branded motorcycles and buses parked inside a compound in Ibadan - [Ethiopia Bans Birr-Based Crypto Trading as Forex Pressures Mount](https://launchbaseafrica.com/2026/02/27/ethiopia-bans-birr-based-crypto-trading-as-forex-pressures-mount/) - Ethiopia Bans Birr-Based Crypto Trading as Forex Pressures Mount...Ethiopia's central bank has issued a fresh warning against cryptocurrency-linked transactions - [Senegal’s Sovereign-Backed Fund Oyass Doubles Down on Healthtech Eyone with $1.7m Injection](https://launchbaseafrica.com/2026/02/27/senegals-sovereign-backed-fund-oyass-doubles-down-on-healthtech-eyone-with-1-7m-injection/) - Dakar-based digital health startup Eyone Medical has secured an additional 1 billion CFA francs ($1.7m) from Oyass Capital - [Nigeria Is Now M-KOPA’s Most Productive Market. Here’s How Its 11K Agent Network Changed the Game](https://launchbaseafrica.com/2026/02/26/nigeria-is-now-m-kopas-most-productive-market-heres-how-its-11k-agent-network-changed-the-game/) - In the competitive landscape of African asset financing, Nigeria has historically been viewed as a “high-risk, high-reward” frontier. M-KOPA - [African Startup Deal Tracker — Newest Deals](https://launchbaseafrica.com/2026/02/26/african-startup-deal-tracker-newest-deals-19/) - Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month. - [Egypt’s First ‘Startup Label’ Goes to Digital Lender Flend](https://launchbaseafrica.com/2026/02/26/egypts-first-startup-label-goes-to-digital-lender-flend/) - The accreditation, issued by the Micro, Small and Medium Enterprise Development Agency (MSMEDA), marks the operational debut...Flend - [Fido Ghana Secures $5.5M Debt to Sharpen AI Credit Scoring for Africa’s ‘Invisible’ Borrowers](https://launchbaseafrica.com/2026/02/25/fido-ghana-secures-5-5m-debt-to-sharpen-ai-credit-scoring-for-africas-invisible-borrowers/) - Fido Ghana, a digital lender that has been operating since 2014, has secured $5.5m in debt investment from impact investor Symbiotics. The fresh - [Afreximbank Deepens Bet on Spiro With Over $200m in Backing in Two Years](https://launchbaseafrica.com/2026/02/24/afreximbank-deepens-bet-on-spiro-with-over-200m-in-backing-in-two-years/) - Afreximbank Deepens Bet on Spiro With Over $200m in Backing in Two Years...Spiro’s rapid capitalization comes amid a wider influx of funding into African - [The Diaspora Founder Formula Behind Côte d’Ivoire’s Most Prolific Venture Studio](https://launchbaseafrica.com/2026/02/24/the-diaspora-founder-formula-behind-cote-divoires-most-prolific-venture-studio/) - The Diaspora Founder Formula Behind Côte d’Ivoire’s Most Prolific Venture Studio...This is not incidental. Mstudio’s sourcing strategy explicitly. Mstudio... - [France’s Hummingbirds Raises $59M to Scale Carbon Credit Sales in Kenya and Across Africa](https://launchbaseafrica.com/2026/02/24/frances-hummingbirds-raises-59m-to-scale-carbon-credit-sales-in-kenya-and-across-africa/) - The voluntary carbon market has had a bruising few years, but institutional investors are doubling down on the “next generation” of high... Hummingbirds - [Beltone Widens Its Investment Stack to Capture Growth-Stage Winners](https://launchbaseafrica.com/2026/02/23/beltone-widens-its-investment-stack-to-capture-growth-stage-winners/) - Beltone Holding has launched a dedicated private equity platform, broadening its investment capabilities to cover the full funding - [MaxAB-Wasoko Swaps Founders for Operators in Hunt for Profitability](https://launchbaseafrica.com/2026/02/23/maxab-wasoko-swaps-founders-for-operators-in-hunt-for-profitability/) - The post-merger integration of African B2B e-commerce giants Wasoko and MaxAB has entered a new phase. Following the departure of Wasoko ...Wasoko-MaxAB - [Egypt Wants to Be Your LP: Applications Open for New $1bn Fund-of-Funds](https://launchbaseafrica.com/2026/02/23/egypt-wants-to-be-your-lp-applications-open-for-new-1bn-fund-of-funds/) - Egypt is stepping up efforts to attract venture capital following the launch of its long-awaited Startup Charter... - [Beyond Borders: The African Countries Attracting the Most Capital from Nigerian VC Firms](https://launchbaseafrica.com/2026/02/23/beyond-borders-the-african-countries-attracting-the-most-capital-from-nigerian-vc-firms/) - Beyond Borders: The African Countries Attracting the Most Capital from Nigerian VC Firms... LoftyInc, meanwhile, co-invested in Widebot, an - [LoftyInc Backs Morocco’s WafR in $4M Push to Digitalise the Corner Shop](https://launchbaseafrica.com/2026/02/20/loftyinc-backs-moroccos-wafr-in-4m-push-to-digitalise-the-corner-shop/) - WafR, a Casablanca-based startup that turns traditional retail outlets into digital financial hubs, has closed a $4m oversubscribed seed round. The - [Fresh Funds African Tech Firms Can Pitch to in 2026](https://launchbaseafrica.com/2026/02/20/fresh-funds-african-tech-firms-can-pitch-to-in-2026/) - Fresh Funds African Tech Firms Can Pitch to in 2026...After two years of retreat, money is moving back into African — the strongest....African Tech Funds 2026 - [Malagasy Infrastructure Firm Axian Targets Nigeria’s Clean Energy Market with DFI-Backed Expansion](https://launchbaseafrica.com/2026/02/20/malagasy-infrastructure-firm-axian-targets-nigerias-clean-energy-market-with-dfi-backed-expansion/) - Malagasy Infrastructure Firm Axian Targets Nigeria’s Clean Energy Market with DFI-Backed Expansion...For AXIAN, the success of these pilots will - [A Fractured Leg, a Pregnancy, and an Empty Promise: The Human Cost of a Nigerian Fintech’s Collapse](https://launchbaseafrica.com/2026/02/20/a-fractured-leg-a-pregnancy-and-an-empty-promise-the-human-cost-of-a-nigerian-fintechs-collapse/) - A Fractured Leg, a Pregnancy, and an Empty Promise: The Human Cost of a Nigerian Fintech’s Collapse...It did not get that far. By 2023, a worsening at Pivo - [Bosta’s Blitz: Can a SuperJet Deal and a Planned IPO Fix Egypt’s Last-Mile Growing Pains?](https://launchbaseafrica.com/2026/02/20/bostas-blitz-can-a-superjet-deal-and-a-planned-ipo-fix-egypts-last-mile-growing-pains/) - Bosta’s Blitz: Can a SuperJet Deal and a Planned IPO Fix Egypt’s Last-Mile Growing Pains?...In the world of Egyptian logistics, Bosta has long been the - [Cheap, Collateral-Free, and Non-Dilutive: The ‘Unicorn’ Debt African Founders Are Chasing](https://launchbaseafrica.com/2026/02/19/cheap-collateral-free-and-non-dilutive-the-unicorn-debt-african-founders-are-chasing/) - Cheap, Collateral-Free, and Non-Dilutive: The ‘Unicorn’ Debt African Founders Are Chasing...By the time Abuja-based founders start looking for - [Kenya’s EU-Backed Carbon Registry Moves to Stop the Next Koko-Style Monopoly](https://launchbaseafrica.com/2026/02/19/kenyas-eu-backed-carbon-registry-moves-to-stop-the-next-koko-style-monopoly/) - Capping the Carbon Giants: Kenya’s EU-Backed Registry Moves to Stop the Next Koko-Style Monopoly...Kenya has officially launched its National Carbon Registry - [South Africa’s Araxi Acquires Fintech Pay@ for $62m to Consolidate Regional Payments](https://launchbaseafrica.com/2026/02/18/south-africas-araxi-snaps-up-pay-for-62m-to-build-a-payments-powerhouse/) - South Africa’s Araxi Snaps Up Pay@ for $62m to Build a Payments Powerhouse... In a significant consolidation of the Southern African fintech space, JSE-listed Araxi Limited - [Beyond the Handshake: How AI Is Forcing Universities to Rewrite Their Contract with Students](https://launchbaseafrica.com/2026/02/18/beyond-the-handshake-how-ai-is-forcing-universities-to-rewrite-their-contract-with-students/) - Beyond the Handshake: How AI Is Forcing Universities to Rewrite Their Contract with Students...For decades, the university “product” remained largely unchanged: - [From Capiter’s Wreckage, a Chinese VC Finds a New Egyptian Bet](https://launchbaseafrica.com/2026/02/18/from-capiters-wreckage-a-chinese-vc-finds-a-new-egyptian-bet/) - ..When Flextock announced a $12.6 million Series A round this week, most of the attention landed on TLcom Capital, the Africa-focused...MSA Capital. - [Two Regulators, One Deal, and a $6.2bn Headache: Inside Nigeria’s Tower Standoff](https://launchbaseafrica.com/2026/02/18/two-regulators-one-deal-and-a-6-2bn-headache-inside-nigerias-tower-standoff/) - Two Regulators, One Deal, and a $6.2bn Headache: Inside Nigeria’s Tower Standoff...In the world of African tech, few things are as cyclical as the relationship - [Why the “SaaSapocalypse” Shows Africa Must Own the AI Application Layer](https://launchbaseafrica.com/2026/02/18/why-the-saasapocalypse-shows-africa-must-own-the-ai-application-layer/) - By Amadou Daffe, CEO and Co-Founder, Gebeya - [The Electron Gold Rush: South Africa’s Energy Trading Market Enters a ‘Big Bang’ Phase](https://launchbaseafrica.com/2026/02/17/the-electron-gold-rush-south-africas-energy-trading-market-enters-a-big-bang-phase/) - For the first time, South African businesses and municipalities are no longer just “customers” — they are “shoppers” in a competitive market. - [Egypt’s Flextock Bags $12.6m to Be the ‘Operating System’ for Middle East E-Commerce](https://launchbaseafrica.com/2026/02/17/egypts-flextock-bags-12-6m-to-be-the-operating-system-for-middle-east-e-commerce/) - The “Shopify plus logistics” model is coming to the MENA region with more muscle. - [The Unwritten Rules of Running a Blended Finance Fund in Africa](https://launchbaseafrica.com/2026/02/17/the-unwritten-rules-of-running-a-blended-finance-fund-in-africa/) - Nobody publishes them. Nobody formally acknowledges them. But spend enough time inside the data, and the operating logic of Africa’s blended finance ecosystem becomes difficult to ignore. - [One Month, Two Rounds: Nigeria’s Terra Industries Hits $34m as Investors Eye ‘Faster-Than-Expected’ Traction](https://launchbaseafrica.com/2026/02/16/one-month-two-rounds-nigerias-terra-industries-hits-34m-as-investors-eye-faster-than-expected-traction/) - “Before Terra, governments and operators across Africa were often forced to rely on foreign defense systems from China, Europe, and elsewhere.” - [Mogo Kenya Raises $6.2m in Syndicated Deal With I&M Bank and Ecobank](https://launchbaseafrica.com/2026/02/16/mogo-kenya-raises-6-2m-in-syndicated-deal-with-im-bank-and-ecobank/) - The deal marks a strategic pivot for the asset financier as it swaps foreign exchange volatility for local currency stability. - [Cape Town’s Havaíc Hits $30m Milestone for Third Fund as Institutional Interest Hardens](https://launchbaseafrica.com/2026/02/16/cape-towns-havaic-hits-30m-milestone-for-third-fund-as-institutional-interest-hardens/) - The latest capital injection comes from E Squared Investments - [Breadfast Raises $50M Pre-Series C as Novastar Leads Rare Late-Stage Bet in Egypt](https://launchbaseafrica.com/2026/02/16/breadfast-raises-50m-pre-series-c-as-novastar-leads-rare-late-stage-bet-in-egypt/) - The round was backed by heavyweights including Mubadala, The Olayan Group, SBI Investment, Asia Africa Investment & Consulting, Y Combinator, IFC — - [Zero Fees vs. High Inflation: Why Cisco Is Doubling Down on Affinity Africa’s ‘Freemium’ Math](https://launchbaseafrica.com/2026/02/16/zero-fees-vs-20-inflation-why-cisco-is-doubling-down-on-affinity-africas-freemium-math/) - Affinity Africa, a digital bank targeting the informal sector, has secured its second round of support from the Cisco Foundation and FINCA Ventures. - [Temu’s 13m-User Milestone in Nigeria Triggers a ‘Data Sovereignty’ Showdown](https://launchbaseafrica.com/2026/02/16/temus-13m-user-milestone-in-nigeria-triggers-a-data-sovereignty-showdown/) - On Monday (February 16), the data protection commission in Nigeria ordered an immediate investigation into Temu, citing potential violations - [Zambian Neobank Lupiya Raises $11.2m Series A to Expand Across Southern Africa](https://launchbaseafrica.com/2026/02/13/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. - [DPI Targets $1bn for Fourth Africa Fund as Proparco Chips in $42m](https://launchbaseafrica.com/2026/02/16/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. - [Africa’s Growth Problem Isn’t Capital. It’s Leadership Without Collaboration](https://launchbaseafrica.com/2026/02/13/africas-growth-problem-isnt-capital-its-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 - [The Funding Desert: Why Algerian Startups Are Being Pushed Toward the Public Markets](https://launchbaseafrica.com/2026/02/13/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 - [The Graduation Gap: Mapping Africa’s Current High-Liquidity Post-Seed Corridors](https://launchbaseafrica.com/2026/02/13/the-graduation-gap-mapping-africas-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](https://launchbaseafrica.com/2026/02/11/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. - [Egypt’s Government Hands Over Its National Startup Map to the Private Sector](https://launchbaseafrica.com/2026/02/12/egypts-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. - [How an Inside Job Gutted South Africa’s Leading Adtech Firm in 72 Hours](https://launchbaseafrica.com/2026/02/12/the-perfect-heist-how-an-inside-job-gutted-south-africas-leading-adtech-firm-in-72-hours/) - On the morning of November 25, 2025, executives at Media Host (Pty) Ltd opened an email that would unravel 14 years of business in a matter of days. - [Nigerian Tech Is Missing the $1bn Local Debt Party](https://launchbaseafrica.com/2026/02/12/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](https://launchbaseafrica.com/2026/02/11/egypts-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. - [Riding Morocco’s Fintech Wave, AfricInvest Moves to Acquire Vantage Payment Systems](https://launchbaseafrica.com/2026/02/11/riding-moroccos-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. - [Multiple-Entry Visas for VCs: Can Egypt’s New Startup Charter Slow Founder Exodus to Riyadh and Dubai?](https://launchbaseafrica.com/2026/02/09/can-egypts-new-startup-charter-stop-founders-fleeing-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? - [Delta40 Secures $20M for Africa’s First Integrated Studio-and-Fund Model](https://launchbaseafrica.com/2026/02/11/delta40-secures-20m-for-africas-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.” - [IFC Backs Aruwa Capital’s $50M Second Fund as It Eyes Ghana Expansion](https://launchbaseafrica.com/2026/02/11/aruwa-capital/) - Ticket sizes for ACF II are expected to range between $1m and $3m, focusing on businesses that have moved beyond the seed stage but remain too small for global PE players. - [Jumia Hits Positive Working Capital: The Most Important Chart in African Tech](https://launchbaseafrica.com/2026/02/10/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](https://launchbaseafrica.com/2026/02/10/when-a-multilateral-bank-goes-seed-stage-afreximbanks-startup-gamble/) - This accelerator is not a standalone experiment; it is the logical progression of a more aggressive investment strategy. - [Ejara Charts New Leadership Path After Passing of Founder](https://launchbaseafrica.com/2026/02/09/ejara-charts-new-leadership-path-after-passing-of-visionary-founder/) - The leadership transition, announced recently by the company, aims to ensure continuity for the startup’s 200,000+ users and its international investors. - [Egypt’s Beltone Buys Baobab Group in $235M Deal to Expand Into Nigeria and Francophone Africa](https://launchbaseafrica.com/2026/02/10/cairo-based-beltone-holding-has-officially-completed-its-acquisition-of-baobab-group-for-e197-6-million-a-move-that-finalizes-one-of-the-most-significant-cross-border-financial-deals/) - Historically known as an Egyptian brokerage and asset manager, Beltone has spent the last 18 months repositioning itself as a technology-led financial conglomerate. - [SolarAfrica Secures $94m to Bypass South Africa’s Grid Woes](https://launchbaseafrica.com/2026/02/10/solarafrica-secures-94m-to-bypass-south-africas-grid-woes/) - While the funding is a win for SolarAfrica, the project reflects a broader “privatization by stealth” occurring in the South African energy market. - [Profits in the Gulf, Compliance Headaches at Nasdaq: The $35m Race to Save Swvl’s Ticker](https://launchbaseafrica.com/2026/02/09/profits-in-the-gulf-compliance-headaches-at-nasdaq-the-35m-race-to-save-swvls-ticker/) - Despite the operational turnaround, Swvl is still fighting for its life on the public markets. - [Africa’s 100 Most Active Tech Startup Investors — Ranked by Deal Activity (2025)](https://launchbaseafrica.com/2026/02/09/africas-100-most-active-tech-startup-investors-in-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. - [Five Months In: Why West Africa’s Fintech Giants are Still Holding Out on Interoperable Payments](https://launchbaseafrica.com/2026/02/09/five-months-in-why-west-africas-fintech-giants-are-still-holding-out-on-interoperable-payments/) - The PI-SPI, launched on September 30, 2025, was designed to be the “Great Connector” for the eight-nation West African Economic and Monetary Union (WAEMU). - [Helios Investment Partners Reaches $250m Second Close for African Climate Fund](https://launchbaseafrica.com/2026/02/06/helios-investment-partners-reaches-250m-second-close-for-african-climate-fund/) - The funding gap for African climate initiatives is vast: currently, public finance covers only 10% of the continent’s requirements. To help bridge this divide, London-headquartered Helios Investment Partners has secured a second close for its Helios Climate Fund, bringing total commitments to approximately $250m. The latest backer is Proparco, the private sector financing arm of - [“Harder to Build, but More Defensible”: Enakl Co-Founder on Tackling Morocco’s Commuter Chaos](https://launchbaseafrica.com/2026/01/29/harder-to-build-but-more-defensible-enakl-co-founder-on-tackling-moroccos-commuter-chaos/) - "Our objective is not growth at all costs." - [‘Don’t Wait for a Cash Crunch’: The $70M Debt Playbook from Lula’s Trevor Gosling](https://launchbaseafrica.com/2026/02/05/dont-wait-for-a-cash-crunch-the-70m-debt-playbook-from-lulas-trevor-gosling/) - In 2025, African tech reached a tipping point. For the first time, debt financing across the continent’s startup ecosystem surpassed the $1 billion mark. - [Nomba’s Canadian Play: Why Nigerian Fintechs are Buying Their Way Out of the Naira Trap](https://launchbaseafrica.com/2026/02/05/nombas-canadian-play-why-nigerian-fintechs-are-buying-their-way-out-of-the-naira-trap/) - By investing $2 million into the acquired entity, Nomba is building a direct pipeline between the Canadian Dollar (CAD) and African currencies - [Inside Lesaka’s Struggle to Make African Fintech Consolidation Pay](https://launchbaseafrica.com/2026/02/05/inside-lesakas-struggle-to-make-african-fintech-consolidation-pay/) - The Johannesburg payments company has spent $80m acquiring competitors. Six months of data show why buying scale in African fintech doesn't guarantee profitability. - [From 5x Returns to 70% Losses: What VNV’s African Bets Say About Egypt’s Tech Reset](https://launchbaseafrica.com/2026/02/02/from-5x-returns-to-70-losses-what-vnvs-african-bets-say-about-egypts-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 - [The Elumelu-Backed Fintech Doubling Down on Nigeria’s Payment Rails](https://launchbaseafrica.com/2026/02/04/the-elumelu-backed-fintech-doubling-down-on-nigerias-payment-rails/) - Redtech, the Nigerian fintech subsidiary of Tony Elumelu’s Heirs Holdings, has announced it processed $20.6bn (₦30tn) in total transactions during the 2025 financial year. - [South Africa’s Lula Bags $21M to Double Down on SME Lending](https://launchbaseafrica.com/2026/02/04/south-africas-lula-bags-21m-to-double-down-on-sme-lending/) - The Cape Town-based fintech has secured R340m ($21m) in local currency funding from the Dutch development bank FMO to bridge the country's massive credit gap. - [A Sigh of Relief for Kenyan EV Founders as Long-Awaited Policy Lands](https://launchbaseafrica.com/2026/02/04/a-sigh-of-relief-for-kenyan-ev-founders-as-long-awaited-policy-lands/) - The timing of this “milestone” is bittersweet. - [‘This Team Gave Everything’: Natalie Dowsett’s 11th-Hour Plea to Save OX Delivers](https://launchbaseafrica.com/2026/02/04/this-team-gave-everything-natalie-dowsetts-11th-hour-plea-to-save-ox-delivers/) - The Warwickshire-based maker of "flat-pack" electric trucks for Africa is facing liquidation unless a rescue deal is found by the weekend. It is a stark reversal for a company that recently touted a $163m expansion deal. - [GoCab Secures $45M to Challenge Moove in the Race for Africa’s Gig-Worker Assets](https://launchbaseafrica.com/2026/02/03/gocab-secures-45m-to-challenge-moove-in-the-race-for-africas-gig-worker-assets/) - Founded in 2024 by former investment bankers Azamat Sultan and Hendrick Ketchemen, GoCab’s strategy bypasses the traditional leasing model. - [Nigeria’s Fintech Reality Check: 7 Uncomfortable Truths From the CBN’s New Report](https://launchbaseafrica.com/2026/02/03/nigerias-fintech-reality-check-7-uncomfortable-truths-from-the-cbns-new-report/) - If you want to run a fintech in Nigeria, you need to be a diplomat as much as a CEO. - [The Furniture Fight That Broke South African M&A: Why Rivals Now Have Front-Row Seats at the Deal Table](https://launchbaseafrica.com/2026/02/02/the-furniture-fight-that-broke-south-african-ma-why-rivals-now-have-front-row-seats-at-the-deal-table/) - While this case is about furniture, the ripples will be felt by every tech unicorn, telco, and bank looking to consolidate in South Africa. - [Nine Key Trends That Shaped African Tech Funding in January](https://launchbaseafrica.com/2026/02/02/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. - [Koko Networks’ Lenders in Limbo as World Bank-Backed Clean Cooking Giant Collapses](https://launchbaseafrica.com/2026/02/02/koko-networks-lenders-in-limbo-as-world-bank-backed-clean-cooking-giant-collapses/) - The era of carbon-subsidised clean cooking has hit a wall - [Egyptian Logistics Startup Bosta Eyes $170M IPO on Local Exchange](https://launchbaseafrica.com/2026/02/02/egyptian-logistics-startup-bosta-eyes-170m-ipo-on-local-exchange/) - Bosta, the Cairo-based logistics startup that has become ubiquitous on Egyptian streets, may soon be delivering its own shares to the public market. - [African Startup Deal Tracker — Newest Deals](https://launchbaseafrica.com/2026/01/30/african-startup-deal-tracker-newest-deals-18/) - Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month - [From Payments to Credit: Nigerian Fintech Moniepoint Deploys $720M to Corner Shops and Supermarkets](https://launchbaseafrica.com/2026/01/29/from-payments-to-credit-nigerian-fintech-moniepoint-deploys-720m-to-corner-shops-and-supermarkets/) - Moniepoint asserts that businesses accessing this credit saw an average growth rate of 36%. - [From Burn to Build: Glamera Acquires Bookr After Outlasting Egypt’s Fashion-Tech Bust](https://launchbaseafrica.com/2026/01/29/from-burn-to-build-glamera-acquires-bookr-after-outlasting-egypts-fashion-tech-bust/) - Glamera’s longevity was secured by a timely “Saudi-fication” strategy. - [Inside the 2025 Playbook of Africa’s Most Active Tech Investors](https://launchbaseafrica.com/2026/01/29/inside-the-2025-playbook-of-africas-most-active-tech-investors/) - While total disclosed funding reached$3.1 billion — excluding grants — the distribution revealed something more significant than the headline number. - [A $50M Fund Without Rules and a Law Without Passage: Ghana’s Startup Policy Paradox](https://launchbaseafrica.com/2026/01/27/a-50m-fund-without-rules-and-a-law-without-passage-ghanas-startup-policy-paradox/) - In October 2025, during the National Cyber Security Awareness Month, President Mahama stood before a phalanx of cameras to unveil the Fintech Growth Fund. - [Yakeey Lands $15m to Digitise Morocco’s Broken Property Transaction Chain](https://launchbaseafrica.com/2026/01/27/yakeey-lands-15m-to-digitise-moroccos-broken-property-transaction-chain/) - The transaction is notable not just for its size, but for a curious guest at the table. - [A New Exit Route for African Renewables: UK and SA Investors Anchor $50M Secondary Fund](https://launchbaseafrica.com/2026/01/28/a-new-exit-route-for-african-renewables-uk-and-sa-investors-anchor-50m-secondary-fund/) - Few funds have focused on acquiring such projects in Sub-Saharan Africa. - [Moroccan Mobility Startup Enakl Secures $2.3M Seed Round to Tackle Commuter Gridlock  ](https://launchbaseafrica.com/2026/01/28/moroccan-mobility-startup-enakl-secures-2-3m-seed-round-to-tackle-commuter-gridlock/) - While many mobility startups struggle to find a seat at the table with government authorities, Enakl has managed to breach the public-sector barrier. - [Checkbooks and Caution: The Tentative Reset of African Tech Startups’ Missing Investors](https://launchbaseafrica.com/2026/01/26/checkbooks-and-caution-the-tentative-reset-of-african-tech-startups-missing-investors/) - Several funds that once did 5–10 African deals annually are now doing 1–3, concentrating ownership and support. - [Contracts Over Crowds: Swvl’s $2.2m Kuwaiti Deal Signals New Era of Fiscal Discipline](https://launchbaseafrica.com/2026/01/27/contracts-over-crowds-swvls-2-2m-kuwaiti-deal-signals-new-era-of-fiscal-discipline/) - The move, announced today, follows a third consecutive quarter of profitability for the Dubai-headquartered firm. - [Island Life, Electric Vibes: The 2035 Deadline Sparking an EV Hardware Scramble in Mauritius](https://launchbaseafrica.com/2026/01/26/island-life-electric-vibes-the-2035-deadline-sparking-an-ev-hardware-scramble-in-mauritius/) - While Mauritius is world-renowned for its turquoise waters, its domestic energy goals are increasingly industrial. - [Why Nigerian Tech Founders Are Doing M&A Differently From the Rest of Africa](https://launchbaseafrica.com/2026/01/27/why-nigerian-founders-are-doing-ma-differently-from-the-rest-of-africa/) - While African tech consolidates, Nigerian startups are pursuing a distinct strategy. - [‘Our Operations Remain Unaffected’: Livestock Wealth Plays Down Impact of FSCA Sanctions](https://launchbaseafrica.com/2026/01/26/our-operations-remain-unaffected-livestock-wealth-plays-down-impact-of-fsca-sanctions/) - "Livestock Wealth (Pty) Ltd has been operational since 2015 without interruption." - [Japanese Solar Giant WASSHA Acquires Kenyan Mobility Startup Zaribee](https://launchbaseafrica.com/2026/01/26/japanese-solar-giant-wassha-acquires-kenyan-mobility-startup-zaribee/) - Zaribee, formerly known as Unchorlight Kenya, specializes in a rent-to-own model for motorcycle taxi (boda boda) riders. - [The Edtech Model That Survived Nigeria’s Funding Winter](https://launchbaseafrica.com/2026/01/26/the-edtech-model-that-survived-nigerias-funding-winter/) - A recent investment into a Nigerian edtech marketplace suggests that venture capital is returning to the country's education sector - but the "growth at all costs" playbook has been replaced. - [“Frictionless” No More: Nigeria’s Tax Reforms Turn Delaware Flips into Million-Dollar Liabilities](https://launchbaseafrica.com/2026/01/26/frictionless-no-more-nigerias-tax-reforms-turn-delaware-flips-into-million-dollar-liabilities/) - Under Nigeria’s sweeping Tax Reform Acts, what was once a simple paperwork exercise has become a high-stakes tax event that can trigger massive liabilities before a single dollar of new investment reaches the bank. - [AfricInvest Launches $100M Morocco Fund, Marking First Kingdom-Specific Vehicle Since 2012](https://launchbaseafrica.com/2026/01/26/africinvest-launches-100m-morocco-fund-marking-first-kingdom-specific-vehicle-since-2012/) - The launch marks a significant shift for the Tunis-headquartered firm. - [New Wave of Investors Targets Ghana’s Pension Billions After 5% Private Markets Mandate](https://launchbaseafrica.com/2026/01/23/new-wave-of-investors-targets-ghanas-pension-billions-after-5-private-markets-mandate/) - In late 2024 and throughout 2025, the National Pensions Regulatory Authority (NPRA) tightened its grip on offshore investments, effectively blocking fund managers from moving capital abroad. - [JSE Reforms Listing Regime as African Exchanges Fight for Tech IPOs](https://launchbaseafrica.com/2026/01/23/jse-reforms-listing-regime-as-african-exchanges-fight-for-tech-ipos/) - The Johannesburg Stock Exchange has overhauled its listing requirements to accommodate high-growth companies, but questions remain about whether the changes go far enough. - [Mineworkers-Backed Agritech Livestock Wealth Fined, Loses Licence in South Africa](https://launchbaseafrica.com/2026/01/22/mineworkers-backed-agritech-livestock-wealth-fined-loses-licence-in-south-africa/) - The outcome closes a long-running probe, but leaves unresolved concerns around delayed investor withdrawals. - [Egypt’s NowPay Lands $20m to Launch Saudi Joint Venture](https://launchbaseafrica.com/2026/01/22/egypts-nowpay-lands-20m-to-launch-saudi-joint-venture/) - Egyptian fintech NowPay has secured a $20m strategic investment to fuel its expansion into Saudi Arabia - [Nigeria’s Tech Paradox: Why a Talent Boom Is Meeting a Capital Graveyard](https://launchbaseafrica.com/2026/01/22/nigerias-tech-paradox-why-a-talent-boom-is-meeting-a-capital-graveyard/) - As Minister 'Bosun Tijani transitions the flagship 3MTT programme to its national stage, the country faces a widening gulf between its massive supply of tech talent and a financial engine that is fast evaporating under his watch. - [When Follow-On Funding Vanished: Africa Tech’s Survival Test](https://launchbaseafrica.com/2026/01/21/when-the-money-left-lessons-from-africa-techs-tourist-investor-era/) - Of the hundreds of funds active during that peak, over 500 “tourist investors” have effectively vanished from the continent’s deal flow. - [The 1M Club: Egyptian Insurtech Nice Deer Finds Rare Scale in a Paper-Heavy Market](https://launchbaseafrica.com/2026/01/21/the-1m-club-egyptian-insurtech-nice-deer-finds-rare-scale-in-a-paper-heavy-market/) - The timing of Nice Deer’s scale-up coincides with a massive regulatory overhaul in Egypt. - [Africa Incorporated: Is It Time to Domesticate the Delaware Flip?](https://launchbaseafrica.com/2026/01/21/africa-incorporated-is-it-time-to-domesticate-the-delaware-flip/) - EU Inc suggests that even Europe now recognises that legal fragmentation quietly kills ambition. - [A New Billion-Dollar Wave of Capital Targets African Climate Tech](https://launchbaseafrica.com/2026/01/20/a-new-billion-dollar-wave-of-capital-targets-african-climate-tech/) - Climate financing continues to attract interests global investors. - [The Rise of the Balance Sheet: African Banks Muscle into Venture Debt](https://launchbaseafrica.com/2026/01/20/the-rise-of-the-balance-sheet-african-banks-muscle-into-venture-debt/) - As venture capital equity markets cooled in 2025, Africa’s largest commercial banks stepped into the gap. - [From Payments to Prompt Engineering: Inside TSG Labs, Paystack’s New AI-Focused Incubator](https://launchbaseafrica.com/2026/01/20/from-payments-to-prompt-engineering-inside-tsg-labs-paystacks-new-ai-focused-incubator/) - Paystack’s footprint now covers markets representing approximately 46% of Africa’s GDP. - [The “Delete” Button: How a TikTok Contract Cancellation Exposed Africa’s Digital Labour Trap](https://launchbaseafrica.com/2026/01/20/the-delete-button-how-a-tiktok-contract-cancellation-exposed-africas-digital-labour-trap/) - The precarity facing African content moderators is intensifying as platforms increasingly turn to artificial intelligence. - [The February Fade: When Good Intentions Lose Momentum](https://launchbaseafrica.com/2026/01/19/the-february-fade-when-good-intentions-lose-momentum/) - by Phindile Mpithi - [Algeria’s ‘Forced Marriage’: Why Big Business is Suddenly Swiping Right on Startups](https://launchbaseafrica.com/2026/01/19/algerias-forced-marriage-why-big-business-is-suddenly-swiping-right-on-startups/) - Algeria’s new innovation tax puts startups on corporate balance sheets. - [Bootstrapped in Ouagadougou: How Bellunic’s Founder Is Digitising Burkina Faso’s Informal Markets](https://launchbaseafrica.com/2026/01/19/bootstrapped-in-ouagadougou-how-bellunics-founder-is-digitising-burkina-fasos-informal-markets/) - Yacouba Traore is the first to admit that building a startup in Burkina Faso is not for the faint of heart. While the continent’s venture capital spotlight often falls on the “Big Four” (Nigeria, Kenya, South Africa, and Egypt), founders in Francophone West Africa are frequently left to build in the dark, bootstrapping their way - [Ex-Mubadala and Goldman Bankers Break Stealth With $1m to Digitise the Turnstile](https://launchbaseafrica.com/2026/01/19/ex-mubadala-and-goldman-bankers-break-stealth-with-1m-to-digitise-the-turnstile/) - “We invested in Knot because the team is solving a complex global problem with a new solution.” - [The Next Frontier: Why Israeli Tech Giant Commit Just Bought an African Talent Scout](https://launchbaseafrica.com/2026/01/19/the-next-frontier-why-israeli-tech-giant-commit-just-bought-an-african-talent-scout/) - The acquisition is a validation of the “talent is universal, opportunity is not” thesis that has gained traction across the global south. - [A 3,900% Price Hike: Inside Nigeria’s Brutal New Licensing Regime for Fintechs and VCs](https://launchbaseafrica.com/2026/01/16/a-3900-price-hike-inside-nigerias-brutal-new-licensing-regime-for-fintechs-and-vcs/) - For the “disruptors” in the fintech and crypto space, the SEC has made it clear that disruption must be backed by heavy liquidity. - [Davos 2026: AI Takes Centre Stage as Technology Shapes Global Power](https://launchbaseafrica.com/2026/01/16/davos-2026-ai-takes-centre-stage-as-technology-shapes-global-power/) - Leaders at Davos will debate how poorly governed AI could exacerbate inequality, misinformation, and economic fragmentation . - [Why Egypt’s 10m Instalment Customers Have Become Africa’s Most Fought-Over Fintech Asset](https://launchbaseafrica.com/2026/01/15/why-egypts-10m-instalment-customers-have-become-africas-most-fought-over-fintech-asset/) - In less than a year, the user base nearly tripled. - [ValU Secures $63.5m Short-Term Financing from Egypt’s Biggest Bank](https://launchbaseafrica.com/2026/01/16/valu-secures-63-5m-short-term-financing-from-egypts-biggest-bank/) - The company has benefited from Egypt’s regulatory framework for consumer finance, which has brought BNPL-style products under formal oversight. - [African Tech Predictions for 2026: After the Rebound](https://launchbaseafrica.com/2026/01/16/african-tech-predictions-for-2026-after-the-rebound/) - 2025 ended with a notable rebound in startup financing across Africa. - [Why Ghana’s Crypto Framework Is a Blueprint for West African Trade](https://launchbaseafrica.com/2026/01/15/why-ghanas-crypto-framework-is-a-blueprint-for-west-african-trade/) - By: Gillian Darko, Vice President of Strategy, Yellow Card - [Tax Breaks and ‘Theatrical’ Reforms: Can Article 35 Finally Unlock Ivorian Tech?](https://launchbaseafrica.com/2026/01/15/tax-breaks-and-theatrical-reforms-can-article-35-finally-unlock-ivorian-tech/) - Côte d’Ivoire’s efforts signal a shift in attitude: digital startups are no longer seen as boutique hobbies . - [Can a $1,000 Buy-In Solve Kenya’s Early-Stage Funding Gap?](https://launchbaseafrica.com/2026/01/15/can-a-1000-buy-in-solve-kenyas-early-stage-funding-gap/) - Each participant will commit $1,000 towards a syndicated investment chosen collectively by the group. - [Fragile but Forming: The Reality of Francophone Africa’s Angel Investing Landscape in 2025](https://launchbaseafrica.com/2026/01/14/fragile-but-forming-the-reality-of-francophone-africas-angel-investing-landscape-in-2025/) - The 2025 data reveals a notable gap: the lack of disclosed investments from successful local entrepreneurs. - [A Bank of Its Own: Will Paystack’s MFB Licence Solve Its Growth Ceiling?](https://launchbaseafrica.com/2026/01/14/a-bank-of-its-own-will-paystacks-mfb-licence-solve-its-growth-ceiling/) - The acquisition of Ladder MFB provides Paystack with three critical capabilities it previously lacked. - [Silverbacks Posts 13.7x Fintech Returns as It Pivots to Sports and Entertainment](https://launchbaseafrica.com/2026/01/13/silverbacks-posts-13-7x-fintech-returns-as-it-pivots-to-sports-and-entertainment/) - The Mauritius-based firm reports a 13.7x return on its fintech blueprint and is now pivoting capital into African sports and entertainment. - [US Defense Hawk 8VC Backs Terra Industries to Build the ‘Anduril of Africa’](https://launchbaseafrica.com/2026/01/12/us-defense-hawk-8vc-backs-terra-industries-to-build-the-anduril-of-africa/) - The startup aims to displace Chinese and European incumbents in the African security market with locally built, vertically integrated autonomous systems. - [In Memoriam: Nelly Chatue-Diop, the Crypto Pioneer Who Bridged Francophone Africa’s Financial Divide](https://launchbaseafrica.com/2026/01/09/in-memoriam-nelly-chatue-diop-the-crypto-pioneer-who-bridged-francophone-africas-financial-divide/) - The founder of Ejara and board member of NFC Bank has died, leaving a void in a region attempting to reconcile traditional banking with Web3 innovation. - [ Morocco’s Startup Funding Ceiling Is Structural, Not Cyclical. Egypt Proved Why](https://launchbaseafrica.com/2026/01/08/moroccos-startup-funding-ceiling-is-structural-not-cyclical-egypt-proved-why/) - Egypt has quietly built a blueprint for its North African neighbours. - [Why Morocco’s 2026 FX Reform Matters More Than Another $100m Funding Round](https://launchbaseafrica.com/2026/01/07/why-moroccos-2026-fx-reform-matters-more-than-another-100m-funding-round/) - The old system treated digital businesses as suspicious anomalies. - [Ivory Coast’s State-Backed Fund Doubles Down on Fintech With New Green Pay Investment](https://launchbaseafrica.com/2026/01/07/ivory-coasts-state-backed-fund-doubles-down-on-fintech-with-new-green-pay-investment/) - The transaction, whose financial terms were not disclosed, is the latest in a growing series of CDC-CI investments into local technology companies - [From King to Fourth: How Nigeria Missed Africa’s Funding Rebound in 2025](https://launchbaseafrica.com/2026/01/06/from-king-to-fourth-how-nigeria-missed-africas-funding-rebound-in-2025/) - For a country that dominated in 2021 and 2022, this collapse marks a structural shift rather than a temporary lull. - [Why Egypt Is Plugging Fintechs Directly Into the State Tax Grid](https://launchbaseafrica.com/2026/01/06/why-egypt-is-plugging-fintechs-directly-into-the-state-tax-grid/) - The system entered a one-month pilot phase on January 1, 2026, and includes a specialized hotline (19659) to troubleshoot technical hurdles during the transition. - [Deep-Tech Startup SORA Technology Tops Up Late Seed Round to $7.3m for African Expansion](https://launchbaseafrica.com/2026/01/05/deep-tech-startup-sora-technology-tops-up-late-seed-round-to-7-3m-for-african-expansion/) - While many drone startups focus on delivery logistics, SORA Technology has carved out a niche in preventative health and environmental monitoring. - [Flutterwave Buys Mono as Nigeria’s Open-Banking Shakeout Begins](https://launchbaseafrica.com/2026/01/05/flutterwave-buys-mono-as-nigerias-open-banking-shakeout-begins/) - The acquisition marks a significant consolidation of fintech infrastructure on the continent. - [African Startups Raise $3.1bn in 2025 as Nigeria Slips to Fourth Place](https://launchbaseafrica.com/2026/01/05/african-startups-raise-3-1bn-in-2025-as-nigeria-slips-to-fourth-place/) - While the “Big Four” still dominate, their internal hierarchy has been upended. - [The Geopolitics of the Cap Table: How African Startup Investors Behaved in 2025](https://launchbaseafrica.com/2026/01/05/the-geopolitics-of-the-cap-table-how-african-startup-investors-behaved-in-2025/) - For founders in 2025, the lesson was clear. - [What Q4 Investor Behaviour Hints at for African Founders Raising Capital in 2026](https://launchbaseafrica.com/2025/12/31/what-q4-investor-behaviour-hints-at-for-african-founders-raising-capital-in-2026/) - The most striking trend of Q4 2025 is the complexity of the deal structures. - [Asset-Backed Debt and DFI Muscle Drive African Startup Funding in December](https://launchbaseafrica.com/2025/12/31/asset-backed-debt-and-dfi-muscle-drive-african-startup-funding-in-december/) - With traditional international VC participation appearing more selective, other players are filling the gap. - [Transparency vs. The Silent Exit: How African Startups Handled Crisis in 2025 — and What We Learned](https://launchbaseafrica.com/2025/12/30/transparency-vs-the-silent-exit-how-african-startups-handled-crisis-in-2025-and-what-we-learned/) - An analysis of how African tech companies navigated failure, fraud, and funding shortfalls - and what Launch Base Africa learned from tracking their crises - [African Startup Deal Tracker — Newest Deals](https://launchbaseafrica.com/2025/12/29/african-startup-deal-tracker-newest-deals-17/) - Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month - [Sanlam Enters Morocco’s Startup Market With $2.2m Woliz Investment](https://launchbaseafrica.com/2025/12/29/sanlam-enters-moroccos-startup-market-with-2-2m-woliz-investment/) - The insurer said the transaction is aimed at supporting the modernisation of small retail — a sector that remains largely informal but underpins daily commerce across the country . - [Nigeria’s Most Anticipated Tech IPO Hits Pause After Lead Investor Pushback](https://launchbaseafrica.com/2025/12/29/nigerias-most-anticipated-tech-ipo-hits-pause-after-lead-investor-pushback/) - The halt to Tizeti's NGX listing exposes how fragile Nigeria's domestic exit route remains - and why founders are still caught between dollar venture capital and a shallow local market. - [Loud, Quiet, or Contextual? What European and African Consumer Behaviour Reveals About Status, History and Power](https://launchbaseafrica.com/2025/12/24/loud-quiet-or-contextual-what-european-and-african-consumer-behaviour-reveals-about-status-history-and-power/) - The most enduring luxury brands we encounter are those that understand why consumers signal status, not just how they do it. - [The Anti-Herd: 12 Deals That Defied Africa’s Tech Funding Playbook in 2025](https://launchbaseafrica.com/2025/12/23/the-anti-herd-12-deals-that-defied-africas-tech-funding-playbook-in-2025/) - In a year when "following the herd" described most African venture activity, these outlier deals stand out for actually taking risk. Which is, theoretically, what venture capital is supposed to do. - [Egypt’s Follow-on Formula: Inside the $54m Venture Engine Built by 500 Global and the State](https://launchbaseafrica.com/2025/12/23/egypts-follow-on-formula-inside-the-54m-venture-engine-built-by-500-global-and-the-state/) - Since 2022, the partnership has put 380 founders from 197 startups through its seed and scale-up programs. - [Congo’s €1m “Slow-Build” VC Fund Aims to Defy Central Africa’s Startup Odds](https://launchbaseafrica.com/2025/12/22/congos-e1m-slow-build-vc-fund-aims-to-defy-central-africas-startup-odds/) - The centerpiece of the initiative is a 24-month incubation and acceleration program starting in 2026. - [Nigeria’s Allegedly 'Forged' Tax Laws, Growing Uncertainty — and What Comes Next for Tech Workers](https://launchbaseafrica.com/2025/12/22/nigerias-allegedly-forged-tax-laws-growing-uncertainty-and-what-comes-next-for-tech-workers/) - The timing could hardly be worse. Nigeria’s tech sector, once Africa’s most dynamic, is in freefall. - [The $2bn Power Play: Why Egypt Is Suddenly Africa’s Hottest Battery Market](https://launchbaseafrica.com/2025/12/22/the-2bn-power-play-why-egypt-is-suddenly-africas-hottest-battery-market/) - Development finance institutions and private capital are pouring billions into solar-plus-storage projects... - [IFC Mulls $13M Equity Stake in Egyptian Grocery Leader Breadfast](https://launchbaseafrica.com/2025/12/19/ifc-mulls-13m-equity-stake-in-egyptian-grocery-leader-breadfast/) - According to data from VNV Global, a key Swedish investor in the startup, Breadfast’s fair value rose by 31% in the first nine months of 2025. - [The Hunt Is On: Tracking African Startup-Led Acquisition Spree of 2025](https://launchbaseafrica.com/2025/12/08/the-hunt-is-on-tracking-africas-startup-acquisition-spree-of-2025/) - Unsurprisingly, the deals are largely concentrated in the continent’s most competitive sectors. - [Backed by New $23.1m, Egypt’s Valu Takes Its Distribution Playbook to EV Charging](https://launchbaseafrica.com/2025/12/19/backed-by-new-23-1m-egypts-valu-takes-its-distribution-playbook-to-ev-charging/) - Still, EV penetration in Egypt remains limited. - [Revisiting the 2025 Predictions for African Tech](https://launchbaseafrica.com/2025/12/19/revisiting-the-2025-predictions-for-african-tech/) - Capital can return quickly. Credibility and time are far harder to earn. - [Morocco Brings In 500 Global and Renew Capital for New $70m Venture-Building Push](https://launchbaseafrica.com/2025/12/18/morocco-brings-in-500-global-and-renew-capital-for-new-70m-venture-building-push/) - The inclusion of Renew Capital and 500 Global suggests a tactical effort to fix one of the Moroccan market’s historical weak points: insularity. - [Egypt’s Nawah Scientific Raises $23M Series A to Export Its “Cloud Lab” Model to Rwanda and Saudi Arabia](https://launchbaseafrica.com/2025/12/18/egypts-nawah-scientific-raises-23m-series-a-to-export-its-cloud-lab-model-to-rwanda-and-saudi-arabia/) - Founded in 2015, Nawah began as a solution to Sakr’s own frustrations as a researcher unable to find adequate lab facilities in Egypt. - [“You Can’t Lend to What You Can’t See”: Rwandan Fintech Kayko Raises $1.2m to Digitise the ‘Invisible’ SME](https://launchbaseafrica.com/2025/12/17/you-cant-lend-to-what-you-cant-see-rwandan-fintech-kayko-raises-1-2m-to-digitise-the-invisible-sme/) - The startup was founded in 2021 by brothers Crepin and Kevin Kayisire, both graduates of the African Leadership University (ALU) in Kigali. - [‘Valuations Still Far Too High’: Lexi Novitske on Investing a $205m Africa Tech Fund Amid Market Turbulence](https://launchbaseafrica.com/2025/12/10/valuations-are-still-far-too-high-norrsken22-partner-lexi-novitske-on-investing-a-205m-africa-tech-fund-amid-market-turbulence/) - In this exclusive interview, Launch Base Africa asks one of the continent’s top VCs about the key lessons from backing Africa’s leading growth-stage deals — and what’s behind the slowdown in later-stage funding. - [Dot Com Zambia’s IPO Caps a Lively Year for African Tech Listings](https://launchbaseafrica.com/2025/12/17/dot-com-zambias-ipo-caps-a-lively-year-for-african-tech-listings/) - The massive oversubscription in Morocco (Cash Plus) and the solid retail turnout in Zambia (DCZ) debunk the myth that African retail investors won’t buy tech. - [Lagos Enters the Mobility Wars With a $100m War Chest to Rival Uber’s Moove](https://launchbaseafrica.com/2025/12/17/lagos-enters-the-mobility-wars-with-a-100m-war-chest-to-rival-ubers-moove/) - The battle for the soul of Lagos's transport system just got a nine-figure injection. - [Egyptian Fintechs Pivot to Real Estate Funds as Inflation Bites](https://launchbaseafrica.com/2025/12/17/egyptian-fintechs-pivot-to-real-estate-funds-as-inflation-bites/) - The move comes after the Financial Regulatory Authority (FRA) approved a raft of new licenses for digital real estate investment funds (REIFs). - [Nigeria Leads the Charge as Local African VCs Look Beyond Their Borders in 2025](https://launchbaseafrica.com/2025/12/17/nigeria-leads-the-charge-as-local-african-vcs-look-beyond-their-borders-in-2025/) - While global funding cools, local African firms are building new investment corridors - with South Africa emerging as the prime target. - [From Idea to Investable: The ‘Product-First’ Playbook Behind Africa’s 'Toughest' Fund](https://launchbaseafrica.com/2025/12/16/from-idea-to-investable-the-product-first-playbook-behind-africas-toughest-fund/) - With an acceptance rate of just 0.1%, the fund is deliberately designed to filter aggressively for ideas that can survive real-world scrutiny before capital ever becomes the differentiator. - [Local Capital First: Why SA’s R4.6bn Startup Buyout Spree Is Reshaping Africa’s Startup Exit Playbook](https://launchbaseafrica.com/2025/12/16/local-capital-first-why-sas-r4-6bn-startup-buyout-spree-is-reshaping-africas-startup-exit-playbook/) - South Africa’s R4.6 billion buyout spree demonstrates that domestic exit markets can flourish in Africa when specific conditions align. - [The ‘Acqui-Hire’ Playbook: Inside Netcare’s Strategic Acquisition of South Africa’s Quro Medical](https://launchbaseafrica.com/2025/12/16/the-acqui-hire-playbook-inside-netcares-strategic-acquisition-of-south-africas-quro-medical/) - Netcare’s initial 55.88% stake grants it immediate control over Quro’s board. - [Algeria’s Public Startup Fund Scores First Exit as Travel-Tech Völz Raises $5M](https://launchbaseafrica.com/2025/12/12/algerias-public-startup-fund-scores-first-exit-as-travel-tech-volz-raises-5m/) - The deal marks a liquidity event for the state-backed Algerian Startup Fund and signals the entry of local industrial capital into the tech ecosystem. - [In a Debt-Heavy Solar Sector, Sun King Lands Rare $40m Equity Round From Lightrock](https://launchbaseafrica.com/2025/12/12/in-a-debt-heavy-solar-sector-sun-king-lands-rare-40m-equity-round-from-lightrock/) - The latest funding rounds out a massive year for the solar giant, following a record-breaking securitisation deal in Kenya. - [Africa’s Tech Reckoning: Why 2025 Became the Year of Deals, Departures and Difficult Truths](https://launchbaseafrica.com/2025/12/12/africas-tech-reckoning-why-2025-became-the-year-of-deals-departures-and-difficult-truths/) - A headline funding recovery masks a fundamental restructuring of the continent's startup landscape. - [The Human Cost of Peak Season: Why Retail’s Busiest Period Demands a People-First Strategy](https://launchbaseafrica.com/2025/12/12/the-human-cost-of-peak-season-why-retails-busiest-period-demands-a-people-first-strategy/) - Ashwin Rajah, Founder of the Stress to Success System and Mindset Matters, and a Partner at Change Partners, writes from Midrand, South Africa. - [Uganda’s Fintech Map Rewritten as Wave Crashes the Telco Stronghold](https://launchbaseafrica.com/2025/12/11/ugandas-fintech-map-rewritten-as-wave-crashes-the-telco-stronghold/) - The era of the “Wild West” in Ugandan fintech is officially over - [“Open” vs “Owned”: A Two-Track EV Strategy Emerges in East Africa](https://launchbaseafrica.com/2025/12/10/open-vs-owned-a-two-track-ev-strategy-emerges-in-east-africa/) - Seven of twelve African e-mobility companies that raised funding this year focus on battery-swapping infrastructure rather than vehicle charging, making standardisation increasingly critical. - [End of the Road for Banxso Executives: South Africa’s Fintech Dream Turns Into a $118M Nightmare](https://launchbaseafrica.com/2025/12/10/end-of-the-road-for-banxso-executives-south-africas-fintech-dream-turns-into-a-118m-nightmare/) - Banxso (Pty) Ltd once styled itself as a high-tech gateway for everyday South Africans to trade global markets with ease. - [Helios Extends Data Centre Buying Spree Across North Africa](https://launchbaseafrica.com/2025/12/10/helios-tightens-grip-on-north-african-data-assets-with-moroccan-platform-launch/) - The formation of 3MDC is not an isolated event. It follows closely on the heels of Helios’s aggressive move into the Egyptian market in September. - [Uber Backer Founder Collective Joins $2M Bet on South African Stablecoin Payments](https://launchbaseafrica.com/2025/12/09/uber-backer-founder-collective-joins-2m-bet-on-south-african-stablecoin-payments/) - The round was led by Raba Partnership, a VC firm with a strong track record in African fintech (including Flutterwave and Stitch). - [From Logistics to Fintech, E-Commerce to Mushrooms: Inside Africa’s Year of Unlikely Comebacks](https://launchbaseafrica.com/2025/12/09/from-logistics-to-fintech-e-commerce-to-mushrooms-inside-africas-year-of-unlikely-comebacks/) - Data compiled from recent African startup failures shows that once a founder experiences a shutdown, 68.3% never return to launch new ventures. - [The Lessons from Cash Plus’s $5.2bn Oversubscribed IPO](https://launchbaseafrica.com/2025/12/09/the-lessons-from-cash-pluss-5-2bn-oversubscribed-ipo/) - Here are the numbers behind the frenzy and the four key lessons for the ecosystem. - [Morocco's Cash Plus Hits $550m Valuation as Mediterrania Capital Partners Sells Down Stake in IPO](https://launchbaseafrica.com/2025/11/27/moroccos-cash-plus-hits-550m-valuation-as-mediterrania-capital-partners-sells-down-stake-in-ipo/) - Cash Plus has set a new benchmark for North African fintechs. - [Phygital Scale: Ghana’s CarePoint Taps Japanese Debt to Push “Micro-Clinic” Model Into Egypt](https://launchbaseafrica.com/2025/12/08/phygital-scale-ghanas-carepoint-taps-japanese-debt-to-push-micro-clinic-model-into-egypt/) - The Japanese development agency is stepping beyond traditional grants, joining VCs and corporate giants to finance the expansion of a Ghanaian "phygital" healthcare provider. - [Egypt Mandates State Insurance Funds to Pump Cash Into Local Equities](https://launchbaseafrica.com/2025/12/08/egypt-mandates-state-insurance-funds-to-pump-cash-into-local-equities/) - The Egyptian Exchange will soon be awash with cash from unusual corridors. - [Walletdoc Founders Exit as Capitec Acquires South African Fintech for $23.5M](https://launchbaseafrica.com/2025/12/08/walletdoc-founders-exit-as-capitec-acquires-fintech-for-23-5m/) - Capitec is paying a premium for the established payment stack. - [Mapped: Where Gulf VC Money Is Currently Flowing in Africa — And Where It Isn’t](https://launchbaseafrica.com/2025/12/05/the-map-where-gulf-vc-money-actually-goes-in-africa-in-2025/) - In 2025, Gulf investors rarely lead African tech rounds. - [“Don’t Build for Hypothetical Problems”: What Immobazyme’s Founders Learned While Dragging University IP Into the Marketplace](https://launchbaseafrica.com/2025/12/02/dont-build-for-hypothetical-problems-what-immobazymes-founders-learned-while-dragging-university-ip-into-the-marketplace/) - " Our aim has always been to build globally competitive biotechnology capabilities here in South Africa" - [‘We Are Here to Stay’: Inside Estonia’s Long-Term Play for Africa’s Tech Ecosystem](https://launchbaseafrica.com/2025/12/05/we-are-here-to-stay-inside-estonias-long-term-play-for-africas-tech-ecosystem/) - Estonia, the tiny digital nation that rewrote its own future, is now scripting a new chapter 6,000 kilometers away. - [Teranga Capital Targets West Africa’s ‘Frontier’ Markets With New DFI Backing](https://launchbaseafrica.com/2025/12/04/teranga-capital-targets-west-africas-frontier-markets-with-new-dfi-backing/) - The French DFI's guarantee aims to de-risk investments in West African SMEs as the Dakar-based firm looks to expand into Mauritania and Guinea-Bissau. - [Regulators Circle Shein and Temu After Explosive Report on SA Market Disruption](https://launchbaseafrica.com/2025/12/04/regulators-circle-shein-and-temu-after-explosive-report-on-sa-market-disruption/) - This is not the first time the duo has faced scrutiny. - [2026 Forecast: New CBN Rules Could Turn Nigeria’s Fintech Growth Engine Into a Cost Centre](https://launchbaseafrica.com/2025/12/03/2026-forecast-new-cbn-rules-could-turn-nigerias-fintech-growth-engine-into-a-cost-centre/) - This policy arrives as Nigeria heads into a critical and uncertain year of banking sector recapitalization. - [Tunisia Scraps 50-Year Forex Rule to Retain Tech Talent and Startups](https://launchbaseafrica.com/2025/12/04/tunisia-scraps-50-year-forex-rule-to-retain-tech-talent-and-startups/) - The approval comes just one year after a similar measure was defeated. - [From $5.3m Burnout to a Bioshroom Bet: Inseco Founder Plots a Comeback](https://launchbaseafrica.com/2025/12/04/from-5-3m-burnout-to-a-bioshroom-bet-inseco-founder-plots-a-comeback/) - Simon Hazell returns to the CEO seat at Bioshroom, betting on high-margin wellness over commodity protein after energy crises and strategic missteps shuttered his previous agritech venture. - [iPOS Emerges From iProcure’s Collapse With SunCulture Backing](https://launchbaseafrica.com/2025/12/03/ipos-emerges-from-iprocures-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. - [Renewed Ties and Regulatory Reforms Open South African Doors to UK Fintechs](https://launchbaseafrica.com/2025/12/03/renewed-ties-and-regulatory-reforms-open-south-african-doors-to-uk-fintechs/) - A flurry of regulatory approvals for British heavyweights this week coincides with a major diplomatic push from Downing Street, signaling a new era for cross-border fintech in South Africa. - [Kenyan Insurtech mTek Makes Rare Exit to Singapore Unicorn Bolttech](https://launchbaseafrica.com/2025/12/03/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. - [500 Global’s Africa Strategy Hit as Partner Exits After One Year](https://launchbaseafrica.com/2025/12/02/500-globals-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. - [I&P Secures $46.7m First Close for Third African Fund to Target the ‘Missing Middle’](https://launchbaseafrica.com/2025/12/02/ip-secures-46-7m-first-close-for-third-african-fund-to-target-the-missing-middle/) - The veteran impact investor is targeting a $81.2m final close to back businesses in West Africa and Madagascar that are too big for microfinance but too small for traditional private equity. - [Egypt Makes Remote Tech Talent Exports Tax-Free — And Multinationals Are Lining Up](https://launchbaseafrica.com/2025/12/01/egypt-makes-remote-tech-talent-exports-tax-free-and-multinationals-are-lining-up/) - Egypt’s tax clarification removes a genuine barrier for service exporters. - [South African Agritech SwiftVEE Raises $10m to Bring Fintech to Livestock Trading](https://launchbaseafrica.com/2025/12/01/south-african-agritech-swiftvee-raises-10m-to-bring-fintech-to-livestock-trading/) - The platform wants to do more than just digitise auctions - it wants to layer financial services onto the $100m in livestock it trades annually. - [South African Biotech Immobazyme Raises $2.9m to Localize Biologics Manufacturing](https://launchbaseafrica.com/2025/12/01/south-african-biotech-immobazyme-raises-2-9m-total-funding-to-localize-biologics-manufacturing/) - The University of Stellenbosch spinoff is building a new facility in Cape Town to tackle Africa's reliance on imported active pharmaceutical ingredients. - [DFIs and European Funds Keep Africa’s 2025 Rebound on Track in November Despite Cooling VC Flows](https://launchbaseafrica.com/2025/12/01/dfis-and-european-funds-keep-africas-2025-rebound-on-track-in-november-despite-cooling-vc-flows/) - With one month remaining in 2025, the African tech ecosystem has firmly rebounded from the lows of 2024. - [Egypt’s Government Is Backing More Startups Than Kenya and Nigeria Combined. What Gives?](https://launchbaseafrica.com/2025/11/28/egypts-government-is-backing-more-startups-than-kenya-and-nigeria-combined-what-gives/) - Here is why the difference matters. - [African Startup Deal Tracker — Newest Deals](https://launchbaseafrica.com/2025/11/28/african-startup-deal-tracker-newest-deals-16/) - Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month - [From Seed to Exit in Seven Months: Egypt’s InfiniLink Delivers a 4x Return for Its State Backer](https://launchbaseafrica.com/2025/11/28/from-seed-to-exit-in-seven-months-egypts-infinilink-delivers-a-4x-return-for-its-state-backer/) - After participating in InfiniLink's $10 million seed round this April, Egypt Venture and M Empire Angels are now securing a 4x return. - [Ethiopia’s New Currency War Front: The Back Offices of Licensed Fintech Apps](https://launchbaseafrica.com/2025/11/28/ethiopias-new-currency-war-front-the-back-offices-of-fintech-apps/) - Ethiopian authorities have opened a new war front in a less conventional theatre. - [South Africa’s Stablecoin Obsession Is a $5bn Headache for Regulators](https://launchbaseafrica.com/2025/11/27/south-africas-stablecoin-obsession-is-a-5bn-headache-for-regulators/) - To put this in perspective: more than 13 per cent of the South African population is now active on crypto exchanges. - [The Solo Capitalists: Sector Mandates, Not Partners, Rule African Seed Investing](https://launchbaseafrica.com/2025/11/26/the-solo-capitalists-sector-mandates-not-partners-rule-african-seed-investing/) - Data from 2025 reveals that the 'clubby' syndicates of Silicon Valley are absent in Africa, where capital formation is driven by industry mandates and geography rather than investor relationships. - [FSD Africa Launches $30m Fund to Back the Continent’s Next Wave of Insurtech Startups](https://launchbaseafrica.com/2025/11/26/fsd-africa-launches-30m-fund-to-back-the-continents-next-wave-of-insurtech-startups/) - FSD Africa’s new venture launch signals a rare push to fund African startups at the riskiest stage — where capital is scarcest, impact is highest, and most investors still refuse to play. - [Canva sharpens its localisation strategy with first physical African office](https://launchbaseafrica.com/2025/11/26/canva-sharpens-its-localisation-strategy-with-first-physical-african-office/) - The Johannesburg opening comes as Canva escalates its war with creative software giant Adobe. - [How a Nigerian Fintech Saved dLocal's Africa Story as Egypt Revenues Crashed 56%](https://launchbaseafrica.com/2025/11/24/how-a-nigerian-fintech-saved-dlocals-africa-story-as-egypt-revenues-crashed-56/) - Latin America–founded payments processor dLocal has long presented Africa and Asia as its next major growth pillar outside its home region. - [Chui Ventures Closes Oversubscribed $17.3M Debut Fund to Back African Seed-Stage Founders](https://launchbaseafrica.com/2025/11/25/chui-ventures-closes-oversubscribed-17-3m-debut-fund-to-back-african-seed-stage-founders/) - The firm has signaled plans to launch Fund II, targeting a corpus of $60m with a hard cap of $100m. - [French Development Bank Proparco Enters Africa’s EV Fray with BasiGo Investment](https://launchbaseafrica.com/2025/11/25/french-development-bank-proparco-enters-africas-ev-fray-with-basigo-investment/) - The Proparco-BasiGo deal is a microcosm of a broader trend reshaping the African e-mobility landscape. - [Africa’s Mobility Fintechs Are Going Overseas — Hakki’s Thailand Launch Shows Why](https://launchbaseafrica.com/2025/11/25/africas-mobility-fintechs-are-going-overseas-hakkis-thailand-launch-shows-why/) - This pivot to Southeast Asia hints at a growing trend. - [Brinkmanship and Secrecy: Lessons From a Year of Tech Trench Warfare in Africa](https://launchbaseafrica.com/2025/11/25/brinkmanship-and-secrecy-lessons-from-a-year-of-tech-trench-warfare-in-africa/) - Strip away the geographic and sectoral differences, and a consistent narrative emerges from 2025’s major African regulatory actions: - [Partech Continues Africa Spending Spree With $17m Bet on Refurbished Marketplace Revibe](https://launchbaseafrica.com/2025/11/25/partech-continues-africa-spending-spree-with-17m-bet-on-refurbished-marketplace-revibe/) - The Revibe deal underscores the sheer velocity of Partech Africa II, the €280m fund which closed at its hard cap in late 2024. - [South Africa’s B20 Presidency Yields a New $100M Vehicle for African Tech](https://launchbaseafrica.com/2025/11/24/south-africas-b20-presidency-yields-a-new-100m-vehicle-for-african-tech/) - The B20 South Africa Digital Inclusion Fund aims to de-risk investments in connectivity, fintech, and healthcare through a blended capital model. - [Paystack Fires Co-Founder Ezra Olubi, Sparking Legal Showdown Over “Process Violation”](https://launchbaseafrica.com/2025/11/24/paystack-fires-co-founder-ezra-olubi-sparking-legal-showdown-over-process-violation/) - The Stripe-owned unicorn has terminated its CTO days after suspending him for alleged misconduct. Olubi claims he was fired without a hearing, setting the stage for a high-stakes governance battle. - [Morocco Activates $269M Liquidity Injection to Backstop Local VCs](https://launchbaseafrica.com/2025/11/21/morocco-activates-269m-liquidity-injection-to-backstop-local-vcs/) - This marks one of North Africa’s most significant public interventions in venture capital to date. - [The HEC Paris Experiment: Can Policy + Capital Move Côte d’Ivoire From the Margins of African Tech?](https://launchbaseafrica.com/2025/11/21/the-hec-paris-test-can-policy-capital-finally-move-cote-divoire-from-the-margins-to-the-centre-of-african-tech/) - Can Côte d’Ivoire become a rare example of a working Startup Act in sub-Saharan Africa? - [South African Startups Get UK-Backed Path to JSE Listing in New Investment Push](https://launchbaseafrica.com/2025/11/21/south-african-startups-get-uk-backed-path-to-jse-listing-in-new-investment-push/) - London-based support aims to fix the "exit gap" for local tech, alongside R500m in projected private finance for SMEs. - [South Africa Has a New Plan to Stop Its Startup Founders Fleeing](https://launchbaseafrica.com/2025/11/21/south-africa-has-a-new-plan-to-stop-its-startup-founders-fleeing/) - If it doesn’t, founders will continue hopping on the first plane to Palo Alto via the Delaware Secretary of State’s filing portal. - [Hard Hardware: Why African EV Startups Are Struggling to Fit the VC Power Law](https://launchbaseafrica.com/2025/11/21/hard-hardware-why-african-ev-startups-are-struggling-to-fit-the-vc-power-law/) - For founders, the investor landscape dictates strategy. - [Four Years, Three Launches: Senegal Reboots Its Struggling Startup Act — Again](https://launchbaseafrica.com/2025/11/21/four-years-three-launches-senegal-reboots-its-struggling-startup-act-again/) - After five years of legislative limbo and bureaucratic delays, Dakar has launched the digital tools necessary to make its 2020 Startup Act operational. But with regional rivals racing ahead, is it too little, too late? - [Egypt’s valU: 19 Bond Issuances and Counting](https://launchbaseafrica.com/2025/11/20/egypts-valu-19-bond-issuances-and-counting/) - Egyptian fintech valU has maintained its record of raising funds through bond issuances every quarter, despite recently going public. - [Five African Women-Led Startups Win Naspers Backing — a First for the Embattled Investor](https://launchbaseafrica.com/2025/11/19/five-african-women-led-startups-win-naspers-backing-a-first-for-the-embattled-investor/) - After shuttering its R1.4bn venture fund amid criticism over diversity, the South African tech giant is betting on female founders with equity-free grants - [The 4% Problem: The Multi-Billion Dollar Hole in Africa’s Agritech Story](https://launchbaseafrica.com/2025/11/19/the-4-problem-the-multi-billion-dollar-hole-in-africas-agritech-story/) - The implication for founders is clear but uncomfortable: chasing user growth metrics to satisfy investors may be building fragile supply chains. - [With New $23m Fund, SA SME Fund Targets South Africa's Climate Tech Seed Crunch](https://launchbaseafrica.com/2025/11/19/with-new-23m-fund-sa-sme-fund-targets-south-africas-most-pressing-climate-tech-bottleneck-seed-funding/) - The Climate Tech Fund of Funds will pursue multiple objectives beyond financial returns. - [South Africa's Plentify Secures Series A to Export Energy Management Solution](https://launchbaseafrica.com/2025/11/18/south-african-climate-tech-plentify-secures-series-a-to-export-energy-management-solution/) - The startup, born out of South Africa's energy crisis, has raised fresh capital to take its load-shifting technology to the UK, Australia, and Brazil. - [Rethinking Urban Work: Why the 15-Minute City Matters](https://launchbaseafrica.com/2025/11/18/rethinking-urban-work-why-the-15-minute-city-matters/) - As CEO of Workshop17, Paul Keursten has observed how the geography of work affects business performance and quality of life. Here, he shares his lessons. - [Cannibalise to Conquer: Why Egyptian Fintech Valu Is Killing Its Legacy Loans for a Payment Moat](https://launchbaseafrica.com/2025/11/18/cannibalise-to-conquer-why-egyptian-fintech-valu-is-killing-its-legacy-loan-product-to-build-a-payment-moat/) - For years, Valu has been one of Egypt’s standout buy now, pay later (BNPL) players. But its latest earnings report shows something more striking. - [Inside Egypt’s 80-Point Plan to Win Back Its Startups](https://launchbaseafrica.com/2025/11/17/inside-egypts-80-point-plan-to-win-back-its-startups/) - Here is a breakdown of what’s inside the new charter and the challenges it faces. - ['Don’t Wait to Be Perfect': How Selling Imperfect Produce Helped Farm to Feed Land a $1.5M Seed Round](https://launchbaseafrica.com/2025/11/04/dont-wait-for-it-to-be-perfect-how-selling-imperfect-produce-helped-farm-to-feed-land-a-1-5m-seed-round/) - Pushing a problem that you think is important onto a customer doesn’t work. - [Germany’s develoPPP Ventures Steps Up Its Hunt for Africa’s Next Breakout Startups](https://launchbaseafrica.com/2025/11/17/germanys-developpp-ventures-steps-up-its-hunt-for-africas-next-breakout-startups/) - According to the programme, this model is designed to “effectively double the capital injection” without forcing founders to dilute their equity further. - [From Shell’s Hedges to Standard Bank’s Defence: The Hotbed of Corporate Venture Capital in Africa in 2025](https://launchbaseafrica.com/2025/11/17/from-shells-hedges-to-standard-banks-defence-why-corporate-money-is-currently-flooding-african-tech/) - Kenya emerges as a major destination for corporate venture capital, attracting significant investment including multiple Japanese-backed deals. - [Egypt Wipes Out a Quarter of Its Microfinance Sector](https://launchbaseafrica.com/2025/11/17/egypt-wipes-out-a-quarter-of-its-microfinance-sector/) - Why go through the hassle? - [Meet the Local Heavyweights Leading Revolut’s Africa Charge](https://launchbaseafrica.com/2025/11/17/meet-the-local-heavyweights-leading-revoluts-africa-charge/) - As the $75bn fintech submits banking licence applications in South Africa and Morocco, seasoned industry veterans are taking the helm in what could prove the company's most complex expansion yet. - [Fawry’s 20% AI-Written Code Shows African Tech’s Most Important Shift Yet](https://launchbaseafrica.com/2025/11/14/fawrys-20-ai-written-code-shows-african-techs-most-important-shift-yet/) - As 2025 draws to an end, earnings reports from Jumia, Fawry, and Swvl reveal a new playbook. We analyzed the common themes and what they mean for the continent's tech future. - [One Scandal a Year: Paystack CTO Suspension Spotlights Nigerian Tech’s Leadership Crisis](https://launchbaseafrica.com/2025/11/14/one-scandal-a-year-paystack-cto-suspension-spotlights-nigerian-techs-leadership-crisis/) - The suspension of Ezra Olubi at Stripe-owned Paystack is the latest in a troubling series of founder-related crises, raising urgent questions about governance and trust in Africa's most-funded ecosystem. - [With First-Mover REIT, Fintech Unicorn MNT-Halan Raises the Stakes in Egypt’s Proptech Race](https://launchbaseafrica.com/2025/11/14/with-first-mover-reit-fintech-unicorn-mnt-halan-raises-the-stakes-in-egypts-proptech-race/) - Egypt’s largest fintech, MNT-Halan, is making a significant play for the country’s real estate market. - [How Fawry Outgrew Payments and Became Egypt’s Fintech Profit Machine](https://launchbaseafrica.com/2025/11/13/how-fawry-outgrew-payments-and-became-egypts-fintech-profit-machine/) - These margins are exceptionally high for a fintech company, particularly in a market like Egypt. - [M-KOPA: From $160M Funding Round to Courtroom Battle](https://launchbaseafrica.com/2025/11/13/from-160m-funding-round-to-courtroom-battle-m-kopa-co-founder-alleges-manipulated-share-scheme/) - The African fintech, fresh from a major banking partnership, faces a formal complaint from a co-founder alleging a "grossly unfair" employee share buyback plan. - [Afreximbank Doubles Down on Gagan Gupta: Spiro Founder Bags New $300M for Minerals Platform A2MP](https://launchbaseafrica.com/2025/11/12/afreximbank-doubles-down-on-gagan-gupta-spiro-founder-bags-new-300m-for-minerals-platform-a2mp/) - The investment from Afreximbank's equity arm, FEDA, aims to move the continent beyond raw ore exports and capture the lucrative processing and manufacturing value chain. - [Seed Swarms vs. Mega-Checks: Inside the Two-Speed Strategy of French VCs in Africa In 2025](https://launchbaseafrica.com/2025/11/12/seed-swarms-vs-mega-checks-inside-the-two-speed-strategy-of-french-vcs-in-africa-in-2025/) - Is France’s ‘Francophone-First’ strategy a moat or a blindspot in African Tech? - [Jumia’s Fintech Ambitions Remapped as JumiaPay App Transactions Collapse](https://launchbaseafrica.com/2025/11/12/jumias-fintech-ambitions-remapped-as-jumiapay-app-transactions-collapse/) - The pan-African e-commerce player's Q3 2025 results show a strategic retreat from its standalone payment app, as it doubles down on core e-commerce and its path to profitability. - [BII Backs mPharma for Francophone Push Following Founder’s Exit](https://launchbaseafrica.com/2025/11/12/bii-backs-mpharma-for-francophone-push-following-founders-exit/) - The Ghanaian healthtech, now under new leadership, has secured a strategic investment from BII-backed GIP Ghana to expand its pharmacy network into Togo and Benin. - [Anka's New Owner Global Shop Faces Critical Data Leak Days After Acquisition](https://launchbaseafrica.com/2025/11/12/ankas-new-owner-inherits-major-data-leak-as-critical-auth-tokens-sold-online/) - The embattled pan-African e-commerce platform Anka is grappling with a severe data breach affecting over half a million users. - [Why Global Tech Giants Are Offshoring Their Engineering Jobs to Egypt](https://launchbaseafrica.com/2025/11/11/why-global-tech-giants-are-offshoring-their-engineering-jobs-to-egypt/) - The country’s digital export revenues have surged from $2.4 billion in 2022 to $4.8 billion in 2025 - [The Rare Billion-Dollar Fund Betting on Africa’s EV Future](https://launchbaseafrica.com/2025/11/10/the-rare-billion-dollar-fund-betting-on-africas-ev-future/) - The investment arrives as several African governments implement policies favourable to electric vehicles. - [Kenya’s Startup Crash Makes Way for Japanese Capital and Climate Dominance](https://launchbaseafrica.com/2025/11/10/kenyas-startup-crash-makes-way-for-japanese-capital-and-climate-dominance/) - Kenya’s ecosystem has become highly specialised. - [Equinix Escalates Lagos ‘Data Centre War’ With $100M Expansion Plan](https://launchbaseafrica.com/2025/11/10/equinix-escalates-lagos-data-centre-war-with-100m-expansion-plan/) - The US giant, which already owns MainOne, is building a new $22m facility as it battles rivals for dominance in West Africa's digital hub. - [Lifestores CEO Steps Down as African Tech’s “Great Handover” Continues](https://launchbaseafrica.com/2025/11/10/lifestores-ceo-steps-down-as-african-techs-great-handover-continues/) - Andrew Garza’s transition from CEO at Lifestores Healthcare is the latest in a wave of founder successions at major African startups - [The USAID-Shaped Hole: Nine Months On, African Tech Startup's Story Has a New Plot](https://launchbaseafrica.com/2025/11/10/the-usaid-shaped-hole-nine-months-on-african-techs-startup-story-has-a-new-plot/) - A US aid pullout nine months ago triggered fears of an ecosystem collapse. But while early-stage startups are failing in record numbers, late-stage mega-deals are pushing funding to new highs. What's really going on? - [From Media Giant to Family Business: Meet the First Firms Tapping Nigeria’s Landmark $200M Cleantech Fund — Updated](https://launchbaseafrica.com/2025/11/07/from-media-giant-to-family-business-meet-the-first-companies-tapping-nigerias-landmark-200m-cleantech-fund/) - A mix of established mini-grid operators, a family-run business, and a media giant's new energy venture are among the first to receive funding to build hundreds of solar mini-grids across Nigeria. - [The 2025 Angel Map: Who’s Investing Where, from M Empire in Cairo to MAX Founders in Lagos](https://launchbaseafrica.com/2025/11/07/the-2025-angel-map-whos-investing-where-from-m-empire-in-cairo-to-max-founders-in-lagos/) - A 2025 analysis reveals over $50M in angel-backed deals as organized networks professionalize to fill the pre-seed void, but a total lack of exits poses a long-term threat. - [Meet the South African ‘Sharks’ Hunting AI Deals with a New $200M Fund](https://launchbaseafrica.com/2025/11/07/meet-the-south-african-sharks-hunting-ai-deals-with-a-new-200m-fund/) - “We don’t just deploy capital; we create exceptional returns by working to grow the businesses we invest in.” - [Ventures Platform Gets $64M First Close to Move Beyond Seed Stage in Africa](https://launchbaseafrica.com/2025/11/06/ventures-platform-gets-64m-first-close-to-move-beyond-seed-stage-in-africa/) - The Lagos-based VC, backed by BII, IFC and Michael Seibel, has secured the capital for its second fund and will now lead Series A rounds. - [Why Own the Balance Sheet? Optasia’s $1.3B IPO Crowns the Platform Model for African Fintech](https://launchbaseafrica.com/2025/11/05/why-own-the-balance-sheet-optasias-1-3b-ipo-crowns-the-platform-model-for-african-fintech/) - The company, which evolved from its 2012 origins as airtime credit provider Channel VAS, now processes over 31m transactions daily for 120m active monthly users. - [YC’s New African Playbook: From Accelerator to Continuity Fund](https://launchbaseafrica.com/2025/11/05/ycs-new-african-playbook-from-accelerator-to-continuity-fund/) - While the front door for new startups has narrowed, YC has been busy writing multi-million dollar cheques to prop up its existing African champions. - [Chari’s ‘Mini-Bank’ Strategy Lures Top Egyptian Fintech VC to Morocco](https://launchbaseafrica.com/2025/11/05/charis-mini-bank-strategy-lures-top-egyptian-fintech-vc-to-morocco/) - The Cairo-based fintech fund has joined the Moroccan B2B e-commerce startup's Series A extension, betting on its push into embedded finance and Banking-as-a-Service. - [NextProtein Lands $20.7M Series B to Scale Insect Protein in Tunisia](https://launchbaseafrica.com/2025/11/04/nextprotein-lands-20-7m-series-b-to-scale-insect-protein-in-tunisia/) - For BII, the deal marks its first direct investment in Tunisia. - [Standard Bank Takes $43M Equity Stake in New GX’s Clean-Tech Platform Airnergize](https://launchbaseafrica.com/2025/11/04/standard-bank-takes-43m-equity-stake-in-new-gxs-clean-tech-platform-airnergize/) - The capital is earmarked for Sustainable Power Solutions (SPS), a key utility operating under the Airnergize platform. - [Anda, an Angolan Mobility Startup, Raises $3.4M Seed Round Led by Breega](https://launchbaseafrica.com/2025/11/03/anda-an-angolan-mobility-startup-raises-3-4m-seed-round-led-by-breega/) - The Luanda-based company provides a "drive-to-own" model to formalize the country's 1.2m-strong motorcycle taxi market. - [TymeBank Names CCO Cheslyn Jacobs as New CEO Ahead of IPO Push](https://launchbaseafrica.com/2025/11/03/tymebank-names-cco-cheslyn-jacobs-as-new-ceo-ahead-of-ipo-push/) - Karl Westvig, who oversaw the fintech’s unicorn valuation, will move to an advisory role as the 11m-customer bank preps for a 2028 NYSE listing. - [Morocco’s Fintech Revolution Hits the Snooze Button](https://launchbaseafrica.com/2025/11/03/moroccos-fintech-revolution-hits-the-snooze-button/) - Just weeks after celebrating an 'open' payments market, incumbent CMI gets additional edge citing bureaucracy and a major football tournament. - [Fintech CashPlus Jolts Morocco’s Quiet IPO Market with Rare $82M Listing](https://launchbaseafrica.com/2025/11/03/fintech-cashplus-jolts-moroccos-quiet-ipo-market-with-rare-82m-listing/) - The listing is the first for Morocco's non-banking financial sector and will fund a digital and physical expansion as the country aims to boost its public markets. - [American and French Investors Lead $392M African Startup Funding Wave in October](https://launchbaseafrica.com/2025/11/03/american-and-french-investors-lead-392m-african-startup-funding-wave-in-october/) - This international support was matched by strong local and regional ecosystem participation. - [Farm to Feed Raises $1.5M to Turn Kenya’s Food Loss into a B2B Marketplace](https://launchbaseafrica.com/2025/11/03/farm-to-feed-raises-1-5m-to-turn-kenyas-food-loss-into-a-b2b-marketplace/) - The startup will use the seed funding to expand its B2B marketplace that buys surplus and "imperfect" produce from smallholder farmers, aiming to boost incomes and enter new markets. - [Nigerian Cleantech Rana Energy Raises $3M to Replace Diesel Generators with AI-Powered Solar](https://launchbaseafrica.com/2025/10/15/nigerian-cleantech-rana-energy-raises-3m-to-replace-diesel-generators-with-ai-powered-solar/) - The Lagos-based startup combines equity and debt in a pre-seed round to scale its AI-driven 'digital utility' platform across Africa. - [African Startup Deal Tracker — Newest Deals](https://launchbaseafrica.com/2025/10/30/african-startup-deal-tracker-newest-deals-15/) - Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month. - [Nigeria’s New Tax Teeth Bite Into Fintech’s Public Debt Party](https://launchbaseafrica.com/2025/10/31/nigerias-new-tax-teeth-bite-into-fintechs-public-debt-party/) - This new rule targets the very instruments fintechs had come to love. - [How Failed Tech Expansions Are Creating Africa’s Next Generation of Founders](https://launchbaseafrica.com/2025/10/31/how-failed-tech-expansions-are-creating-africas-next-generation-of-founders/) - Safeboda’s Kenya story offers perhaps the clearest example of how corporate retreats birth entrepreneurial advances. - [The Blind Spots and Their Backers: What Africa’s ‘Big Four’ Tech Markets Avoid and Why](https://launchbaseafrica.com/2025/10/31/the-blind-spots-and-their-backers-what-africas-big-four-tech-markets-dont-build-and-why/) - In 2025, the “Big Four” are not a monolith; they are four distinct markets with unique investor appetites. - [Optasia’s Book-Build Covered at Top End, Securing a $1.3B Valuation Ahead of JSE Debut](https://launchbaseafrica.com/2025/10/31/optasias-book-build-covered-at-top-end-securing-a-1-3b-valuation-ahead-of-jse-debut/) - Unlike many high-burn tech companies that listed in 2021, Optasia is coming to market with strong fundamentals. The company is profitable, reporting revenue of $150m in 2024 and a net profit of $36m. - [Egypt’s Finance License Ban Creates a Buyers’ Market](https://launchbaseafrica.com/2025/10/30/egypts-finance-license-ban-creates-a-buyers-market/) - The developing acquisition frenzy is targeting one of the region’s most promising markets. - [Proptech-as-a-Bank: Inside Nawy’s Oversubscribed Mortgage Fund Sold Out in Ten Days](https://launchbaseafrica.com/2025/10/30/proptech-as-a-bank-inside-nawys-oversubscribed-mortgage-fund-sold-out-in-ten-days/) - “This fund proves that when innovation meets experience and a bold regulator, new opportunities emerge.” - [Meet the Most Active Investors in African Tech Startups in Q3](https://launchbaseafrica.com/2025/10/29/africas-most-active-investors-in-q3/) - The quarter’s activity highlights a continued reliance on international capital, with strategic corporate investors and US-based accelerators also featuring prominently. - [Cracking the Code: How African Startups Can Attract Japanese Venture Capital](https://launchbaseafrica.com/2025/10/30/cracking-the-code-how-african-startups-can-attract-japanese-venture-capital/) - By Bernard Laurendeau, founder of Enkopa Lab Japan and ex-CEO and Co-Founder of Arifpay, Ethiopia's first licensed payment system operator. - [Green Climate Fund Pours $40M into Novastar Ventures’ Africa Climate Fund](https://launchbaseafrica.com/2025/10/30/green-climate-fund-pours-40m-into-novastar-ventures-africa-climate-fund/) - The GCF's equity stake is designed to de-risk investment and mobilise private capital for Africa's climate-tech sector. - [Breadfast’s 47 Profitable Fulfillment Points Now Process Over 1 Million Monthly Orders](https://launchbaseafrica.com/2025/10/29/breadfasts-47-profitable-fulfillment-points-now-process-over-1-million-monthly-orders/) - A leader in its field, Vezeeta is also valued at a strong 5.9x multiple of its revenue by VNV Global, reflecting high investor confidence. - [Kenya’s Crypto ‘Grey Zone’ Ends: Operators Have 12 Months to Join Annual Licensing Club](https://launchbaseafrica.com/2025/10/29/kenyas-crypto-grey-zone-ends-operators-have-12-months-to-join-annual-licensing-club/) - The new law creates a dual-oversight model that pragmatically divides responsibilities between existing regulators rather than inventing yet another government agency. - [Nigeria’s Zedcrest Capital Exits Leatherback’s Cap Table After $10M Pre-Seed Round Amid Boardroom Battle](https://launchbaseafrica.com/2025/10/28/nigerias-zedcrest-capital-exits-leatherbacks-cap-table-after-10m-pre-seed-round-amid-boardroom-battle/) - Leatherback's lead investor has divested its stake following a turbulent period marked by fraud investigations, CEO changes, and strategic disputes that reshaped the cross-border payments startup - [Egypt’s Swvl Extends Profit Streak to Three Quarters on GCC Expansion](https://launchbaseafrica.com/2025/10/28/egypts-swvl-extends-profit-streak-to-three-quarters-on-gcc-expansion/) - Swvl’s journey has been marked by significant challenges since its $1.5bn SPAC merger in early 2022. - [Calendar Activism Won’t Build Inclusive Companies](https://launchbaseafrica.com/2025/10/28/calendar-activism-wont-build-inclusive-companies/) - Leading 25,000 people across Southern Africa has taught Alan Quinn, CEO of Empact Group, that authentic inclusion cannot be scheduled. In this candid piece, he urges business leaders to move beyond performative diversity. - [Airtel’s $193B Fintech Engine Powers Africa’s Next Wave of Tech IPOs](https://launchbaseafrica.com/2025/10/28/airtels-193bn-fintech-machine-signals-new-era-for-african-listings/) - Airtel Africa’s mobile money arm is now processing transactions at an annualised rate of $193 billion - [Ethiopia’s Gebeya Takes On ‘Vibe Coding’ Giants: ‘The Existing Tools Aren’t Built for Us’](https://launchbaseafrica.com/2025/10/28/ethiopias-gebeya-takes-on-vibe-coding-giants-the-existing-tools-arent-built-for-us/) - “While the world is excited about ‘Vibe Coding,’ the conversation misses a crucial point," - [Lagos vs. Cape Town: The 2025 Playbooks of Funded Startups](https://launchbaseafrica.com/2025/10/28/lagos-vs-joburg-the-2025-playbooks-of-funded-startups/) - A comparative analysis of 2025 funding rounds in startups by Launch Base Africa reveals that Africa’s two largest tech hubs are operating from fundamentally different scripts. - [South Africa’s Maxwell+Spark Raises $15M to Decarbonise Forklifts and Cold-Chain Logistics](https://launchbaseafrica.com/2025/10/27/south-africas-maxwellspark-raises-15m-to-decarbonise-forklifts-and-cold-chain-logistics/) - The cash will be used to scale its lithium-ion systems that replace diesel and lead-acid power in industrial vehicles. - [Africa’s Two Tech Hubs Get FATF Regulatory Upgrade. Will Global Banks (and VCs) Finally Hit ‘Resume’?](https://launchbaseafrica.com/2025/10/24/africas-two-tech-hubs-get-fatf-regulatory-upgrade-will-global-banks-and-vcs-finally-hit-resume/) - After a two-year stint in regulatory purgatory, Africa's two largest tech hubs are off the 'grey list'. VCs and payment startups can breathe… a little. - [Battered by Rivals, Fintech Unicorn Wave Bets $35M on a Banking Licence](https://launchbaseafrica.com/2025/10/24/fintech-unicorn-wave-investing-35m-to-become-a-bank-amid-growing-competition/) - The move isn’t a surprise. - [‘Complex Legal Structures Can Cost You’: Inseco Founder’s Hard Lessons from $5.3M Failure](https://launchbaseafrica.com/2025/10/24/complex-legal-structures-can-cost-you-inseco-founders-hard-lessons-from-5-3m-failure/) - “If your startup needs outside capital, it’s best to raise it from people who understand early-stage investing.” - [Nigeria’s Lidya Joins Capiter in the Graveyard of African Founder-Investor Fallouts](https://launchbaseafrica.com/2025/10/24/nigerias-lidya-joins-capiter-in-the-graveyard-of-african-founder-investor-fallouts/) - The company’s collapse brings a dramatic end to a venture launched in 2016 by Jumia alumni Tunde Kehinde and Ercin Eksin. - [Morocco’s Startup Cap Tables Get a Deepening Pan-African Makeover](https://launchbaseafrica.com/2025/10/24/moroccos-startup-cap-tables-get-a-deepening-pan-african-makeover/) - Historically, Africa’s VC scene has been split. - [Estonia’s Yaga Finds Rare Profitability in Africa’s Mass-Market Fashion Scene](https://launchbaseafrica.com/2025/10/24/estonias-yaga-finds-rare-profitability-in-africas-mass-market-fashion-scene/) - The secondhand marketplace has raised €4M to expand into MENA, a region littered with high-profile failed fashion-tech ventures. - [Nvidia Joins Google in Backing Cassava’s African Supercomputing Play](https://launchbaseafrica.com/2025/10/23/nvidia-joins-google-in-backing-cassavas-african-supercomputing-play/) - NVIDIA’s investment backs a company that has spent years assembling the necessary, vertically integrated components to execute this vision. - [South Africa’s Solar Startups Win Major Concession on $1,700 Solar Registration Fee](https://launchbaseafrica.com/2025/10/23/south-africas-solar-startups-win-major-concession-on-1700-solar-registration-fee/) - Solar startups reported that customers were delaying or cancelling installations due to the high costs and complexity of the registration process. - [Ghost in the Payroll: How to Uncover Payroll Fraud](https://launchbaseafrica.com/2025/10/22/ghost-in-the-payroll-how-to-uncover-payroll-fraud/) - Many organisations don't realise they are victims of payroll fraud; How do they find out? - [Ivory Coast’s Anka Acquired for Undisclosed Sum Following French Parent’s Swift Liquidation](https://launchbaseafrica.com/2025/10/22/ivory-coasts-anka-acquired-for-undisclosed-sum-following-french-parents-swift-liquidation/) - The platform facilitated more than $60 million in transactions across 47 African countries, reaching customers in over 170 markets. - [Egypt’s Regulators Double Down on Fintech, Blocking ‘Traditional’ Lenders for Another Year](https://launchbaseafrica.com/2025/10/22/egypts-regulators-double-down-on-fintech-blocking-traditional-lenders-for-another-year/) - The timing of the announcement is telling. It comes just as the champions of this new, tech-first model are demonstrating their formidable financial power. - [‘I Collapsed and Cried for Hours’: How Hypeo AI’s Founder Turned Her Worst Day Into a Venture-Backed Startup](https://launchbaseafrica.com/2025/09/01/i-collapsed-and-cried-for-hours-how-hypeo-ais-founder-turned-her-worst-day-into-a-venture-backed-startup/) - This proved that I could bounce back. - [“We Carry the Weight for Others”: Inside the $2M Raise for Tanzania’s Hybrid AgriTech Pioneer MazaoHub](https://launchbaseafrica.com/2025/09/29/we-carry-the-weight-for-others-inside-the-2m-raise-for-tanzanias-hybrid-agritech-pioneer-mazaohub/) - I learned that business is not a selfish journey. It’s about being the reason for others to succeed. - [GENIUS Act: “America is catching up to Africa on stablecoins” — Yellow Card’s Gillian Darko on Regulation, B2B Pivot ](https://launchbaseafrica.com/2025/07/25/genius-act-america-is-catching-up-to-africa-on-stablecoins-yellow-cards-gillian-darko-on-regulation-b2b-pivot/) - We started with a consumer product and have now transitioned to B2B, which has generated a lot of traction. - [Why $3-a-Day Savings Convinced Afreximbank to Back Spiro’s $100M Bet on E-Bikes](https://launchbaseafrica.com/2025/10/21/why-3-a-day-savings-convinced-afreximbank-to-back-spiros-100m-bet-on-e-bikes/) - This is Africa’s largest-ever electric vehicle mobility investment so far. - [HyperionDev’s $31M War Chest and the Curious Case of the ‘Pro Bono’ Co-Founder](https://launchbaseafrica.com/2025/10/21/hyperiondevs-31m-war-chest-and-the-curious-case-of-the-pro-bono-co-founder/) - The South African edtech startup recently won a restraint of trade case against a senior exec who claimed his new 'Co-Founder' title at a competitor was just an 'honorarium'. - [Meet the Fund Manager Deploying a $1bn Zafiri War Chest for Africa’s Off-Grid Energy Startups](https://launchbaseafrica.com/2025/10/21/meet-the-fund-manager-deploying-a-1bn-zafiri-war-chest-for-africas-off-grid-energy-startups/) - The Cape Town-based firm will manage Zafiri, a new blended finance vehicle from the IFC and AfDB aiming to plug the 'missing middle' equity gap for decentralised energy companies. - [How Money Fellows Hit Profitability by Digitising Egypt’s Informal ‘Gam’eya’ — and Processing $1.5B](https://launchbaseafrica.com/2025/10/21/how-money-fellows-hit-profitability-by-digitising-egypts-informal-gameya-and-processing-1-5b/) - Money Fellows has established presence in Morocco following a partnership with Attijariwafa Bank. - [Moniepoint Closes $200M Round to Push Merchant Banking Beyond Nigeria](https://launchbaseafrica.com/2025/10/21/moniepoint-closes-200m-round-to-push-merchant-banking-beyond-nigeria/) - The raise, which includes Visa and Google, defies a broader African tech funding downturn and will fuel the $1bn-plus-valued company’s continental expansion. - [South Africa's $1.5B Digital Bank TymeBank Rebrands Ahead of Dual NYSE-JSE Listing](https://launchbaseafrica.com/2025/10/20/south-africas-1-5b-digital-bank-tymebank-rebrands-ahead-of-dual-nyse-jse-listing/) - The digital bank has outlined plans for a dual public listing, with a primary listing on the New York Stock Exchange (NYSE). - [Bitcoin, Nvidia and Staking: What Luno’s 6.3m South African Users Are Actually Buying](https://launchbaseafrica.com/2025/10/20/bitcoin-nvidia-and-staking-what-lunos-6-3m-south-african-users-are-actually-buying/) - The age distribution skews toward working-age professionals. The 25–34 cohort represents 37% of users, followed by 35–44 year-olds at 26%. - [The Secret to Central Africa's Fintech Boom? A 450,000-Strong Army of Agents](https://launchbaseafrica.com/2025/10/20/the-secret-to-central-africas-fintech-boom-a-450000-strong-army-of-agents/) - While other regional African fintechs struggle with profitability, Central Africa's mobile money ecosystem processed 3.5 billion transactions in 2023. The backbone? Nearly half a million street-level agents converting cash into digital currency. - [$1B Processed by Gimacpay: Central Africa’s Public Payment Platforms Gain Ground on Private Fintechs](https://launchbaseafrica.com/2025/10/20/1b-processed-by-gimacpay-central-africas-public-payment-platforms-gain-ground-on-private-fintechs/) - Gimacpay’s success is part of an accelerating trend across Africa: the rise of public, interoperable payment rails. - [CDC-CI Capital Doubles Down on Ivorian Tech with $1.4M Investment in Julaya](https://launchbaseafrica.com/2025/10/20/cdc-ci-capital-doubles-down-on-ivorian-tech-with-1-4m-investment-in-julaya/) - This investment is the latest in a series of operations carried out by the public fund, which is actively deploying capital to support Ivorian tech companies. - [Nigerian VC Ingressive Capital Leads $1.1M Seed Round for Egypt’s SehaTech](https://launchbaseafrica.com/2025/10/20/nigerian-vc-ingressive-capital-leads-1-1m-seed-round-for-egypts-sehatech/) - The investment will be used to expand SehaTech’s team, enhance its AI-powered platform, and scale its operations in Egypt and the wider region. - [The British Remittance Fintech Powering Central Africa’s $1B Mobile Money Boom](https://launchbaseafrica.com/2025/10/17/the-british-remittance-fintech-powering-central-africas-1b-mobile-money-boom/) - The rise of mobile money remittances is having a profound impact on the CEMAC region. - [South African Insect Protein Startup Inseco Shuts Down After Raising $5.3M — ‘We Made Some Bad Hires’](https://launchbaseafrica.com/2025/10/17/south-african-insect-protein-startup-inseco-shuts-down-after-raising-5-3m-we-made-some-bad-hires/) - "The most important lesson I've learned is that success isn't just about technology. It's about timing, resilience and a healthy dose of luck." - [Africa’s Tech Leaders Shift Focus From Hype to the ‘Mechanics of Scale’](https://launchbaseafrica.com/2025/10/16/africas-tech-leaders-shift-focus-from-hype-to-the-mechanics-of-scale/) - At a major tech summit in Lagos, the conversation has moved on from fundraising announcements... - [‘No Legal Basis’: Morocco Blocks Ride-Hailing, Handing Victory to Taxi Unions](https://launchbaseafrica.com/2025/10/16/no-legal-basis-morocco-blocks-ride-hailing-handing-victory-to-taxi-unions/) - The country is expected to receive millions of visitors later this year for the 35th edition of the TotalEnergies CAF Africa Cup of Nations. - [Moroccan Proptech Yakeey Gets $7M Backing from IFC to Fix ‘Opaque’ Real Estate Market](https://launchbaseafrica.com/2025/10/16/moroccan-proptech-yakeey-in-line-for-7m-ifc-backing-to-overhaul-real-estate-market/) - Launched in 2023 by Karim Beqqali, a veteran of the real estate sector and founder of Yamed Group... - [Ivory Coast’s State-Backed Fund Writes a Rare Cheque for Doctor-Led Healthtech Ades](https://launchbaseafrica.com/2025/10/16/ivory-coasts-state-backed-fund-writes-a-rare-cheque-for-doctor-led-healthtech-ades/) - The platform was founded by a group of young doctors. - [Sixty60: The $1.7M Seed Investment That Built a $1B Delivery Empire for Shoprite](https://launchbaseafrica.com/2025/10/16/sixty60-the-1-7m-seed-investment-that-built-a-1b-delivery-empire-for-shoprite/) - This milestone is not just a story of a legacy retailer adapting to the digital age; it’s a case study in strategic partnership. - [With Grocery Dominance Secured, Egypt's Breadfast Pushes for Unicorn Status In Latest Fintech Expansion](https://launchbaseafrica.com/2025/10/15/with-grocery-dominance-secured-egypts-breadfast-pushes-for-unicorn-status-via-new-fintech-expansion/) - The online grocer recently secured $10m from the European Bank for Reconstruction and Development to fuel its expansion into financial services and new cities. - [South Africa’s Scrapped VC Tax Break: A $150k Fraud Case Reveals the Ugly Truth](https://launchbaseafrica.com/2025/10/15/south-africas-scrapped-vc-tax-break-a-150k-fraud-case-reveals-the-ugly-truth/) - For a while, Section 12J of the Income Tax Act was the talk of the town. - [Nedbank’s Fintech Shopping Spree Continues with $7.5M Bet on Tanzania’s Kuunda](https://launchbaseafrica.com/2025/10/15/nedbanks-fintech-shopping-spree-continues-with-7-5m-bet-on-tanzanias-kuunda/) - The investment comes as Nedbank pursues a more aggressive fintech strategy. - [YC Alum Chari Raises $12M to Launch a Banking-as-a-Service Platform in Morocco](https://launchbaseafrica.com/2025/10/15/moroccos-chari-raises-12m-to-build-a-super-app-for-local-retailers-and-launch-a-banking-platform/) - The YC-backed startup is pursuing a dual strategy: embedding financial services for mom-and-pop shops while also offering its fintech infrastructure to other businesses. - [Meet 30 Leading Africa-focused VC Firms Led by Female Managers](https://launchbaseafrica.com/2025/10/15/meet-30-leading-africa-focused-vc-firms-led-by-female-managers/) - While many are emerging managers raising their first or second funds, they collectively represent a powerful shift in the ecosystem. - [Saviu Ventures Continues Exit Spree with Kamtar Sale](https://launchbaseafrica.com/2025/10/14/saviu-ventures-continues-exit-spree-with-kamtar-sale/) - The Francophone Africa-focused VC has sold its majority stake in the Ivorian logistics startup to Logidoo, marking another major exit of 2025. - [From Gro Intelligence to 54gene: The Winners and Losers in Africa’s Tech IP Asset Grab](https://launchbaseafrica.com/2025/10/14/from-gro-intelligence-to-54gene-the-winners-and-losers-in-africas-tech-ip-asset-grab/) - Not all IP sales, however, result in a revival. - [Tanzania’s Funguo Deepens Investment to $2.65M to Back Local Startups](https://launchbaseafrica.com/2025/10/13/tanzanias-funguo-deepens-investment-to-2-65m-to-back-local-startups/) - For founders like Geophrey Tenganamba, co-founder and CEO of agritech startup MazaoHub, this type of support is crucial for survival. - [The Three Trends Defining Fintech Investment in Francophone Africa This Year](https://launchbaseafrica.com/2025/10/13/the-three-trends-defining-fintech-investment-in-francophone-africa-this-year/) - The era of funding simple consumer solutions appears to be making way for a far more rigorous investment thesis. - [How a Paper Fortune of $2.68m Vanished for a South African VC-Backed Fintech Founder](https://launchbaseafrica.com/2025/10/10/the-2-68m-term-sheet-trap-the-south-african-fintech-case-every-founder-should-read/) - Last year, TLcom Capital, together with Flourish Ventures, backed South African fintech LittleFish. However, that investment ended up in court, with one of LittleFish's founders fighting for his 'life' in the company post-deal. - [Pezesha Founder Joins Africa’s New Wave of Founder-Investors](https://launchbaseafrica.com/2025/10/10/pezesha-founder-joins-africas-new-wave-of-founder-investors/) - The dual role reflects an emerging pattern in African venture capital, where founders leverage operational expertise whilst pursuing investment opportunities. - [Africa’s Payment Maze: Are New State-Backed Rails a Map or a Trap for Fintechs?](https://launchbaseafrica.com/2025/10/10/africas-payment-maze-are-new-state-backed-rails-a-map-or-a-trap-for-fintechs/) - In the last month alone, major economic blocs in East, Southern, and West Africa have launched ambitious interoperable platforms. - [A 230-Angel Network, Beyond the 'Big Four': Inside Renew Capital’s Quiet Conquest of African VC](https://launchbaseafrica.com/2025/10/10/a-230-angel-network-a-focus-on-overlooked-hubs-inside-renew-capitals-quiet-conquest-of-african-vc/) - While Nigeria saw the second-highest number of applicants to its Renew Venture Lab (350), it has no portfolio company there yet. - [DigsConnect Founder Alexandria Procter Launches $1.4M Vehicle to Back African Startups](https://launchbaseafrica.com/2025/10/10/digsconnect-founder-alexandria-procter-launches-1-4m-vehicle-to-back-african-startups/) - Procter founded DigsConnect four years ago while she was an undergraduate student at the University of Cape Town.. - [Logidoo Acquires Ivorian Logistics Rival Kamtar in West African Consolidation Play](https://launchbaseafrica.com/2025/10/09/logidoo-acquires-ivorian-logistics-rival-kamtar-in-west-african-consolidation-play/) - The Logidoo-Kamtar deal is the latest example of a broader trend shaping Africa’s tech ecosystem in 2025. - [What New Delaware Investor Information Rules Mean for African Startups](https://launchbaseafrica.com/2025/10/08/what-new-delaware-investor-information-rules-mean-for-african-startups/) - Ultimately, Delaware’s new rules raise the stakes for transparency and communication. - [Catalyst Fund Secures IFC Backing for $40M Early-Stage Africa Climate Tech Fund](https://launchbaseafrica.com/2025/10/08/catalyst-fund-secures-ifc-backing-for-40m-early-stage-africa-climate-tech-fund/) - The new fund will target startups in three core areas. - [Egypt’s Exclusive Digital Banking Club Opens Doors to Middle East and Africa’s Largest Bank](https://launchbaseafrica.com/2025/10/08/egypts-exclusive-digital-banking-club-opens-doors-to-middle-east-and-africas-largest-bank/) - Aspiring digital banks are required to have a minimum issued and paid-up capital of EGP 2 billion ($41 million). - [AI Fintech Optasia Eyes JSE For South Africa’s Largest Tech IPO of the Year](https://launchbaseafrica.com/2025/10/08/ai-fintech-optasia-eyes-jse-for-south-africas-largest-tech-ipo-of-the-year/) - The listing could raise over R6bn ($350 million) and provide a critical test for Johannesburg's ailing public tech market. - [The Q4 Hunt: Where African Startups Can Still Find VC Cash Before Year-End](https://launchbaseafrica.com/2025/10/08/the-q4-hunt-where-african-startups-can-still-find-vc-cash-before-year-end/) - The first rule of fundraising is knowing where the money is. Here's a comprehensive guide on who to pitch, where to find them, and how to approach them. In 2025, the majority of VC fundraising activity in African startups has come from these sources. - [The ₦1.2M Problem: Why a Single New Rule Could Cripple Nigeria’s Fintech Agents](https://launchbaseafrica.com/2025/10/07/the-₦1-2m-problem-why-a-single-new-rule-could-cripple-nigerias-fintech-agents/) - Now these same companies face rules that could fundamentally break their model. - [Egyptian Unicorn MNT-Halan Fuels Its ‘Lending Machine’ with New $71M Debt Deal](https://launchbaseafrica.com/2025/10/07/egyptian-unicorn-mnt-halan-fuels-its-lending-machine-with-new-71m-debt-deal/) - MNT-Halan is not the only Egyptian fintech to master this strategy. - [Moniepoint Faces Heavy Losses After Acquiring Bancom Europe to Secure UK Licence](https://launchbaseafrica.com/2025/10/07/moniepoint-faces-heavy-losses-after-acquiring-bancom-europe-to-secure-uk-licence/) - Filings from the Nigerian fintech unicorn disclose heavy spending on salaries and fees to pave the way for its acquisition of a regulated British payments firm. - [The $100k Oversight: How Bad Offboarding Is Costing Startups a Fortune](https://launchbaseafrica.com/2025/10/06/shadow-employee/) - When an employee leaves an organisation, most leaders focus on succession, handovers, and HR paperwork. But behind the scenes, many holes may have been created. - [Ghana’s HuruPay Moves Beyond Payments with Crypto-Powered US Stock Trading for Africa](https://launchbaseafrica.com/2025/10/02/ghanas-hurupay-moves-beyond-payments-with-crypto-powered-us-stock-trading-for-africa/) - The move into wealth-building services is rooted in the personal experience of co-founder and CEO, Philip Mburu. - [With Gov’t Backing, Japan’s Musashi Charges East Africa’s E-Moto Boom](https://launchbaseafrica.com/2025/10/06/with-govt-backing-japans-musashi-charges-east-africas-e-moto-boom/) - Musashi, a global manufacturer with 36 sites worldwide, is known for differential assemblies and transmission gears for traditional and electric vehicles. - [A State-Backed Telco Wants to Dethrone MTN and Orange Cameroon in Mobile Money Showdown](https://launchbaseafrica.com/2025/10/06/a-state-backed-telco-wants-to-dethrone-mtn-and-orange-cameroon-in-mobile-money-showdown/) - Just as fintech unicorn Wave squares up against incumbents MTN and Orange, Cameroon's state-owned telco has decided to crash the mobile money party with its own long-promised service. - [Egypt’s Tagaddod Raises $26.3M to Solve Biofuels’ Biggest Bottleneck](https://launchbaseafrica.com/2025/10/06/egypts-tagaddod-raises-26-3m-to-solve-biofuels-biggest-bottleneck/) - Tagaddod has built a tech platform to manage the collection, aggregation, and tracing of waste-based feedstocks. - [Seed Funding for Gabon’s Pozi Marks a Milestone for a Forgotten Tech Region](https://launchbaseafrica.com/2025/10/06/seed-funding-for-gabons-pozi-marks-a-milestone-for-a-forgotten-tech-region/) - Central Africa was the most underserved tech region in Africa, raising just $5m in 2024. - [Inside the $2.75M Experiment That’s Rewriting Africa’s Climate Tech Rules](https://launchbaseafrica.com/2025/10/06/inside-the-2-75m-experiment-thats-rewriting-africas-climate-tech-rules/) - A new fund is offering a new playbook for climate VCs in Africa. The core lesson? Ditch the traditional model and embrace the complexity. - [The Series B Cliff: Nigerian Startups Face a Late-Stage Funding Crisis in 2025](https://launchbaseafrica.com/2025/10/03/the-series-b-cliff-nigerian-startups-face-a-late-stage-funding-gap-in-2025/) - In the absence of traditional venture equity, Nigerian scale-ups are increasingly turning to alternative financing. - [Shell-Backed Fund, UK’s BII Top Nigerian Tech Funding List in 2025 as VCs Retreat](https://launchbaseafrica.com/2025/10/03/shell-backed-fund-uks-bii-lead-nigerian-tech-funding-in-2025-as-vcs-retreat/) - The most active players are not the traditional, global venture capital giants but a mix of impact investors and DFIs. - [Lisk Launches $15M Web3 Fund Targeting Africa and LATAM, Inks First Deals in South Africa, Rwanda](https://launchbaseafrica.com/2025/10/02/lisk-launches-15m-web3-fund-targeting-africa-and-latam-inks-first-deal-in-south-africa-rwanda/) - Lisk argues that founders in these regions, often forced to bootstrap their way to significant traction, are more resilient. - [Updated: Heike Harmgart Is Building the EBRD’s West Africa Team. Here’s Who’s on It So Far](https://launchbaseafrica.com/2025/09/17/heike-harmgart-is-building-the-ebrds-west-africa-team-heres-whos-on-it-so-far/) - The EBRD’s push into Sub-Saharan Africa is being orchestrated by a team of seasoned insiders. - [SA’s NjiaPay Poaches Stitch’s $55M Deal Lawyer as It Bids to Tame Africa’s Chaotic Payments Scene](https://launchbaseafrica.com/2025/10/02/sas-njiapay-poaches-key-architect-behind-stitchs-55m-deal-as-it-bids-to-tame-africas-chaotic-payments-scene/) - Mike McLaren joins the payments orchestration startup as COO, as it targets mid-market businesses struggling with the continent's fragmented landscape. - [Egypt’s Venture Capital Scene Is No Longer a Closed Club. The Public Is Now Invited](https://launchbaseafrica.com/2025/10/02/egypts-venture-capital-scene-is-no-longer-a-closed-club-the-public-is-now-invited/) - The new rules define a “digital platform” as a tech-based model for subscribing to, and eventually redeeming, shares in private equity and VC funds. - [Bank of Ghana Revives Its List of Unapproved Fintechs](https://launchbaseafrica.com/2025/06/27/bank-of-ghana-revives-its-list-of-unapproved-fintechs-eversend-hurupay-in-the-crosshairs/) - Just weeks after calling out Yellow Card over its alleged involvement with a dubious stablecoin scheme, the central bank has returned with another blacklist . - [Nigeria’s Taxman is Coming for Tech. Should Founders and Workers Be Worried?](https://launchbaseafrica.com/2025/10/01/nigerias-taxman-is-coming-for-tech-should-founders-and-workers-be-worried/) - Nigerian tech workers risk double taxation under a system that relies on speculative guesses about their bank activity rather than verified financial data. - [Mawingu Raises $20M to Expand Affordable Internet Across Rural Kenya](https://launchbaseafrica.com/2025/10/01/mawingu-raises-20m-to-expand-affordable-internet-across-rural-kenya/) - “Raising capital in today’s environment is no small feat. It demands execution, resilience, and extraordinary people.” - [European VCs and DFIs Lead Charge as African Tech Funding Surpasses 2024 Total in September](https://launchbaseafrica.com/2025/10/01/european-vcs-and-dfis-lead-charge-as-african-tech-funding-surpasses-2024-total-in-september/) - Whether this momentum continues through the year’s final quarter will determine if 2025 marks a genuine recovery in African tech funding or simply matches the previous year’s performance. - [After MarketForce Collapse and Chpter Exit, Kenyan Founders Pivot to Fintech](https://launchbaseafrica.com/2025/10/01/after-marketforce-collapse-and-chpter-exit-kenyan-founders-pivot-to-fintech/) - Mbaabu and Sibuti’s journey has been a case study in the highs and lows of building a venture-backed startup in Africa. - [With Guards Outnumbering Police 15-to-1, Nextorch Bets Millions on South Africa's Security Boom](https://launchbaseafrica.com/2025/10/01/with-guards-outnumbering-police-15-to-1-flashlight-giant-nextorch-bets-millions-on-south-africas-security-boom/) - South Africa has the largest private security industry in the world. - [West Africa’s New Payment ‘Superhighway’ Opens — but a Fintech Unicorn Is Building Its Own Road](https://launchbaseafrica.com/2025/09/30/west-africas-new-payment-superhighway-opens-but-a-fintech-unicorn-is-building-its-own-road/) - The BCEAO's ambitious interoperability platform goes live, but the absence of market leader Wave raises questions about who really controls the region's digital money flows. - [AfricInvest Europe Secures $58.5M to Bridge French Startups and African Markets](https://launchbaseafrica.com/2025/09/30/africinvest-europe-secures58-5m-to-bridge-french-startups-and-african-markets/) - AfricInvest Europe, the Paris-based arm of the pan-African private equity firm AfricInvest Group, has reached a first close of €50m ($58.5 million) for its third fund dedicated to connecting French businesses with African markets. The vehicle, known as the French-African Fund (FFA 3), will continue the firm’s established strategy of taking minority equity stakes in - [Moroccan University Spinout Secures Over $110M to Turn Phosphate Waste into EV and Chip Materials](https://launchbaseafrica.com/2025/09/29/moroccan-university-spinout-secures-over-110m-to-turn-phosphate-waste-into-ev-and-chip-materials/) - The deal is a significant move in Morocco’s push to climb the value chain from a raw material exporter to a producer of high-value components for global tech supply chains. - [Wave and MTN Locked Out of BCEAO’s New Payment Network](https://launchbaseafrica.com/2025/09/29/wave-and-mtn-locked-out-of-bceaos-new-payment-network/) - The Central Bank of West African States (BCEAO) is set to flick the switch on its long-awaited regional instant payment system tomorrow, September 30. - [The Gaming App at the Center of Morocco’s GenZ212 Protests](https://launchbaseafrica.com/2025/09/29/the-gaming-app-at-the-center-of-moroccos-genz212-protests/) - Over the weekend, major cities including Rabat, Casablanca, and Agadir saw coordinated protests organized by GenZ212. - [Uber Exits Côte d’Ivoire as Rival Yango Doubles Down with Car Dealership](https://launchbaseafrica.com/2025/09/29/uber-exits-cote-divoire-as-rival-yango-doubles-down-with-car-dealership/) - For years, the Ivorian ride-hailing sector has been a tense battleground, pitting digital platforms against traditional taxi operators who criticise a lack of regulation. - [South African Banking Giant Nedbank Backs Cleantech Fund with $28M](https://launchbaseafrica.com/2025/09/26/south-african-banking-giant-nedbank-backs-cleantech-fund-with-28m/) - The investment boosts the fund’s total capital to R2.8bn ($161m). - [Canal+ Names the Execs Tasked with Fending Off Streamers](https://launchbaseafrica.com/2025/09/26/canal-reveals-the-leadership-stack-for-its-multichoice-acquisition/) - The French media giant has appointed a 50/50 split of executives from Canal+ and MultiChoice. - [The Super-Niche Shift: A Taxonomy of 2025’s Venture-Backed B2B Startups in Africa](https://launchbaseafrica.com/2025/09/26/the-super-niche-shift-a-taxonomy-of-2025s-venture-backed-b2b-startups-in-africa/) - Based on an analysis of 2025 funding data, here is a taxonomy of the most active B2B categories defining the current investment cycle. - [SunCulture Taps Bridgin for $15M to Scale Solar Irrigation in Kenya](https://launchbaseafrica.com/2025/09/26/sunculture-taps-bridgin-for-15m-to-scale-solar-irrigation-in-kenya/) - The solar irrigation company is partnering with fintech Bridgin to launch a receivables financing facility aimed at unlocking local currency debt for smallholder farmers. - [Mastercard Backs Smile ID in Exclusive African Identity Verification Deal](https://launchbaseafrica.com/2025/09/26/mastercard-backs-smile-id-in-exclusive-african-identity-verification-deal/) - Mastercard has entered into a strategic partnership with Smile ID, making the identity verification provider its exclusive partner in Africa. The deal, which includes a minority investment from the payments giant, aims to bolster secure digital identity solutions across the continent, tackling fraud and expanding financial inclusion. The partnership will see Smile ID’s technology integrated - [Algebra Ventures Brings on New Investor in Rare Egyptian LP Secondary Deal](https://launchbaseafrica.com/2025/09/25/algebra-ventures-brings-on-new-investor-in-rare-egyptian-lp-secondary-deal/) - Algebra Ventures has backed some of Egypt’s most well-known startups and invests from seed to Series B stages. - [Ghana’s Digital Lenders Face a Costly Upgrade: $162K License Fees and No More Public Shaming](https://launchbaseafrica.com/2025/09/25/ghanas-digital-lenders-face-a-costly-upgrade-162k-license-fees-and-no-more-public-shaming/) - Lenders are explicitly forbidden from compounding interest on short-term loans. - [Payaza vs FairMoney: A New King Is Crowned in Nigeria’s Fintech Debt Market](https://launchbaseafrica.com/2025/09/24/payaza-vs-fairmoney-a-new-king-is-crowned-in-nigerias-fintech-debt-market/) - The new SEC framework, effective April 24, 2025, ended the era of easy liquidity with several key mandates. - [Months After Raising $4.2M, Kenyan Healthtech Ilara Health Announces Major Cuts](https://launchbaseafrica.com/2025/09/25/months-after-raising-4-2m-kenyan-healthtech-ilara-health-announces-major-cuts/) - “This is a difficult moment for our team, especially in light of recent strides we have made in the business." - [Orange Corners Deepens North African Push with New Startup Fund in Tunisia](https://launchbaseafrica.com/2025/09/25/orange-corners-deepens-north-african-push-with-new-startup-fund-in-tunisia/) - The fund operates a two-track model, offering everything from prototype vouchers and monthly allowances for idea-stage founders to more substantial seed funding. - [TLcom’s Partner Ido Sum Is Out After Closing $150M Africa Fund](https://launchbaseafrica.com/2025/09/24/tlcoms-chief-fundraiser-ido-sum-is-out-after-closing-150m-africa-fund/) - Ido Sum’s departure comes after he played a crucial role in raising the firm’s $150m TIDE Africa Fund II, one of the largest early-stage funds for the continent. - [PayPal Launches $100M Hunt for Acquisitions and Minority Stakes in African Fintech](https://launchbaseafrica.com/2025/09/24/paypal-launches-100m-hunt-for-acquisitions-and-minority-stakes-in-african-fintech/) - The move signals a deeper strategic push into the region for PayPal, building on its existing portfolio. - [Who Replaces a Founder-CEO? Africa’s Top Startups’ Succession Playbooks Are Taking Shape](https://launchbaseafrica.com/2025/09/24/who-replaces-a-founder-ceo-africas-top-startups-succession-playbooks-are-taking-shape/) - After a decade of hustle, a wave of founder-CEOs are handing over the keys. But who will succeed them? We dig deeper. - [Fintech Unicorn Wave’s African Playbook Has Been Copied. What’s Its Next Move?](https://launchbaseafrica.com/2025/09/24/waves-african-playbook-has-been-copied-whats-its-next-move/) - This week, Orange Cameroon, a subsidiary of the French telecoms giant, announced it was slashing all peer-to-peer transfer fees to zero. - [The ‘Fund Manager Factory’: Inside the High-Touch Model De-Risking Africa’s ‘Missing Middle’](https://launchbaseafrica.com/2025/09/24/the-fund-manager-factory-inside-the-high-touch-model-de-risking-africas-missing-middle/) - This model is the antithesis of lean, remote investing. - [Acumen’s $246M ‘De-Risking’ Fund Targets Africa’s Energy Frontier](https://launchbaseafrica.com/2025/09/23/acumens-246m-de-risking-fund-targets-africas-energy-frontier/) - The Hardest-to-Reach (H2R) Initiative, launched at COP28, is now backed by a powerful coalition. - [Silverbacks Backs Export-Focused African Fashion Startups in Creative Economy Push](https://launchbaseafrica.com/2025/09/23/silverbacks-backs-export-focused-african-fashion-startups-in-creative-economy-push/) - The investment brings together a return-focused firm and an impact-driven non-profit. - [Mirova’s $282M Fund Backs Kenya’s Arc Ride in First African EV Deal](https://launchbaseafrica.com/2025/09/22/mirovas-282m-fund-backs-kenyas-arc-ride-in-first-african-ev-deal/) - The €33bn asset manager's Gigaton Fund has committed up to $10m in debt to the Kenyan e-mobility startup to scale its battery-swapping network. - [Five Lessons from Goodwell’s Decade-Long Bet on African Fintech](https://launchbaseafrica.com/2025/09/22/five-lessons-from-goodwells-decade-long-bet-on-african-fintech/) - Instead of pure expansion, companies are focusing on making existing networks more productive and resilient. - [The Flywheel Effect: How M-KOPA’s 35,000 Agents Are Powering Its Push to 10M Users](https://launchbaseafrica.com/2025/09/22/the-flywheel-effect-how-m-kopas-35000-agents-are-powering-its-push-to-3m-users/) - According to its newly released 2025 Impact Report, M-KOPA is on track to reach 10 million customers. - [Yango Ventures’ New $20M Fund Makes Second African Tech Investment](https://launchbaseafrica.com/2025/09/22/yango-ventures-new-20m-fund-makes-second-african-tech-investment/) - The deal marks the fund’s second major African tech investment this year. - [Wave Throws $50M into Senegal’s Tax Fire — Can It Quench the Blaze?](https://launchbaseafrica.com/2025/09/22/wave-throws-50m-into-senegals-tax-fire-can-it-quench-the-blaze/) - Senegal's fintech industry is presenting what it calls a “winning alternative.” - [Mukuru’s MoneyGram Deal Proves Cash Is Still King for Last-Mile Fintech in Africa](https://launchbaseafrica.com/2025/09/19/mukurus-moneygram-deal-proves-cash-is-still-king-for-last-mile-fintech-in-africa/) - The latest deal gives the US payments giant deep last-mile access to cash payout points. - [Is This the End of Big Tech’s ‘Copy-Paste’ Legal Strategy in Africa?](https://launchbaseafrica.com/2025/09/19/is-this-the-end-of-big-techs-copy-paste-legal-strategy-in-africa/) - This outcome is being seen as a watershed moment. - [Kenyan Agritech ‘Startup Factory’ Pyramidia Ventures Raises $1.5M](https://launchbaseafrica.com/2025/09/19/kenyan-agritech-startup-factory-pyramidia-ventures-raises-1-5m/) - Instead of investing in existing startups, the studio ideates, develops, and pilots its own business concepts in-house. - [South Africa Is Turning Its Crypto Exchanges into Tax Deputies](https://launchbaseafrica.com/2025/09/19/south-africa-is-turning-its-crypto-exchanges-into-tax-deputies/) - For the individual crypto enthusiast, the message is even simpler: the taxman knows. - [South Africa’s Contactable Raises $13.5M to Tackle the Continent’s KYC Maze](https://launchbaseafrica.com/2025/09/19/south-africas-contactable-raises-13-5m-to-tackle-the-continents-kyc-maze/) - The investment, led by Venture Capitalworks, will fund the company's expansion as it builds the digital plumbing for banks, telcos, and insurers across the continent. - [African Startup Deal Tracker — Newest Deals](https://launchbaseafrica.com/2025/09/19/african-startup-deal-tracker-newest-deals-14/) - Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month. - [4DX Ventures Tops Up Africa Fund as It Continues Dealmaking Spree](https://launchbaseafrica.com/2025/09/19/4dx-ventures-tops-up-africa-fund-as-it-continues-dealmaking-spree/) - The fundraising comes amid a prolific year of investment for the firm. - [Tanzania’s MazaoHub Bags $2M to Scale Its AI-Powered ‘Agricultural Clinics’](https://launchbaseafrica.com/2025/09/19/tanzanias-mazaohub-bags-2m-to-scale-its-ai-powered-agricultural-clinics/) - The Dar es Salaam-based startup is blending AI, soil sensors and on-the-ground agronomists to boost climate resilience for smallholder farmers. - [Wasoko Founder Daniel Yu Is the Latest African Tech Founder to Step Down as CEO](https://launchbaseafrica.com/2025/09/18/wasoko-founder-daniel-yu-is-the-latest-african-tech-founder-to-step-down-as-ceo/) - The move comes as the newly merged MaxAB-Wasoko pivots aggressively towards fintech. - [Afdb’s New Chief Is Sticking With Tech Investment Playbook](https://launchbaseafrica.com/2025/09/18/afdbs-new-chief-is-sticking-with-tech-investment-playbook/) - Under Adesina, the AfDB increasingly acted as a limited partner, channeling capital into Africa-focused venture and private equity funds. - [Delivery Hero Moves to Finalise Glovo Takeover in Morocco, Months After Antitrust Probe](https://launchbaseafrica.com/2025/09/18/delivery-hero-moves-to-finalise-glovo-takeover-in-morocco-months-after-antitrust-probe/) - The Moroccan filing signals the final stage of integrating Glovo’s local operations under Delivery Hero’s direct and exclusive control. - [Exit Pressure: Why Africa’s Decade-Old Founder Class is Stepping Aside at Scaleups](https://launchbaseafrica.com/2025/09/17/exit-pressure-why-africas-decade-old-founder-class-is-stepping-aside-at-scaleups/) - Yoco's Katlego Maphai is the latest long-serving founder to hand over the reins, signaling a new phase of maturity for the continent's top tech companies. - [Ghana’s Central Bank Is on a Fintech Blacklist Spree. Here’s How to Stay Off It](https://launchbaseafrica.com/2025/09/17/ghanas-central-bank-is-on-a-fintech-blacklist-spree-heres-how-to-stay-off-it/) - For international fintechs and local payment providers in Ghana, the beginning of September brought a familiar chill. - [Programmable Naira: The Stablecoin Project Drawing Top Global Crypto Players to Nigeria](https://launchbaseafrica.com/2025/09/17/programmable-naira-the-stablecoin-project-drawing-top-global-crypto-players-to-nigeria/) - Nigeria is quickly becoming the epicenter of Africa's stablecoin revolution. - [Circle Backs $20m African Blockchain Fund as Stablecoin ‘Utility Wave’ Grows](https://launchbaseafrica.com/2025/09/16/circle-backs-20m-african-blockchain-fund-as-stablecoin-utility-wave-grows/) - Capital is flowing to African blockchain companies solving long-standing problems of currency volatility, cross-border payment friction, and financial exclusion. - [Cairo to Riyadh: The New Gold Rush for Egyptian Edtech](https://launchbaseafrica.com/2025/09/16/egyptian-edtech-startups/) - The attraction for these startups goes far beyond simple market size. - [Tunisian State Fund Invests $4M in Its Ex-Investment Officer's New VC](https://launchbaseafrica.com/2025/09/16/rasmal-innovation-fund/) - The fund is targeting a final close of $100m, having secured a first close of $30m from the QIA. - [Newly Licensed Ivorian Fintech CinetPay Embroiled in Money Laundering and Fraud Scandal](https://launchbaseafrica.com/2025/09/09/newly-licensed-ivorian-fintech-cinetpay-embroiled-in-money-laundering-and-fraud-scandal/) - For a company backed by industry giants like Flutterwave, the allegations represent a significant reputational crisis. - [The Year-End Funding Rush: Why African VCs are Racing to Deploy Capital Before 2026](https://launchbaseafrica.com/2025/09/15/the-year-end-funding-scramble-why-african-vcs-are-racing-to-deploy-capital-before-2026/) - Data from industry reports indicates a pattern of increased activity towards the latter half of the year. - [Uber and Bolt Are Now Public Transport in South Africa. Here’s What Changes](https://launchbaseafrica.com/2025/09/15/uber-and-bolt-are-now-public-transport-in-south-africa-heres-what-changes/) - Under the amended act, ride-hailing companies face strict new compliance measures. - [PayU Kenya Appoints Liquidator, 6 Years After Cellulant-Powered Expansion](https://launchbaseafrica.com/2025/09/15/payu-kenya-appoints-liquidator-6-years-after-cellulant-powered-expansion/) - The closure follows a period of significant operational and leadership challenges at Cellulant, PayU's key local partner. - [Africa’s Push for ‘AI Sovereignty’ Kicks Off with 40-City Model Context Protocol Hackathon](https://launchbaseafrica.com/2025/09/15/africas-push-for-ai-sovereignty-kicks-off-with-40-city-model-context-protocol-hackathon/) - The search is backed by Andile Ngcaba, the founder and Executive Chairman of Convergence Partners Investments, and a host of Africa's leading deeptech companies. - [mPharma Founder Gregory Rockson Steps Down as CEO After 11 Years](https://launchbaseafrica.com/2025/09/15/mpharma-founder-gregory-rockson-steps-down-as-ceo-after-11-years/) - The leadership shuffle marks a pivotal moment for one of Africa’s most prominent healthtech startups. - [AfricInvest Leads $22M Round for Kredete, a Fintech Tackling the Immigrant Credit Gap](https://launchbaseafrica.com/2025/09/15/africinvest-leads-22m-round-for-kredete-a-fintech-tackling-the-immigrant-credit-gap/) - Investors are flocking to Africa's stablecoin infrastructure, with Kredete's deal marking the latest in this wave. - [Senegal Scrambles to Finalize New Mobile Money Taxes as BCEAO’s Instant Payment System Nears](https://launchbaseafrica.com/2025/09/15/senegal-scrambles-to-finalize-new-mobile-money-taxes-as-bceaos-instant-payment-system-nears/) - On Monday, September 15, Senegal’s National Assembly will begin debating a bill to introduce a new tax on mobile money transactions. - [Mistral AI Joins Global Tech Giants Flocking to Morocco](https://launchbaseafrica.com/2025/09/12/mistral-ai-joins-global-tech-giants-flocking-to-morocco/) - For Mistral AI, a key European challenger to US giants like OpenAI and Google, the collaboration provides a significant foothold in a rapidly emerging market. - [Odyssey Secures $7.5M from BII to Scale Its Fintech Solution for Nigeria’s Off-Grid Energy Gap](https://launchbaseafrica.com/2025/09/12/odyssey-secures-7-5m-from-bii-to-scale-its-fintech-solution-for-nigerias-off-grid-energy-gap/) - Nigeria faces a significant energy access challenge. - [‘We See Multi-Million Dollar Transfers’: The Nigerian Savers Flocking to Blockchain ‘Banks’](https://launchbaseafrica.com/2025/09/12/we-see-multi-million-dollar-transfers-the-nigerian-savers-flocking-to-blockchain-banks/) - It seems that while traditional finance has struggled with financial inclusion, crypto has inadvertently found a product-market fit. - [Facing a Telco Onslaught, Djamo’s Answer Is Now a Banking License and a New Model](https://launchbaseafrica.com/2025/09/12/facing-a-telco-onslaught-djamos-answer-is-now-a-banking-license-and-a-new-model/) - This onslaught of well-capitalized competitors has forced Djamo to find new territory. - [Why Francophone Africa Is the New Frontier for VCs Hunting HR Tech Deals](https://launchbaseafrica.com/2025/09/12/why-francophone-africa-is-the-new-frontier-for-vcs-hunting-hr-tech-deals/) - These deals point to two parallels. - [The New Front in Africa’s Talent War: Why CHROs Are Now Targeting the Disability Community](https://launchbaseafrica.com/2025/09/11/the-new-front-in-africas-talent-war-why-chros-are-now-targeting-the-disability-community/) - After years of overlooking 80 million people, big business is gathering in Johannesburg for a rare meeting. - [Kenya’s SunCulture Lands $5M for its Solar-Powered Water Pumps](https://launchbaseafrica.com/2025/09/11/kenyas-sunculture-lands-5m-for-its-solar-powered-water-pumps/) - The agritech startup, which counts Netflix's Reed Hastings as a backer, has secured fresh capital from impact investor WaterEquity to expand across Africa. - [The Deal Maker: How Plug and Play Became North Africa’s Startup Kingmaker](https://launchbaseafrica.com/2025/09/11/the-deal-maker-how-plug-and-play-became-north-africas-startup-kingmaker/) - Who are North Africa's most influential startup dealmakers? Flat6Labs and the US's Plug & Play occupy front-row seats. A recent funding move has reinforced this assertion. - [Janngo Makes Another North Africa Play, Backing Moroccan AI Recruitment Platform Jobzyn](https://launchbaseafrica.com/2025/09/11/janngo-makes-another-north-africa-play-backing-moroccan-ai-recruitment-platform-jobzyn/) - The investment in Casablanca-based Jobzyn is consistent with Janngo’s well-defined strategy. - [Thunder Code’s Rebrand Reveals the Hidden Cost of Over-Technical Startup Names](https://launchbaseafrica.com/2025/09/11/post-funding-thunder-code-is-fixing-its-first-major-bug-a-name-thats-a-commercial-liability/) - The change comes just three months after the company announced a $9m seed round. - [Contrarian VCs Move In as Africa’s Seed Stage Funding Plummets 41% in 2025](https://launchbaseafrica.com/2025/09/10/contrarian-vcs-move-in-as-africas-seed-stage-funding-plummets-41-in-2025/) - For self-styled contrarian VCs like Egypt's P1 Ventures, this seed squeeze appears to be the opportunity they've been waiting for. - [South Africa’s Alignd Raises Fresh Capital to Take on the ‘Pay-Per-Procedure’ Healthcare Trap](https://launchbaseafrica.com/2025/09/10/south-africas-alignd-raises-fresh-capital-to-take-on-the-pay-per-procedure-healthcare-trap/) - E Squared Investments, a South African impact investor, has made a milestone investment in Alignd, a women-led healthtech aiming to overhaul the country’s notoriously inefficient private healthcare system. The undisclosed sum will fuel Alignd’s expansion from palliative care into the equally costly maternity and kidney disease sectors. Alignd is betting against the dominant “fee-for-service” model, - [The Tech At the Heart of Egypt’s Mining Sector — ‘A License in 20 Days’](https://launchbaseafrica.com/2025/09/10/the-tech-at-the-heart-of-egypts-mining-sector-a-license-in-20-days/) - Tech is only part of the story. - [SA’s Float Raises $2.6m to Offer a BNPL Alternative Using Existing Credit Cards](https://launchbaseafrica.com/2025/09/10/sas-float-raises-2-6m-to-offer-a-bnpl-alternative-using-existing-credit-cards/) - The South African fintech is betting that consumers want to split payments without taking on new debt, a model that's driving higher-value sales for merchants. - [Egypt’s Swvl Reports Its First-Ever Profit After a Brutal 99% Valuation Crash](https://launchbaseafrica.com/2025/09/09/egypts-swvl-reports-its-first-ever-profit-after-a-brutal-99-valuation-crash/) - The mobility company, which saw its valuation collapse after a SPAC deal, is ditching cash-burning growth. - [Moroccan Superapp Ora Acquires Logistics Startup Cathedis Months After its Series A](https://launchbaseafrica.com/2025/09/05/moroccan-superapp-ora-acquires-logistics-startup-cathedis-months-after-its-series-a/) - The all-Moroccan deal sees the fintech and e-commerce platform vertically integrate last-mile delivery, signalling a new phase of consolidation in the country's tech ecosystem. - [Accion Ventures Closes $62M Fund to Hunt for African Fintechs Tackling a $5.7T Market Gap](https://launchbaseafrica.com/2025/09/08/accion-ventures-closes-62m-fund-to-hunt-for-african-fintechs-tackling-a-5-7t-market-gap/) - The US-based venture capital firm, rebranded from Accion Venture Lab. - [Google-backed South African Fintech TaxTim Acquired in Bid to Build an AI-Powered Future](https://launchbaseafrica.com/2025/09/08/google-backed-south-african-fintech-taxtim-acquired-in-bid-to-build-an-ai-powered-future/) - Twofold Capital leads the buyout of the 14-year-old startup. - [Why Helios is Betting on Egyptian Data Centres Just Weeks After a Meltdown](https://launchbaseafrica.com/2025/09/08/why-helios-is-betting-on-egyptian-data-centres-just-weeks-after-a-meltdown/) - The timing of the investment is significant. - [Africa’s Startup Graveyard: The Eerie Patterns Behind 2025’s Biggest Failures](https://launchbaseafrica.com/2025/09/08/africas-startup-graveyard-the-eerie-patterns-behind-2025s-biggest-failures/) - While each collapse has its own story, a closer look at the debris reveals eerie patterns. - [Is Liquidator the Most Dangerous Job in South Africa?](https://launchbaseafrica.com/2025/09/08/is-liquidator-the-most-dangerous-job-in-south-africa/) - The assassination has sent shockwaves through the legal and financial communities, prompting calls for urgent action. - [US Crackdown Targets African Remote Workers in American Tech](https://launchbaseafrica.com/2025/09/08/us-crackdown-targets-african-remote-workers-in-american-tech/) - Whether you are a developer in Accra or Cape Town, a new wind is brewing. - [From Accra to Toronto: The Alternative Routes African Startups Are Taking to Expand Overseas](https://launchbaseafrica.com/2025/09/05/from-accra-to-toronto-the-alternative-routes-african-startups-are-taking-to-expand-overseas/) - For African startups, expanding overseas has traditionally meant one clear path: acquisition. - [Inside dLocal’s High-Stakes Gamble on Troubled $150M AZA Finance Acquisition](https://launchbaseafrica.com/2025/09/05/inside-dlocals-high-stakes-gamble-on-the-troubled-150m-aza-finance-acquisition/) - The payments giant is navigating a stalled acquisition and a risky $23.2m loan as it tries to fix a hole in its African operations left by a sharp downturn in Egypt. - [Collateral Damage: Ghana’s Latest Remittance Ban Puts Fintech Partnership Model on Notice](https://launchbaseafrica.com/2025/09/05/collateral-damage-ghanas-latest-remittance-ban-puts-fintech-partnership-model-on-notice/) - The Bank of Ghana has a flair for public discipline, and its latest targets are some of the biggest names in African remittances, sending a stark warning to the entire ecosystem: choose your partners wisely. - [Visa Targets Congo’s $3.3bn Remittance Market with New Mobile Payments App](https://launchbaseafrica.com/2025/09/05/visa-targets-congos-3-3bn-remittance-market-with-new-mobile-payments-app/) - This flow of capital is a critical economic lifeline, often outpacing institutional humanitarian aid. - [From Oil Rigs to Charging Plugs: Angola’s State Giant Sonangol Plots EV Future](https://launchbaseafrica.com/2025/09/04/from-oil-rigs-to-charging-plugs-angolas-state-giant-sonangol-plots-ev-future/) - To support the initiative, Sonangol has also launched a mobile app to help future EV drivers locate the nascent infrastructure. - [Kenyan Cap Table Startup Raise Africa Shuts Down, Citing a Better Fit with Private Equity](https://launchbaseafrica.com/2025/09/04/kenyas-raise-africa-shuts-down-citing-a-better-fit-with-private-equity-in-strategic-pivot-to-carta/) - Raise is shutting down after finding its product was built for the wrong audience. - [Africa’s Creative Economy Takes Centre Stage at Timbuktoo Creatives Hub in Cape Town](https://launchbaseafrica.com/2025/09/04/africas-creative-economy-takes-centre-stage-at-timbuktoo-creatives-hub-in-cape-town/) - Cape Town, South Africa — 04 September 2025 — The United Nations Development Programme (UNDP) in South Africa, in partnership with the Western Cape Government, the City of Atlanta, and other key collaborators, successfully hosted the timbuktoo Creatives Hub Showcase at the Homecoming Centre in District Six this week. The event brought together visionaries, policymakers, investors, and creative entrepreneurs - [GITEX Nigeria: Lagos Rolls Out the Red Carpet as Startups Hunt for Elusive Capital](https://launchbaseafrica.com/2025/09/04/gitex-nigeria/) - The official narrative is one of unbridled optimism. - [Egypt’s Central Bank to Fintechs: Time to Grow Up and Get a Board](https://launchbaseafrica.com/2025/09/04/egypts-central-bank-to-fintechs-time-to-grow-up-and-get-a-board/) - The days of running a multi-million EGP operation from a Slack channel are officially numbered. - [Egypt’s TradeHub Joins Growing List of African Startups Returning VC Cash](https://launchbaseafrica.com/2025/09/04/egypts-tradehub-joins-growing-list-of-startups-returning-vc-cash/) - “I’ve come to learn that knowing when to let go is just as important as knowing when to push forward.” - [Africa’s Data Centers Are in a Race for Higher-Margin Cloud Services](https://launchbaseafrica.com/2025/09/03/its-no-longer-about-the-rack-space-africas-data-centers-are-in-a-race-for-higher-margin-cloud-services/) - South Africa leads decisively with 49 facilities, representing nearly a quarter of the continent’s total. - [MOPO Secures $6.7m From Norfund to Scale Battery Rentals Across Africa](https://launchbaseafrica.com/2025/09/03/mopo-secures-6-7m-from-norfund-to-scale-battery-rentals-across-africa/) - Its products include the MOPO50, designed for lighting, phone charging and small appliances, and the MOPOMax, which supports higher-load devices such as small business equipment and e-mobility. - [Mamo Mihretu’s Legacy: Ethiopia’s Economic Reformer Resigns, Leaving Fintech Rulebook Rewritten](https://launchbaseafrica.com/2025/09/03/mamo-mihretus-legacy-ethiopias-economic-reformer-resigns-leaving-fintech-rulebook-rewritten/) - In a farewell message, Mamo stated he was leaving public service “to pursue other passions.” - [South Africa’s The Invigilator Raises $11m to Take Its AI Anti-cheating Tech Global](https://launchbaseafrica.com/2025/09/03/south-africas-the-invigilator-raises-11m-to-take-its-ai-anti-cheating-tech-global/) - Founded in 2020, The Invigilator provides a platform for educational institutions to monitor students during remote exams and assessments. - [The Great WAEMU Shakeout: 20 Fintechs Licensed as Regulatory Guillotine Falls](https://launchbaseafrica.com/2025/09/03/the-great-waemu-shakeout-20-fintechs-licensed-as-regulatory-guillotine-falls/) - This licensing wave lands in the middle of a much broader regulatory push. - [Babban Gona Raises $7.5m to Expand AI-Backed Farming Franchise in Northern Nigeria](https://launchbaseafrica.com/2025/09/03/babban-gona-raises-7-5m-to-expand-ai-backed-farming-franchise-in-northern-nigeria/) - With BII’s backing, Babban Gona says it wants to increase yields and incomes for around 140,000 farmers by 2029. - [A Busy Month for US Investors in African Startups](https://launchbaseafrica.com/2025/09/01/a-busy-month-for-us-investors-in-african-startups/) - American capital was spread across fintech, e-commerce, AI, and climate infrastructure. - [After Closing Its $100M Fund, Naspers Places a New $100K Bet on African Female Founders](https://launchbaseafrica.com/2025/09/02/after-closing-its-100m-fund-naspers-places-a-new-100k-bet-on-african-female-founders/) - This new initiative arrives on the heels of a significant strategic recalibration by Naspers. - [Egypt’s Intella Raises $12.5m to Build an AI That Truly Understands Arabic](https://launchbaseafrica.com/2025/09/02/egypts-intella-raises-12-5m-to-build-an-ai-that-truly-understands-arabic/) - Intella reported that it more than doubled its revenue in 2024 and is projecting 7x growth in 2025. - [The Elite Oxford Club Training VCs Who Deploy $444m Across Africa](https://launchbaseafrica.com/2025/09/02/the-elite-oxford-club-training-vcs-who-deploy-444m-across-africa/) - Founders backed by VCs that have received support from Boost Africa have a significantly higher success rate in follow-on funding. - [After Major Failures Across Africa, Investors Look for a New Breed of Foreign Startup Founders](https://launchbaseafrica.com/2025/09/01/after-major-failures-across-africa-investors-look-for-a-new-breed-of-foreign-startup-founders/) - From recent funding rounds, three categories of seemingly “acceptable” foreign founders stand out. - [Nigeria Lost Nearly Half Its Millionaires in a Decade — the Worst Decline in Africa](https://launchbaseafrica.com/2025/09/01/nigeria-lost-nearly-half-its-millionaires-in-a-decade-the-worst-decline-in-africa/) - Nigeria’s decline stands out in a landscape where several other African markets have managed to grow their high-net-worth populations. - [Munify Lands $3M Seed to Build New Rails for Egypt’s $30bn Remittance ‘beast’](https://launchbaseafrica.com/2025/08/29/munify-lands-3m-seed-to-build-new-rails-for-egypts-30bn-remittance-beast/) - The startup is headquartered with an international outlook, serving Egyptian expatriates across the U.S., Europe, and the Gulf, while also targeting business . - [Is Wave's Golden Era Over? Regulators and Telcos Close In on Payments Unicorn](https://launchbaseafrica.com/2025/08/29/is-waves-golden-era-over-regulators-and-mtn-close-in-on-the-payments-unicorn/) - Francophone Africa's fintech unicorn is facing its greatest tests yet. - [South Africa’s Central Bank Just Bought Half the Country’s Payments Plumbing. Meet PayInc](https://launchbaseafrica.com/2025/08/29/south-africas-central-bank-just-bought-half-the-countrys-payments-plumbing-meet-payinc/) - South Africa's once-sleepy interbank utility has a new name and a powerful new part-owner in the central bank. The mission? To finally drag the nation away from cash. - [Kenya’s Poa Internet Lands $4m to Bridge Urban Digital Divide](https://launchbaseafrica.com/2025/08/29/kenyas-poa-internet-lands-4m-to-bridge-urban-digital-divide/) - Founded in 2015, Poa Internet has carved out a niche by specifically targeting low and middle-income neighbourhoods often overlooked by larger telcos like Safaricom and Zuku. - [A Finnish Two-step: Money + Nokia](https://launchbaseafrica.com/2025/08/29/a-finnish-two-step-money-nokia/) - Nokia has a deep place in Africa's internet infrastructure startups. - [African Startup Deal Tracker — Newest Deals](https://launchbaseafrica.com/2025/08/29/african-startup-deal-tracker-newest-deals-13/) - Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month. - [France’s Largest LP Bpifrance Backs Nigerian Solar-Cooling Startup Koolboks in $11M Round](https://launchbaseafrica.com/2025/08/28/frances-largest-lp-bpifrance-backs-nigerian-solar-cooling-startup-koolboks-in-11m-round/) - The round, a mix of debt and equity, will help the climate tech scale its PAYGO refrigerators for small businesses across Africa, tackling food waste and unreliable power grids. - [TymeBank vs Paymenow: The Race to Own the South African Paycheck](https://launchbaseafrica.com/2025/08/28/tymebank-vs-paymenow-the-race-to-own-the-south-african-paycheck/) - ​Earned Wage Access (EWA) is booming as a lifeline for cash-strapped workers. But is it a responsible solution or a new dependency cycle? Fintechs like TymeBank, Paymenow, and platform-provider Deel are betting big. - [Tunisia’s New Labour Law Forces a €24bn IT Hiring Giant to Quit the Country After 23 Years](https://launchbaseafrica.com/2025/08/28/tunisias-new-labour-law-forces-a-e24bn-it-hiring-giant-to-quit-the-country-after-23-years/) - The company is pulling out of Tunisia after a new law upended its business model. - [Degas’s $100m Deal: The Japanese Plan to Wire Africa’s Farms with AI and Satellites](https://launchbaseafrica.com/2025/08/28/degass-100m-deal-the-japanese-plan-to-wire-africas-farms-with-ai-and-satellites/) - From Zipline to others, Africa’s breakthrough deeptechs almost always carry a touch of Japanese influence. - [The $250M Researcher: Inside the AI Bidding War Where African Talent Is Invisible](https://launchbaseafrica.com/2025/08/27/the-250m-researcher-inside-the-ai-bidding-war-where-african-talent-is-invisible/) - 40% of top US AI researchers come from Chinese universities. 0% come from Africa. - [OPay and Moniepoint’s Agent Banking Empire Faces Its Biggest Threat Yet](https://launchbaseafrica.com/2025/08/27/opay-and-moniepoints-agent-banking-empire-faces-its-biggest-threat-yet/) - Nigerian fintechs can no longer just distribute terminals; they must actively manage, monitor. - [Nigeria’s Startup Scene in Freefall, Despite a Tech Insider in Charge](https://launchbaseafrica.com/2025/08/26/nigerias-startup-scene-in-freefall-despite-a-tech-insider-in-charge/) - Two years after the celebrated appointment of a “tech bro” minister, funding has collapsed, high-profile startups are dying, and a brutal economic crisis is testing the ecosystem's famed resilience to its limit. - [I&P Broadens Scope of African Agritech Investment to Include Six New Countries](https://launchbaseafrica.com/2025/08/26/ip-broadens-scope-of-african-agritech-investment-to-include-six-new-countries/) - According to the Climate Policy Initiative, just 3% of global climate finance flowed to Africa in 2023, and less than 0.5% of that targeted early-stage tech ventures. - [Egypt’s New Exchange Chief Has a Startup Past. Can He Kickstart an IPO Boom?](https://launchbaseafrica.com/2025/08/26/egypts-new-exchange-chief-has-a-startup-past-can-he-kickstart-an-ipo-boom/) - Dr. Islam Azzam, a former managing director of a national fund targeting startups, takes the helm of the Egyptian Exchange amid a flurry of pro-tech market reforms. - [Real Estate is Eating Startups: Why Founders Need a Smarter Space Strategy](https://launchbaseafrica.com/2025/08/26/real-estate-is-eating-startups-why-founders-need-a-smarter-space-strategy/) - The startup graveyard is full of good ideas undone by bad decisions. - [Demo Day, Then Decay: The Reality of Africa’s Makeshift Startup Accelerators](https://launchbaseafrica.com/2025/07/18/demo-day-then-decay-the-reality-of-africas-makeshift-startup-accelerators/) - There’s also a chronic geographic imbalance. Cities like Lusaka, Douala, and Bamako appear only sporadically on the accelerator map, despite emerging tech scenes. And of the few programs based in Somalia, Cameroon, or Tanzania, nearly all are inactive. - [It Costs $835k a Year to Run Tunisia’s State-backed Startup Fund](https://launchbaseafrica.com/2025/08/26/it-costs-835k-a-year-to-run-tunisias-state-backed-startup-fund/) - The latest accounts show the fund is growing. - [West African Fintechs Scramble for ‘Ghost’ Licenses as Regulatory Clock Ticks Down](https://launchbaseafrica.com/2025/08/25/west-african-fintechs-scramble-for-ghost-licenses-as-regulatory-clock-ticks-down/) - Fintech startups in the eight-nation WAEMU bloc are in a high-stakes race for survival. - [The Great Return: Stablecoins Win Back Africa’s Fleeing Crypto Startup Investors](https://launchbaseafrica.com/2025/08/25/the-great-return-stablecoins-win-back-africas-fleeing-crypto-startup-investors/) - The institutional capital we are seeing is now more than just a fleeting conviction. - [Why a Swiss Impact Investor is Backing Ghana’s Complete Farmer with a $5m Debt Round](https://launchbaseafrica.com/2025/08/25/why-a-swiss-impact-investor-is-backing-ghanas-complete-farmer-with-a-5m-debt-round/) - --- The funding will help the startup scale its digital platform, which provides farming expertise and market access to over 12,000 farmers. - [From Trump’s Firing Line to Visa’s Embrace: An African Insurtech’s Survival Story](https://launchbaseafrica.com/2025/08/25/from-trumps-firing-line-to-visas-embrace-an-african-insurtechs-survival-story/) - The insurtech for farmers saw its future thrown into doubt by a US foreign aid freeze. - [Morocco’s DeepEcho Targets US Market with AI Ultrasound Tech, Backed by Japanese VC](https://launchbaseafrica.com/2025/08/25/moroccos-deepecho-targets-us-market-with-ai-ultrasound-tech-backed-by-japanese-vc/) - Youssef Bouyakhf founded DeepEcho in 2020. - [‘Team Japan’ Goes Big on African Tech as Megabank Sumitomo Backs Novastar](https://launchbaseafrica.com/2025/08/25/team-japan-goes-big-on-african-tech-as-megabank-sumitomo-backs-novastar/) - Japan's second-largest bank is swooping in on African tech and funds in a never-before-seen way. - [Kenya's d.light Secures $10m to Scale Solar Lending Across Africa](https://launchbaseafrica.com/2025/07/01/kenyas-d-light-secures-300m-to-scale-solar-lending-across-africa/) - In a significant milestone for Africa’s clean energy and financial inclusion sectors, solar energy firm d.light has secured an additional $300 million in receivables financing, - [Updated: African Startup Funding Hits $1.98B YTD as Debt Deals and Local Investors Step Up](https://launchbaseafrica.com/2025/08/22/african-startup-funding-hits-1-69b-ytd-as-debt-deals-and-local-investors-step-up/) - Artificial intelligence also emerged as a strong vertical. - [Denmark Bets $54M on African Tech and VCs with New Impact Fund](https://launchbaseafrica.com/2025/08/21/denmark-bets-54m-on-african-tech-and-vcs-with-new-impact-fund/) - The facility, which will run from 2025 to 2028. - [E4E Africa Buys Out Early Investor to Increase Holding in Insurtech Startup Pineapple](https://launchbaseafrica.com/2025/08/21/e4e-africa-buys-out-early-investor-to-increase-holding-in-insurtech-startup-pineapple/) - For a later-stage investor like E4E Africa, the transaction allows it to double down on a portfolio company it believes is outperforming. - [From Partner to Purchase: Why Nedbank’s $93M iKhokha Deal is a Warning Shot for Fintech Collaborators](https://launchbaseafrica.com/2025/08/21/from-partner-to-purchase-why-nedbanks-93m-ikhokha-deal-is-a-warning-shot-for-fintech-collaborators/) - The answer lies in the numbers. - [Algeria Opens for Fintech: New PSP Rules Create a Playbook for Payments Startups](https://launchbaseafrica.com/2025/08/19/algeria-opens-for-fintech-new-psp-rules-create-a-playbook-for-payments-startups/) - For international investors, it offers a degree of regulatory certainty that has been lacking. - [Female-Led First Circle Capital Raises $10.9M for Pan-African Fintech Fund](https://launchbaseafrica.com/2025/08/21/first-circle-capital/) - The firm has recently been making investments in Southern Africa. - [Japanese VCs Launch $20m Fund to Bridge Corporate Japan and African Tech](https://launchbaseafrica.com/2025/08/20/japanese-vcs-launch-20m-fund-to-bridge-corporate-japan-and-african-tech/) - A wave of Japanese corporates and early-stage funds is headed for Africa. - [The Most Active Investors in African Tech Startups: H1 2025](https://launchbaseafrica.com/2025/08/20/the-most-active-investors-in-african-tech-startups-h1-2025/) - Who invested the most in African tech startups in H1 2025? An unexpected foreign VC appears to be everywhere in Africa at the moment. - [Why Newly-Listed valU is Choosing Its Old Funding Playbook Over Public Markets](https://launchbaseafrica.com/2025/08/20/why-newly-listed-valu-is-choosing-its-old-funding-playbook-over-public-markets/) - The takeaway: Egypt's newly listed fintech giant isn't tapping public markets for its next growth phase. - [The 5 Most Active Seed-Stage Investors in Africa’s Emerging Tech Markets Currently](https://launchbaseafrica.com/2025/08/18/the-5-most-active-seed-stage-investors-in-africas-emerging-tech-markets-currently/) - The growing investor appetite for markets beyond the traditional hubs is driven by several converging factors. - [Mastercard Foundation Continues Africa Push with $10m for Sahel Capital](https://launchbaseafrica.com/2025/08/20/mastercard-foundation-continues-africa-push-with-10m-for-sahel-capital/) - SEFAA, which was initially anchored by Germany’s KfW Development Bank, typically invests between $300,000 and $2.4 million in early-stage and growth-oriented agribusinesses. - [Revolut vs. The Office des Changes: Will Moroccans Get the Full Version?](https://launchbaseafrica.com/2025/08/19/revolut-vs-the-office-des-changes-will-moroccans-get-the-full-version/) - "We have a monopoly in the banking system. Send money from your phone free of charge? No way." - [Revolut Applies for Moroccan Banking Licence](https://launchbaseafrica.com/2025/08/19/revolut-applies-for-moroccan-banking-licence/) - The UK fintech giant has submitted its application to the central bank, but faces a tough regulatory environment and deeply entrenched local competitors. - [After Backing Egypt’s Top Startups and VCs, EBRD Sets Sights on Nigeria](https://launchbaseafrica.com/2025/08/19/after-backing-egypts-top-startups-and-vcs-ebrd-sets-sights-on-nigeria/) - The bank is currently establishing its first resident office in Lagos. - [Hewatele Raises $10.5M to Tackle East Africa’s Deadly Oxygen Shortage](https://launchbaseafrica.com/2025/08/19/hewatele-raises-10-5m-to-tackle-east-africas-deadly-oxygen-shortage/) - The funding will bankroll a new liquid oxygen plant to address chronic shortages and poor-quality supply across East Africa. - [Danish State Fund Backs CrossBoundary Energy with $40M for African Solar Roll-out](https://launchbaseafrica.com/2025/08/19/danish-state-fund-backs-crossboundary-energy-with-40m-for-african-solar-roll-out/) - CBE’s client list includes multinational firms like Unilever and Guinness, as well as heavy industry players such as mining giant Rio Tinto. - [Founders Exit, Website Down: The Unraveling of Target Global-Backed Kippa That Raised Over $14M](https://launchbaseafrica.com/2025/08/18/founders-exit-website-down-the-unraveling-of-target-global-backed-kippa-that-raised-over-14m/) - Over a year after its pivot, Kippa’s future remains uncertain. - [Nigeria Just Made It ‘Nearly Impossible’ to Launch an Insurtech](https://launchbaseafrica.com/2025/08/18/nigeria-just-made-it-nearly-impossible-to-launch-an-insurtech/) - If building a full-stack insurtech in Nigeria was once a dream, it’s now a fantasy. - [MTN’s Fintech Arm Is Growing Faster Than Data](https://launchbaseafrica.com/2025/08/18/mtns-fintech-arm-is-growing-faster-than-data/) - In Africa, the largest telecom company is reporting that its fintech arm is outperforming its data segment—should this be a cause for concern? - [Egypt’s Delayed Digital Bank Taps Ex-Minister to Finally Get It Off the Ground](https://launchbaseafrica.com/2025/08/18/egypts-delayed-digital-bank-taps-ex-minister-to-finally-get-it-off-the-ground/) - Backed by state-owned Banque Misr, One Bank has a new name and a heavyweight board, but its go-live date has slipped by two years. - [Senegal’s Tech Scene Rocked by Insider Fraud as Employees Siphon Millions](https://launchbaseafrica.com/2025/08/15/senegals-tech-scene-rocked-by-insider-fraud-as-employees-siphon-hundreds-of-thousands/) - According to court documents, the accused, who had been with the company since 2019, exploited a feature in the company’s proprietary software. - [Inside the Controversial Tax Tactic Terrorising Nigerian Tech](https://launchbaseafrica.com/2025/08/15/inside-the-controversial-tax-tactic-terrorising-nigerian-tech/) - “They have tagged you as a high net worth individual.” - [Where Is the Best Official Data in Africa? The Answer Has Changed](https://launchbaseafrica.com/2025/08/14/where-is-the-best-official-data-in-africa-the-answer-has-changed/) - This progress isn’t happening by accident. - [TLcom’s $5M Pre-Seed Fund Hits Halfway Mark in Its Search for Africa’s Next Unicorns](https://launchbaseafrica.com/2025/08/14/tlcoms-5m-pre-seed-fund-hits-halfway-mark-in-its-search-for-africas-next-unicorns/) - The top VC firm plans to make up to ten more pre-seed investments from the TAPSI fund before the end of 2026. - [dLocal’s African Rollercoaster: Egypt Slumps as South Africa (and Temu) Step Up](https://launchbaseafrica.com/2025/08/14/dlocals-african-rollercoaster-egypt-slumps-as-south-africa-and-temu-step-up/) - dLocal’s African challenges are not new. In 2024, Nigeria’s revenue collapsed by over 80% after a naira devaluation, turning a once-lucrative market into a minor contributor. - [Kenya’s Ampersand Lands BII-led Round to Scale its E-motorbike Battery Network](https://launchbaseafrica.com/2025/08/13/kenyas-ampersand-lands-bii-led-round-to-scale-its-e-motorbike-battery-network/) - Investors pointed to the company’s strong performance metrics as a key driver for the deal. - [Tingo’s Nigerian Auditor Hit with $200K Fine and US Ban for ‘Aiding Fraud’](https://launchbaseafrica.com/2025/08/13/tingos-nigerian-auditor-hit-with-200k-fine-and-us-ban-for-aiding-fraud/) - According to a final judgment entered in a New York federal court on August 11, 2025, Oyebola and his firm played a crucial role in deceiving investors. - [A State-Funded Startup vs. State Sabotage: The Letter That Exposes South Africa’s EV Paradox](https://launchbaseafrica.com/2025/08/13/a-state-funded-startup-vs-state-sabotage-the-letter-that-exposes-south-africas-ev-paradox/) - The timing of this confrontation is critical. - [Street Wallet Secures $350k to Connect South Africa’s Informal Traders to the Digital Economy](https://launchbaseafrica.com/2025/08/13/street-wallet-secures-350k-to-connect-south-africas-informal-traders-to-the-digital-economy/) - Britto was previously the CFO at the UK startup Syft, where he played a key role in its £78m sale to the job site Indeed in 2019. - [Nedbank Acquires South African Fintech iKhokha for $92.4M in a Win for Non-Technical Founders](https://launchbaseafrica.com/2025/08/13/nedbank-acquires-south-african-fintech-ikhokha-for-92-4m-in-a-win-for-non-technical-founders/) - iKhokha’s success story is notable as it challenges the archetype of the developer-led tech startup. - [Meet the ‘Back-Office’ Engine Powering Nigeria’s Public Debt Boom for Fintech Firms](https://launchbaseafrica.com/2025/08/12/meet-the-back-office-engine-powering-nigerias-public-debt-boom-for-fintech-firms/) - Raising public debt isn’t a DIY project. - [VC Giant 500 Global Teams Up with Shell Foundation to Back Kenyan Startups](https://launchbaseafrica.com/2025/08/13/vc-giant-500-global-teams-up-with-shell-foundation-to-back-kenyan-startups/) - The initiative will back seed-stage startups in agriculture, energy and mobility. - [The Founder Factories of Egypt](https://launchbaseafrica.com/2025/08/13/the-founder-factories-of-egypt/) - An analysis of H1 2025 funding data reveals that telecom giant Vodafone and a cadre of global tech companies are the primary training grounds for Egypt's venture-backed founders. - [First Cheque Out: Small Foundation Backs Kenyan VC FrontEnd to Ease First-Time Manager Woes](https://launchbaseafrica.com/2025/08/13/first-cheque-out-small-foundation-backs-kenyan-vc-frontend-to-ease-first-time-manager-woes/) - While seasoned VCs continue to invest, aspiring first-time managers are navigating a steep and unforgiving terrain. - [Ghana’s $8.1B Pension Giants Eye Private Markets. Are VCs on Their Shopping List?](https://launchbaseafrica.com/2025/08/12/ghanas-8-1b-pension-giants-eye-private-markets-are-vcs-on-their-shopping-list/) - The shift comes as total pension assets grew by a dramatic 39.5% in the last year, driven by stricter contribution enforcement. - [Africa’s Top VCs Place Their Bets on Stablecoins via a $4.9M Round for Kenyan Fintech HoneyCoin](https://launchbaseafrica.com/2025/08/12/africas-top-vcs-place-their-bets-on-stablecoins-via-a-4-9m-round-for-kenyan-fintech-honeycoin/) - The round was led by global fintech investor Flourish Ventures, with participation from major Africa-focused VC firm TLcom Capital. - [Mapping Africa's VC Firepower: Which Funds Still Have the Most to Deploy?](https://launchbaseafrica.com/2025/08/12/emerging-startup-funds-for-africa-whos-writing-the-biggest-checks-in-2025/) - Earlier this year, we released a comprehensive report on newly launched funds in Africa targeting African startups. Eight months into the year, the majority of funding rounds across the continent have seen participation from firms featured in that report. - [In Africa’s Food Delivery ‘Graveyard’, VCs See Signs of Life with Chowdeck’s $9M Round](https://launchbaseafrica.com/2025/08/11/in-africas-food-delivery-graveyard-vcs-see-signs-of-life-with-chowdecks-9m-round/) - Investors are betting that Chowdeck’s combination of local market expertise and disciplined execution can succeed where others have struggled. - [Forget the PhDs. Africa’s Top AI Founders Are Coming from Big Tobacco and Big Law](https://launchbaseafrica.com/2025/08/11/forget-the-phds-africas-top-ai-founders-are-coming-from-big-tobacco-and-big-law/) - The continent’s AI scene is being built by industry insiders. - [ADX vs Tadawul: How a Cairo Fintech Became Abu Dhabi’s Secret Weapon ](https://launchbaseafrica.com/2025/08/11/adx-vs-tadawul-how-a-cairo-fintech-became-abu-dhabis-secret-weapon/) - This is a strategic play by Abu Dhabi to boost liquidity and challenge the dominance of Saudi Arabia’s exchange, the largest in the Arab world. - [The Outsiders’ Guide to Raising Venture Capital in Africa’s Tight 2025 Market](https://launchbaseafrica.com/2025/08/11/the-outsiders-guide-to-raising-venture-capital-in-africas-tight-2025-market/) - A review of H1 2025 funding data shows investors are doubling down on familiar faces and proven formulas, making it a tough year for anyone who doesn't fit the mould. - [Sony’s First Africa Fund Cheques Aren’t for Content — They’re for the ‘Picks and Shovels'](https://launchbaseafrica.com/2025/08/08/sonys-first-africa-fund-cheques-arent-for-content-theyre-for-the-picks-and-shovels/) - Sony has placed its latest chips on two companies solving foundational problems for Africa’s creatives. - [Jumia’s Pivot to First-Party Sales Pays Off as Brands Like Starlink and Adidas Fuel 47% Growth](https://launchbaseafrica.com/2025/08/07/jumias-pivot-to-first-party-sales-pays-off-as-brands-like-starlink-and-adidas-fuel-47-growth/) - The African ecommerce company saw revenue jump 25% and says it's on track to hit breakeven by the end of 2026. - [Egypt’s State-Backed Incubator ITIDA More Than Doubles Seed Funding in Latest Cohort](https://launchbaseafrica.com/2025/08/07/egypts-state-backed-incubator-itida-more-than-doubles-seed-funding-in-latest-cohort/) - Eight startups have joined the latest one-year incubation cycle, developing solutions across healthtech, logistics, education, and e-commerce. - [Inside Ethiopia's War on 'Black Market' US Fintechs](https://launchbaseafrica.com/2025/08/07/inside-ethiopias-war-on-black-market-us-fintechs/) - An undercurrent of black market remittance activities threatens NBE's $900M remittance incentives. - [Africa’s Universities Are Birthing Deeptech Startups. But Who Should Be CEO?](https://launchbaseafrica.com/2025/08/07/africas-universities-are-birthing-deeptech-startups-but-who-should-be-ceo/) - A new wave of deeptech startups is emerging from African university labs, but turning complex science into a global business often requires more than just a brilliant academic at the helm. - [Fintech Unicorn Wave Taps Ex-MTN Exec to Lead Its Cameroon Operations](https://launchbaseafrica.com/2025/08/06/fintech-unicorn-wave-taps-ex-mtn-exec-to-lead-its-cameroon-operations/) - Cameroon now accounts for over 70% of all mobile money activity in the six-nation CEMAC bloc, which the Bank of Central African States (BEAC) reported processed over €90bn in transactions in 2022. - [What It Takes to Land a Corporate Investment for Your Startup in Africa Currently](https://launchbaseafrica.com/2025/08/06/what-it-takes-to-land-a-corporate-investment-for-your-startup-in-africa-currently/) - The investment theses of Africa's CVCs are often less about radical disruption and more about pragmatic self-interest. African founders are taking note. - [After a $75M Proptech Round, Egypt’s Regulator Steps In With New Set of Regulations](https://launchbaseafrica.com/2025/08/06/after-a-75m-proptech-round-egypts-regulator-steps-in-with-new-set-of-regulations/) - The move brings an end to the sector’s “ask for forgiveness, not permission” phase. - [The Vancouver Firm That’s Brokered 630+ Deals for African Healthtech Startups](https://launchbaseafrica.com/2025/08/06/the-vancouver-firm-thats-brokered-630-deals-for-african-healthtech-startups/) - As traditional development assistance from major donors like the US and UK faces cuts, the need for sustainable, locally-led health solutions is growing. - [Flood, a South African S-AaaS Startup, Raises $2.5m to Embed Ecommerce in Existing Apps](https://launchbaseafrica.com/2025/08/06/flood-a-south-african-s-aaas-startup-raises-2-5m-to-embed-ecommerce-in-existing-apps/) - The company helps telcos and banks in emerging markets turn their applications into digital marketplaces for offline merchants. - [Flat6Labs Launches F6 Ventures, Pivoting to Larger Investments After 14 Years](https://launchbaseafrica.com/2025/08/05/flat6labs-launches-f6-ventures-pivoting-to-larger-investments-after-14-years/) - F6 Ventures will now manage the group’s venture capital funds. - [A Calendar of Funding Deadlines for African Startups](https://launchbaseafrica.com/2025/08/05/a-calendar-of-funding-deadlines-for-african-startups/) - Check out the latest startup funding headlines for African startups you may have missed. - [South Africa’s Largest Bank Capitec Taps Fintech Mama Money to Capture Migrant Remittance Market](https://launchbaseafrica.com/2025/08/05/south-africas-largest-bank-capitec-taps-fintech-mama-money-to-capture-migrant-remittance-market/) - This bank-fintech tie-up is a noteworthy example of embedded finance in an emerging market, where a large incumbent institution opts to integrate a specialist’s technology rather than build its own competing product. - [SA’s TurnStay Raises $2m to Slash Africa’s Hidden Travel Payment Fees](https://launchbaseafrica.com/2025/08/05/sas-turnstay-raises-2m-to-slash-africas-hidden-travel-payment-fees/) - The round was led by the Africa-focused fintech fund First Circle Capital. - [Cairo’s Suplyd Raises $2M to Build an Operating System for Restaurants](https://launchbaseafrica.com/2025/08/04/cairos-suplyd-raises-2m-to-build-an-operating-system-for-restaurants/) - The company operates in Egypt’s Hotels, Restaurants, and Catering (HORECA) market, which is valued at an estimated $10bn. - [I Took My Algerian Startup to Silicon Valley with ASEP. The Biggest Lesson Wasn’t About Funding](https://launchbaseafrica.com/2025/08/04/i-took-my-algerian-startup-to-silicon-valley-with-asep-the-biggest-lesson-wasnt-about-funding/) - Abdelbasset Meghraoui, founder of Survision, on his journey from an Algerian university to the heart of US tech - and the key mindset shifts needed to unlock Africa's potential. - [Africa’s Mid-Year Startup Funding Boom Favored Early-Stage Startups](https://launchbaseafrica.com/2025/08/04/africas-mid-year-startup-funding-flurry-was-an-early-stage-affair/) - T he early-stage investments show a remarkable diversity. - [The Clock is Ticking: BCEAO Unveils New Payment System as Fintech Ban Nears](https://launchbaseafrica.com/2025/08/04/the-clock-is-ticking-bceao-unveils-new-payment-system-as-fintech-ban-nears/) - However, the shiny new platform isn’t just a public good; it’s the centrepiece of a much larger, and more forceful, regulatory strategy. - [MEST Africa Challenge: MEST Africa and Banking Giant Absa Team Up to Find Africa’s Next Top Fintech](https://launchbaseafrica.com/2025/08/04/mest-africa-challenge-mest-africa-and-banking-giant-absa-team-up-to-find-africas-next-top-fintech/) - This year’s edition is dedicated exclusively to FinTech startups. - [After Ditching Subscriptions, Egypt’s Wuilt Raises $2M to Build Free E-Commerce Infrastructure](https://launchbaseafrica.com/2025/08/04/after-ditching-subscriptions-egypts-wuilt-raises-2m-to-build-free-e-commerce-infrastructure/) - The Cairo-based startup is sacrificing recurring revenue and betting on a free platform to capture the MENA region's vast market of small businesses and social sellers. - [EBRD Puts $10M into Breadfast as the Egyptian Grocery Startup’s Valuation Nears $400M](https://launchbaseafrica.com/2025/08/01/ebrd-puts-10m-into-breadfast-as-the-egyptian-grocery-startups-valuation-nears-400m/) - The European Bank for Reconstruction and Development (EBRD) is injecting $10 million into Breadfast. - [How a Nigerian Engineer Helped Build a $1 Billion Fintech Giant](https://launchbaseafrica.com/2025/07/31/how-a-nigerian-engineer-helped-build-a-1-billion-fintech-giant/) - 'The job title never really meant much to me. I wasn’t someone who chased the corporate ladder.' - [Glovo Overhauls Moroccan Operations in Settlement with Antitrust Watchdog](https://launchbaseafrica.com/2025/07/31/glovo-overhauls-moroccan-operations-in-settlement-with-antitrust-watchdog/) - The Spanish delivery giant has agreed to cap commissions, scrap exclusivity clauses, and pay a fine to end a year-long investigation into anti-competitive practices. - [Solarise Africa Secures $3.3m to Help South African Businesses Dodge Power Cuts](https://launchbaseafrica.com/2025/07/31/solarise-africa-secures-3-3m-to-help-south-african-businesses-dodge-power-cuts/) - Solarise Africa, a pan-African energy-as-a-service company, has secured R60m (approximately $3.3m) in follow-on funding from South African asset manager Mergence Investment Managers. The capital will be used to accelerate the rollout of solar energy solutions for commercial and industrial (C&I) businesses struggling with South Africa’s persistent power outages. Why it matters South Africa’s economy has been - [Djamo Quietly Launches Credit as Telco and Banking Giants Storm Its Turf](https://launchbaseafrica.com/2025/07/31/djamo-quietly-launches-credit-as-telco-and-banking-giants-storm-its-turf/) - But this offensive move comes as Djamo’s defensive line is being tested. - [A Pivot or a Life Raft?Ghana’s BezoMoney Becomes Exo AI After Its VC Closes Shop](https://launchbaseafrica.com/2025/07/30/a-pivot-or-a-life-raftghanas-bezomoney-becomes-exo-ai-after-its-vc-closes-shop/) - Exo AI plans to develop a chat-based assistant that connects to a user’s bank and mobile money accounts, a 360 degree departure from its initial propositions. - [Tech Transfer and Patient Capital: How Japan’s ‘Build-to-Last’ Startups Are Finding Profit in Africa](https://launchbaseafrica.com/2025/07/31/tech-transfer-and-patient-capital-how-japans-build-to-last-startups-are-finding-profit-in-africa/) - The message from Tokyo to Nairobi is clear: build to last, not just to scale. - [Battery-Swapping Battle: Silicon Valley and Bengaluru Vie for Africa’s EV Future](https://launchbaseafrica.com/2025/07/30/battery-swapping-battle-silicon-valley-and-bengaluru-vie-for-africas-ev-future/) - The market for two- and three-wheelers in Africa, the backbone of urban logistics and transport, is expected to exceed 1.9 million vehicles annually by 2030. - [African Startup Deal Tracker — Newest Deals](https://launchbaseafrica.com/2025/07/31/african-startup-deal-tracker-newest-deals-12/) - Here’s a closer look at the notable under-the-radar investment activity we’re tracking this week - [Algeria’s New Crypto Law: ‘Hodl’ at Your Own Peril](https://launchbaseafrica.com/2025/07/31/algerias-new-crypto-law-hodl-at-your-own-peril/) - For local tech talent and those who saw crypto as a hedge against inflation or a tool for financial inclusion, the message is clear: innovate elsewhere. - [When Should South African Graduates Start Applying for Jobs?](https://launchbaseafrica.com/2025/07/30/when-should-south-african-graduates-start-applying-for-jobs/) - In sectors like finance, consulting, and tech, graduate recruitment starts early, often between July and September of your final year. - [Inside the Deal: How a Cameroonian Web3 Founder Ended Up on the Board of a $45M State-Rescued ‘Zombie Bank’](https://launchbaseafrica.com/2025/07/30/nelly-chatue-diop/) - Anthemis-backed founder takes board seat at one of Cameroon's 15 existing commercial banks. - ["Locals Only": Tanzania's New Decree Shuts Out Foreign Fintechs](https://launchbaseafrica.com/2025/07/30/tanzania-to-foreign-mobile-money-fintechs-the-partys-over/) - The timing is particularly ironic when considering a homegrown, yet globally-minded, success story like Nala. - [Altera Biosciences Bags $1.6M to Build ‘Off-the-Shelf’ Cells in Africa’s First Gene Therapy Play](https://launchbaseafrica.com/2025/07/30/altera-biosciences-bags-1-6m-to-build-off-the-shelf-cells-in-africas-first-gene-therapy-play/) - While the science is complex, the investment thesis has a unique hook. The startup argues that its location is a strategic asset. - [Nigeria’s Shifting Tax Landscape: Free Zone Companies and Startups Caught in Crossfire](https://launchbaseafrica.com/2025/07/29/nigerias-shifting-tax-landscape-free-zone-companies-and-startups-caught-in-crossfire/) - For companies operating in Nigeria’s free zones, these changes are a bitter pill to swallow. - [South African Venture Capital Firm Havaíc Adds $25 Million to Pan-African Tech Fund](https://launchbaseafrica.com/2025/07/29/south-african-venture-capital-firm-havaic-adds-25-million-to-pan-african-tech-fund/) - The fund is set to make 15 investments in total. - [Inside the Helios Playbook: How a $1B NBA Deal Spawned a $75M Fund for African Sports Tech and Entertainment](https://launchbaseafrica.com/2025/07/29/inside-the-helios-playbook-how-a-1b-nba-deal-spawned-a-75m-fund-for-african-sports-tech-and-entertainment/) - This new fund builds directly on the legacy of one of Helios’s most high-profile deals. - [CityTaps’ $6M Water-Tech Dream Runs Dry as Kenyan Arm Enters Liquidation](https://launchbaseafrica.com/2025/07/29/citytaps-6m-water-tech-dream-runs-dry-as-kenyan-arm-enters-liquidation/) - The water-tech aimed to solve water access for Africa's urban poor with smart meters and mobile money. Its collapse is the latest in a wave of closures hitting Kenya's impact startup scene. - [Revolut Taps Ex-Uber Exec for Morocco Launch, Setting Up Clash with Local Fintechs](https://launchbaseafrica.com/2025/07/28/revolut-taps-ex-uber-exec-for-morocco-launch-setting-up-clash-with-local-fintechs/) - Revolut, which serves 60 million customers and was recently valued at approximately 45 billion, has begun assembling a team in Casablanca. - [Sun King Secures $156M Kenyan Debt Facility, Tightening its Grip on Africa’s Off-Grid Solar Market](https://launchbaseafrica.com/2025/07/28/sun-king-secures-156m-kenyan-debt-facility-tightening-its-grip-on-africas-off-grid-solar-market/) - The deal, backed by major local and international banks, highlights a market consolidation as smaller pay-as-you-go solar companies struggle to stay afloat. - [Building from Scratch: The ‘Ecosystem Debt’ Swallowing African Startups](https://launchbaseafrica.com/2025/07/28/building-from-scratch-the-ecosystem-debt-swallowing-african-startups/) - When a founder has to build the roads, install the plumbing, and write the laws before they can even open their shop, the standard metrics of growth and burn rate become dangerously misleading. - [Elmenus Founder Steps Down, Latest in a Wave of Egyptian Startup CEO Changes](https://launchbaseafrica.com/2025/07/28/elmenus-founder-steps-down-latest-in-a-wave-of-egyptian-startup-ceo-changes/) - The pressure for strategic evolution at Elmenus is amplified by the dominant performance of its main rival. - [The US VC Firms Currently Placing Nine-Figure Bets on African Tech Startups](https://launchbaseafrica.com/2025/07/28/the-us-vc-firms-currently-placing-nine-figure-bets-on-african-tech-startups/) - From Fintech to Cleantech, American investors are moving beyond seed cheques, leading mega-rounds and signaling a new phase of maturity for the continent's ecosystem. - [Rihanna-Backed Gather Ventures Invests In African Climate Startups](https://launchbaseafrica.com/2025/07/28/rihanna-backed-gather-ventures-invests-in-african-climate-startups/) - "We are here to ensure that entrepreneurs don’t take the wrong kind of capital for the wrong reasons" - [In Memoriam: Abiola Olaniran Built an African Startup Dream — His Legacy Is the Blueprint He Left Behind](https://launchbaseafrica.com/2025/07/23/in-memoriam-abiola-olaniran-built-an-african-startup-dream-his-legacy-is-the-blueprint-he-left-behind/) - A week has passed since Abiola Olaniran died, and in the vibrant, sprawling tech hubs of Lagos, a quiet grief hangs in the air. In a city that thrives on noise and relentless motion, the loss of the quiet, focused 36-year-old founder feels like a profound silence. Olaniran was more than a successful entrepreneur; he - [Massive Data Fraud Scheme Exposes KYC Vulnerabilities in Nigerian Fintech](https://launchbaseafrica.com/2025/07/25/massive-data-fraud-scheme-exposes-kyc-vulnerabilities-in-nigerian-fintech/) - "Information available revealed that the actors are up to 12,000 all over the country seeking account donors." - [Tracking Google’s AI Interests in Africa: A Strategy of Venture, Grants, and Skilling](https://launchbaseafrica.com/2025/07/25/tracking-googles-ai-interests-in-africa-a-strategy-of-venture-grants-and-skilling/) - The tech giant’s latest moves—spanning venture funding, academic grants, and digital upskilling—signal a long-term bet on Africa’s potential to drive AI innovation tailored to local challenges. - [From Men’s Shoes to Mobile Phones: Jumia’s Pivot to Africa’s Secondary Cities Is Starting to Pay Off](https://launchbaseafrica.com/2025/07/25/from-mens-shoes-to-mobile-phones-jumias-pivot-to-africas-secondary-cities-is-starting-to-pay-off/) - Making this strategy work requires a fundamentally different approach to logistics. - [From Poor Pay to Truncated Maps: Glovo’s Moroccan Headaches Mount as Regulator Slams Fine](https://launchbaseafrica.com/2025/07/24/from-poor-pay-to-truncated-maps-glovos-moroccan-headaches-mount-as-regulator-slams-fine/) - Protesters allege that the Glovo app recently displayed a map of Morocco without its southern regions. - [Wave Energy Gets a Test Run in South Africa as Swedish Startup Eyes Africa’s Coastline](https://launchbaseafrica.com/2025/07/24/wave-energy-gets-a-test-run-in-south-africa-as-swedish-startup-eyes-africas-coastline/) - But can waves compete with the continent's solar obsession? - [Algeria’s Startup Playbook Puts Sub-Saharan Policies to Shame](https://launchbaseafrica.com/2025/07/24/algerias-startup-playbook-puts-sub-saharan-policies-to-shame/) - Startup laws may be the fashion across African capitals, but North Africa appears to be one of the few regions actually wearing them well. - [Senegal’s Sovereign Wealth Fund Backs Eyone Medical with $3M in First Deployment from $89M Oyass Capital Fund](https://launchbaseafrica.com/2025/07/24/senegals-sovereign-wealth-fund-backs-eyone-medical-with-3m-in-first-deployment-from-89m-oyass-capital-fund/) - The investments are the first to be made by Oyass Capital, a 52 billion CFA franc ($89 million) SME-focused private equity fund sponsored by the Senegalese Sovereign Strategic Investment Fund (FONSIS). - [Egypt’s New Fintech Sandbox Comes With Limitations — And Hackathons](https://launchbaseafrica.com/2025/07/23/egypts-new-fintech-sandbox-comes-with-limitations-and-hackathons/) - The lab will also offer additional services beyond sandbox testing, - [Lagos, a Swarm of Data Centers: Nigeria’s First Digital Free Zone — Itana — Joins Infrastructure Race](https://launchbaseafrica.com/2025/07/23/lagos-a-swarm-of-data-centers-itana-enters-nigerias-digital-infrastructure-race/) - “Africa will not win in the AI age by consuming what the rest of the world builds.” - [Looking for VC in Ghana in 2025? Accra’s Not Where the Money Is](https://launchbaseafrica.com/2025/07/23/looking-for-vc-in-ghana-in-2025-accras-not-where-the-money-is/) - This year so far, most Ghanaian startups raised from a single institutional backer. - [Kenya’s Burn Secures $5M from African Development Bank to Scale Electric Cooking Across East and Southern Africa](https://launchbaseafrica.com/2025/07/22/kenyas-burn-secures-5m-from-african-development-bank-to-scale-electric-cooking-across-east-and-southern-africa/) - AfDB backs carbon-financed clean cooking initiative targeting low-income households in Kenya, Uganda and Zambia. - [An ‘Abuse of Process’: The Inside Story of How 54 Collective Lost Its $106M Fund](https://launchbaseafrica.com/2025/07/22/an-abuse-of-process-the-inside-story-of-how-54-collective-lost-its-106m-fund/) - The provisional liquidation process will continue, with a final court hearing scheduled for 11 August 2025. - [FAB-Backed Lime Launches in Egypt with $9.4M to Disrupt School Financing](https://launchbaseafrica.com/2025/07/22/fab-backed-lime-launches-in-egypt-with-9-4m-to-disrupt-school-financing/) - Lime Consumer Finance, a newly launched fintech platform focused on education financing, has secured a substantial $9.4 million in initial funding. - [Impact Investor I&P Scouts for New Wave of Climate Tech Across West Africa](https://launchbaseafrica.com/2025/07/22/impact-investor-ip-scouts-for-new-wave-of-climate-tech-across-west-africa/) - Impact investor Investisseurs & Partenaires (I&P) is actively searching for the next generation of climate tech startups in Francophone West Africa. - [Flend Raises $3m in Seed Round to Scale Digital SME Finance Across Egypt](https://launchbaseafrica.com/2025/07/22/flend-raises-3m-in-seed-round-to-scale-digital-sme-finance-across-egypt/) - The Cairo-based fintech startup plans to embed lending into Egypt's real economy through a fully regulated, tech-first platform. - [Morocco’s Journify Doubles Valuation After Fresh Investment — and Sets a New Benchmark for MENA’s Adtech Scene](https://launchbaseafrica.com/2025/07/22/moroccos-journify-doubles-valuation-after-fresh-investment-and-sets-a-new-benchmark-for-menas-adtech-scene/) - At the heart of Journify’s model is a simple but timely proposition: helping brands across the Middle East activate and monetise first-party data — the data customers willingly share with them — across platforms like Meta, Google, TikTok, X, and Snapchat. - [One Firm Pulled in $6M in a Year from Fractional Real Estate — Is This Egypt’s Next Fintech Frontier?](https://launchbaseafrica.com/2025/07/22/one-firm-pulled-in-6m-in-a-year-from-fractional-real-estate-is-this-egypts-next-fintech-frontier/) - Welcome to the next frontier of real estate investing in Egypt: fractional ownership. - [From Seedling to Supply Chain: The Rural Roots of South Africa’s Paper Industry](https://launchbaseafrica.com/2025/07/21/from-seedling-to-supply-chain-the-rural-roots-of-south-africas-paper-industry/) - Growers receive not only high-quality seedlings (5.3 million distributed in 2024) but also technical training, site visits to mills, and access to guaranteed offtake agreements. - [Breadfast’s Investor Sees Nearly 2x Return as Valuation Climbs Toward $400M](https://launchbaseafrica.com/2025/07/21/breadfasts-investor-sees-nearly-2x-return-as-valuation-climbs-toward-400m/) - Egypt's top grocery startup stands out in African portfolio marked by stagnation and write-downs. - [POPIA Complacency Exposes South Africa to Cybercrime](https://launchbaseafrica.com/2025/07/21/popia-complacency-exposes-south-africa-to-cybercrime/) - In just the past three years, an alarming number of South African public institutions, including municipalities, have fallen victim to cyberattacks. - [Stahili: The New Startup from Copia Founders Promises Privacy and Instant Rewards](https://launchbaseafrica.com/2025/07/21/stahili-the-new-startup-from-copia-founders-promises-privacy-and-instant-rewards/) - The decision to pivot from an e-commerce company to a reward-based survey platform appears to reflect a strategic shift in focus. - [Uganda-Born Rwazi Raises $12M Series A to Dismantle Market Research Status Quo](https://launchbaseafrica.com/2025/07/18/uganda-born-rwazi-raises-12m-series-a-to-dismantle-market-research-status-quo/) - Rutakangwa and Sewankambo both cut their teeth at Kampala-based Owino Solutions, where they built web systems for East African clients and dabbled in digital media to amplify local culture. - [Europe’s Largest Private Pharma Channels $50m Fund Into African Health Startups](https://launchbaseafrica.com/2025/07/18/europes-largest-private-pharma-channels-50m-fund-into-african-health-startups/) - Launched in 2021, it provides non-traditional financing models—such as concessional loans and revenue-based investments—to plug the financing gap for early-stage social businesses beyond what conventional grants or equity rounds can offer. - [Five Years in the Making: Ethiopia’s Startup Act Finally Becomes Law](https://launchbaseafrica.com/2025/07/17/five-years-in-the-making-ethiopias-startup-act-finally-becomes-law/) - The Ethiopian Startup Proclamation defines a startup as a tech-based company less than three years old with annual gross revenues below 5 million birr (about $38,000 at today’s exchange rate). - [Ethiopia’s Content Creators Swept into East Africa’s Digital Tax Wave](https://launchbaseafrica.com/2025/07/17/ethiopias-content-creators-swept-into-east-africas-digital-tax-wave/) - Their days of flying under the tax radar are over. - [With New Egypt Fintech License in Hand, MaxAB-Wasoko Charts Deeper Fintech-Led Future](https://launchbaseafrica.com/2025/07/17/with-new-egypt-fintech-license-in-hand-maxab-wasoko-charts-deeper-fintech-led-future/) - The Egyptian startup's Central Bank approval marks a deeper pivot toward fintech as the MaxAB-Wasoko group recalibrates across African markets. - [Former Fraudster Hired by Mistake: Egyptian Fintech Faces Insider Wallet Theft Scandal](https://launchbaseafrica.com/2025/07/17/former-fraudster-hired-by-mistake-egyptian-fintech-faces-insider-wallet-theft-scandal/) - The incident has raised serious questions about hiring and offboarding protocols within Africa’s rapidly expanding fintech sectors. - [Tactful Founders Buy Back AI Startup from Belgian Telecom Group Three Years After Acquisition](https://launchbaseafrica.com/2025/07/17/tactful-founders-buy-back-ai-startup-from-belgian-telecom-group-three-years-after-acquisition/) - The deal marks a quiet but significant pivot in Tactful’s trajectory — from European acquisition back to homegrown independence. - [Karim Beshara’s A15 Delivers Rare 10x Returns, A Decade On](https://launchbaseafrica.com/2025/07/16/karim-besharas-a15-delivers-rare-10x-returns-a-decade-on/) - From the outset, Beshara pitched A15 not just as a fund, but as an operator-led, founder-first firm, shaped by his own experience on both sides of the table. - [Bizao Post-Mortem: What Went Wrong at Africa’s B2B Payments Infrastructure Startup?](https://launchbaseafrica.com/2025/07/16/bizao-post-mortem-what-went-wrong-at-africas-b2b-payments-infrastructure-startup/) - Following its entry into receivership, a Paris court opened a bidding process in April 2025 to attract acquirers. None emerged. - [From Startup Bill to Crypto Deadlines: Ghana’s Innovation Engine Is Running on Ticking Clocks](https://launchbaseafrica.com/2025/07/15/from-startup-bill-to-crypto-deadlines-ghanas-innovation-engine-is-running-on-ticking-clocks/) - Ghana’s innovation economy is facing a busy and bewildering few weeks. Two major deadlines — one regulatory, the other legislative — are fast approaching. - [Fintech Startup PALM Closes 7-Figure Round to Make Saving Rewarding in Egypt](https://launchbaseafrica.com/2025/07/15/fintech-startup-palm-closes-7-figure-round-to-make-saving-rewarding-in-egypt/) - The round was led by pan-African venture firm 4DX Ventures, with participation from Plus VC and several international angel investors. - [Morocco’s Ora Technologies Raises $7.5M Series A to Expand Superapp Ecosystem](https://launchbaseafrica.com/2025/07/15/moroccos-ora-technologies-raises-7-5m-series-a-to-expand-superapp-ecosystem/) - The round is the largest publicly disclosed tech Series A round in the country this year and signals growing local investor appetite for homegrown digital platforms. - [The Politics of Co-founder Breakups in Nigeria: Who Gets Burned?](https://launchbaseafrica.com/2025/07/14/the-politics-of-co-founder-breakups-in-nigeria-who-gets-burned/) - Co-founder conflict isn’t a glitch in the startup scene in Nigeria— it’s a feature. - [Fee Wars Begin in Cameroon as Unicorn Disruptor Wave Enters and Telcos Fight to Hold Ground](https://launchbaseafrica.com/2025/07/14/fee-wars-begin-in-cameroon-as-unicorn-disruptor-wave-enters-and-telcos-fight-to-hold-ground/) - Cameroon now accounts for over 70% of mobile money transactions in Central Africa. According to BEAC, it processed more than €90bn in mobile money transactions in 2022 alone. - [South African Banks Are Becoming Africa’s Go-To Lenders for Venture-Scale Startups](https://launchbaseafrica.com/2025/07/14/south-african-banks-are-becoming-africas-go-to-lenders-for-venture-scale-startups/) - South African banks’ growing involvement in tech-aligned debt is no accident. - ['Institutional Investors Are Driving This Rally' — Luno Chief on Bitcoin's All-Time High](https://launchbaseafrica.com/2025/07/14/institutional-investors-are-driving-this-rally-luno-chief-on-bitcoins-all-time-high/) - “These are not retail-led surges. We’re seeing sustained appetite from investment professionals.” - [The Dangers of Drifting Through Business Without Intention — Lessons from the ‘Inner Game of Entrepreneurship’ Workshop](https://launchbaseafrica.com/2025/07/11/the-inner-game-of-entrepreneurship-mastery/) - “Where your focus goes, your energy flows.” - [Where the Money’s Going: What Investors Are Backing Outside Africa’s 'Big Four' in 2025](https://launchbaseafrica.com/2025/07/11/where-the-moneys-going-what-investors-are-backing-outside-africas-big-four-in-2025/) - North Africa — especially Morocco and Tunisia — is becoming a testing ground for AI, vertical SaaS, and bundled apps. - [The Legal Booby Traps That Sink Early-Stage Startups](https://launchbaseafrica.com/2025/07/11/the-legal-booby-traps-that-sink-early-stage-startups/) - What advising dozens of African and global founders has taught me about the hidden legal pitfalls startups can't afford to ignore. - [MaxAB-Wasoko Winds Down E-commerce in Morocco as Fintech Becomes Core](https://launchbaseafrica.com/2025/07/11/maxab-wasoko-winds-down-e-commerce-in-morocco-as-fintech-becomes-core/) - As more startups layer financial services onto distribution networks, the message is clear: surviving Africa’s B2B e-commerce crunch may hinge less on moving goods, and more on financing them. - [Morocco Selects Global GPs Including Westmont and AfricInvest to Manage $1.9bn in Thematic Funds](https://launchbaseafrica.com/2025/07/11/morocco-selects-global-gps-including-westmont-and-africinvest-to-manage-1-9bn-in-thematic-funds/) - The funds will be domiciled in Morocco and will invest through a mix of equity and quasi-equity instruments. - [Inside the Fintech That’s Quietly Built Africa’s Largest Smartphone Assembly Line](https://launchbaseafrica.com/2025/07/10/m-kopa-smartphones/) - It’s a playbook that echoes India’s feature phone revolution of the early 2000s — except with embedded finance at the core rather than cheap calls. - [Network International and Magnati Merge to Form $400bn African-Middle East Fintech Giant](https://launchbaseafrica.com/2025/07/10/network-international-and-magnati-merge-to-form-400bn-african-middle-east-fintech-giant/) - The new company will serve more than 250 financial institutions, 240,000 merchants, and 20 million cardholders in over 50 markets. - [Nigeria’s BFREE Raises $3M to Unlock New Frontier in Distressed Loan Portfolio Financing](https://launchbaseafrica.com/2025/07/10/nigerias-bfree-raises-3m-to-unlock-new-frontier-in-distressed-loan-portfolio-financing/) - BFREE is turning what has long been considered a dead-end in African finance — non-performing loans — into a viable, tech-powered asset class. - [Nigeria’s CAC Makes a Bold Bet on AI-Powered Instant Company Registration — and It Misfires](https://launchbaseafrica.com/2025/07/09/nigerias-cac-makes-a-bold-bet-on-ai-powered-instant-company-registration-and-it-misfires/) - As Nigeria aims to climb the ranks of global ease-of-doing-business indices, its latest experiment with automation highlights a timeless truth. - [A New Fintech Gold Rush in Cameroon — But Has the Market Really Changed?](https://launchbaseafrica.com/2025/07/09/a-new-fintech-gold-rush-in-cameroon-but-has-the-market-really-changed/) - In 2022, it accounted for 71% of all mobile money transactions in Central Africa, totalling more than €90 billion - [Can Temu Crack South Africa’s E-Commerce Market Where Jumia Couldn’t?](https://launchbaseafrica.com/2025/07/09/can-temu-crack-south-africas-e-commerce-market-where-jumia-couldnt/) - Temu’s expansion comes less than a year after Jumia Technologies AG, often dubbed the “Amazon of Africa,” shut down operations in South Africa and Tunisia. - [The Unwritten Rule: Why 2025’s Most Funded African Startups Are Becoming the Most Aggressive Buyers](https://launchbaseafrica.com/2025/07/09/the-unwritten-rule-why-2025s-most-funded-african-startups-are-becoming-the-most-aggressive-buyers/) - Too early to call it a trend? Maybe. But the signals are getting louder. - [Nawy Buys UAE’s SmartCrowd in Bid to Build MENA’s First Real Estate Super-App](https://launchbaseafrica.com/2025/07/09/egypts-nawy-buys-uaes-smartcrowd-in-bid-to-build-menas-first-real-estate-super-app/) - Before the acquisition, SmartCrowd has raised over $3.6M across 3 funding rounds. - [Cairo Fire Exposes the Cracks Beneath Egypt’s Fintech Boom](https://launchbaseafrica.com/2025/07/08/cairo-fire-exposes-the-cracks-beneath-egypts-fintech-boom/) - When infrastructure fails, the impact is brutally democratic: everyone goes down. - [Out of Style: Why North Africa’s Venture-Backed Fashion Startups Are Disappearing](https://launchbaseafrica.com/2025/07/07/out-of-style-why-north-africas-venture-backed-fashion-startups-are-disappearing/) - After a multimillion-dollar funding boom, North Africa’s once-hyped fashion startups are quietly going bust. What went wrong? - [Dollar Access Returns. So Does Foreign Competition for Nigerian Wallets](https://launchbaseafrica.com/2025/07/08/dollar-access-returns-so-does-foreign-competition-for-nigerian-wallets/) - In the coming months, Nigerian companies — from fintechs to fashion brands — will face a tough question. - [Cape Town’s New timbuktoo Creative Hub Opens Free Space for Africa’s Creative-Tech Startups](https://launchbaseafrica.com/2025/07/08/cape-towns-new-timbuktoo-creative-hub-opens-free-space-for-africas-creative-tech-startups/) - Creatives are also invited to host creative community events in the vibrant venue. - [Cape Town-Born Cerebrium Raises $8.5M to Power the Future of Real-Time AI](https://launchbaseafrica.com/2025/07/08/cape-town-born-cerebrium-raises-8-5m-to-power-the-future-of-real-time-ai/) - Cerebrium is a serverless infrastructure platform that makes it easy for companies to build and scale data/AI workloads. With just a team of 4 across the US and South Africa, the startup scaled to doing millions in revenue. - [South Africa’s Paymenow Secures $22.4M to Expand Earned Wage Access Across Africa](https://launchbaseafrica.com/2025/07/07/south-africas-paymenow-secures-22-4m-to-expand-earned-wage-access-across-africa/) - With this deal, a wave of South African banks continue their backing for African fintech firms. - [Moroccan Startups Are Quietly Dismantling Monopolies](https://launchbaseafrica.com/2025/07/07/moroccan-startups-are-quietly-dismantling-monopolies-heres-how/) - It’s not every day a startup drags a public institution into the 21st century — and walks away with the keys to a fairer market. - [‘Leave Through the Front Door’: Okra’s Quiet Shutdown Exposes Nigeria’s Failure Taboo](https://launchbaseafrica.com/2025/07/07/leave-through-the-front-door-okras-quiet-shutdown-exposes-nigerias-failure-taboo/) - The startup’s quiet demise has brought fresh scrutiny to how Nigerian startups manage failure. - [Africa’s SWIFT Alternative PAPSS Just Hit 17 Members. Here’s Why That Matters](https://launchbaseafrica.com/2025/07/07/africas-swift-alternative-papss-just-hit-17-members-heres-why-that-matters/) - While the expanding geographical footprint is significant, the real story lies in the “how.” - [African Startup Deal Tracker — Newest Deals](https://launchbaseafrica.com/2025/07/04/african-startup-deal-tracker-newest-deals-11/) - Here’s a look at the notable under-the-radar investment activity we’re tracking this week - [A Farewell to Okra, Nigeria’s Once Bright API Startup](https://launchbaseafrica.com/2025/07/02/a-farewell-to-okra-nigerias-once-bright-api-startup/) - At the time we reported on Nigerian cloud startups rallying behind some proposed data rules to escape the claws of foreign hyperscalers, something about the mood felt slightly off. - [Law, Loops, and Lock-Ups: Behind the Deal That Gave Lesaka a Banking License](https://launchbaseafrica.com/2025/07/03/law-loops-and-lock-ups-behind-the-deal-that-gave-lesaka-a-banking-license/) - This is not just an acquisition — it’s a balance sheet restructuring disguised as strategic expansion. - [Kenya’s BuuPass Lands Investment from Yango’s New $20M Corporate VC Fund](https://launchbaseafrica.com/2025/07/03/kenyas-buupass-lands-investment-from-yangos-new-20m-corporate-vc-fund/) - The fund will target startups from seed through Series B rounds, focusing on online-to-offline (O2O) platforms, B2B SaaS solutions, and fintech ventures. - [E3 Capital, Norfund Dominate Investor Activity as African Startups Raise Over $800M in Q2](https://launchbaseafrica.com/2025/07/02/e3-capital-norfund-dominate-investor-activity-as-african-startups-raise-over-800m-in-q2/) - But beyond the funding volume, a deeper pattern is emerging. - [Billionaire-Funded Program Offers $2m Equity-Free to African AI & Manufacturing Startups](https://launchbaseafrica.com/2025/07/02/billionaire-funded-program-offers-2m-equity-free-to-african-ai-manufacturing-startups/) - While Africa is home to nearly 18% of the world’s population, it contributes less than 2% of global manufacturing output. - [US Senate Waters Down 5% Remittance Tax in Big Win for African Fintechs](https://launchbaseafrica.com/2025/07/02/us-senate-waters-down-5-remittance-tax-in-win-for-african-fintechs/) - For these companies — names like Chipper Cash, LemFi, Flutterwave, and TapTap Send — a 5% tax on remittances out of the U.S. would have fundamentally altered their business models. - [Priced in Naira, Discounted by 20% — Can Nigerian Cloud Startups Hold Their Ground Against MTN’s $120M Bet?](https://launchbaseafrica.com/2025/07/02/priced-in-naira-discounted-by-20-can-nigerian-cloud-startups-hold-their-ground-against-mtns-120m-bet/) - The question for Nigeria’s startups and corporates is no longer if they should go cloud-first. - [BII’s New Coverage Director Is the Latest Sign of a Major DFI Shift in Africa](https://launchbaseafrica.com/2025/07/01/biis-new-coverage-director-is-the-latest-sign-of-a-major-dfi-shift-in-africa/) - The timing could not be more strategic. - [Can Jumia’s Cairo Mega Warehouse Turn the Tide for Africa’s Leading Online Retailer?](https://launchbaseafrica.com/2025/07/01/can-jumias-cairo-mega-warehouse-turn-the-tide-for-africas-leading-online-retailer/) - Egypt is one of Jumia’s core markets and home to a major tech hub where engineers develop logistics solutions for its pan-African operations. - [Senegal and Kenya Lead Africa’s $345M Startup Funding Boom in June as Nigeria Fades](https://launchbaseafrica.com/2025/07/01/senegal-and-kenya-lead-africas-345m-startup-funding-boom-in-june-as-nigeria-fades/) - As 2025 heads into its second half, the question is no longer whether funding will return. It has. The question now is: where will it go next — and who will be left behind? - [Ghana’s Liquify Snags $1.5M to Turn Unpaid Invoices into Instant Cash](https://launchbaseafrica.com/2025/06/30/ghanas-liquify-snags-1-5m-to-turn-unpaid-invoices-into-instant-cash/) - “Liquify was built to unlock the $120 billion trade-finance gap holding back Africa’s most dynamic SMEs." - [Saudi Arabia’s New Tech Magnet: How Riyadh is Drawing Egypt’s Deep-Tech Startups with Millions in Grant Funding](https://launchbaseafrica.com/2025/06/30/saudi-arabias-new-tech-magnet-how-riyadh-is-drawing-egypts-deep-tech-startups-with-millions-in-grant-funding/) - The immense financial firepower and market access offered by Saudi Arabia provide a runway that is, for now, unmatched elsewhere in the region. - [Fintech Unicorn Wave Secures $137 Million in Debt Funding to Power Pan-African Growth](https://launchbaseafrica.com/2025/06/30/fintech-unicorn-wave-secures-137-million-in-debt-funding-to-power-pan-african-growth/) - Wave made headlines in September 2021 when it became Francophone Africa’s first unicorn, hitting a valuation of $1.7 billion - [Nigerian Startup Intron Finds Surprising Traction in the Country’s Chaotic Courtrooms](https://launchbaseafrica.com/2025/06/30/nigerian-startup-intron-finds-surprising-traction-in-the-countrys-chaotic-courtrooms/) - “We didn’t just tune a global model to local accents. We started from scratch with real African data." - [VIBRA, Pillow, Momint — Africa’s Crypto Graveyard Grows](https://launchbaseafrica.com/2025/06/30/vibra-pillow-momint-africas-crypto-graveyard-grows/) - South African crypto startup Momint, once lauded for helping local creators monetize digital content through NFTs - [Looking for Funding in North Africa? This VC Might Be Your Best Bet](https://launchbaseafrica.com/2025/06/27/looking-for-funding-in-north-africa-this-vc-might-be-your-best-bet/) - Founders in North Africa seeking capital for their early-stage ventures could do worse than knocking on the door of this VC. - [UPDATE – Tax All the Taxable: Nigerian Tech Startups Walk Into 2025 With New Taxes — What’s at Stake?](https://launchbaseafrica.com/2025/06/27/tax-all-the-taxable-nigerian-tech-startups-walk-into-2025-with-new-taxes-whats-at-stake/) - On Thursday, June 28, President Bola Tinubu signed into law four new tax bills, describing them as pivotal to the success of his administration's reforms and the country's prosperity. - [From P2P to Custodian: Inside Telda’s 180-Degree Pivot to Escape Egypt’s Fintech Bloodbath](https://launchbaseafrica.com/2025/06/27/from-p2p-to-custodian-inside-teldas-180-degree-pivot-to-escape-egypts-fintech-bloodbath/) - What’s kept the company afloat while others from its founding generation have faltered? - [Lesaka Snaps Up Michael Jordaan’s Bank Zero for $61.4M to Take On TymeBank](https://launchbaseafrica.com/2025/06/27/lesaka-snaps-up-michael-jordaans-bank-zero-for-61-4m-to-take-on-tymebank/) - The purchase of Bank Zero is the latest move in Lesaka’s aggressive expansion. - [African Startup Deal Tracker — Newest Deals](https://launchbaseafrica.com/2025/06/27/african-startup-deal-tracker-newest-deals-10/) - Here’s a closer look at the notable under-the-radar investment activity we’re tracking this week - [Why Some Partnerships Become Legacies — and Others Just Fade](https://launchbaseafrica.com/2025/06/26/why-some-partnerships-become-legacies-and-others-just-fade/) - By Ray Langa - [Licence Applications for Foreign Banks Now Open in Ethiopia](https://launchbaseafrica.com/2025/06/26/licence-applications-for-foreign-banks-now-open-in-ethiopia/) - Ethiopia's central bank has issued a long-anticipated directive that lays out the licensing framework for foreign banks and investors looking to tap into Africa’s second-most populous nation. - [After Five Years, Morocco’s Top Investor 212Founders Is Rewriting Its Playbook — Here’s Why & How](https://launchbaseafrica.com/2025/06/26/after-five-years-moroccos-top-investor-212founders-is-rewriting-its-playbook-heres-why-how/) - The investor says it has backed over 135 startups, with 24 equity investments and has made two exits. - [Rare African Solo Founder Behind Better Auth Raises $5M to Rethink Developer Authentication](https://launchbaseafrica.com/2025/06/26/rare-african-solo-founder-behind-better-auth-raises-5m-to-rethink-developer-authentication/) - Most African startups tend to be co-founded teams focused on fintech, cleantech or logistics. - [The World’s Biggest Sports Streamer Is Taking Nigeria’s Popular Dambe Global— Here’s Why It Matters](https://launchbaseafrica.com/2025/06/25/the-worlds-biggest-sports-streamer-is-taking-nigerias-popular-dambe-global-heres-why-it-matters/) - The collaboration will debut with the launch of the Dambe World Series, taking place June 28 at Abuja’s Moshood Abiola National Stadium. - [Meet the 9 AI Startups Google Is Backing in Its Latest Africa Accelerator Class](https://launchbaseafrica.com/2025/06/25/meet-the-9-ai-startups-google-is-backing-in-its-latest-africa-accelerator-class/) - The announcement follows a rigorous selection process that began in April 2025, drawing nearly 1,500 applicants from across Africa. - [As Nigeria’s Economy Sinks, Its VCs Look Everywhere Else](https://launchbaseafrica.com/2025/06/25/as-nigerias-economy-sinks-its-vcs-look-everywhere-else/) - This week, Ingressive Capital, long considered one of the few pro-local holdouts, joined the wave. - [Egyptian Venture Studio Aria Ventures Launches New Fund to Back Deep-Tech Startups](https://launchbaseafrica.com/2025/06/25/egyptian-venture-studio-aria-ventures-launches-new-fund-to-back-deep-tech-startups/) - The investment is designed to bridge the gap between scientific research and commercial applications, providing both capital and hands-on support to startups in their formative stages. - [TymeBank Is Now South Africa’s Third-Largest Bank — But Scaling Further May Cost More Than It Can Afford](https://launchbaseafrica.com/2025/06/25/tymebank-is-now-south-africas-third-largest-bank-but-scaling-further-may-cost-more-than-it-can-afford/) - TymeBank is now South Africa’s third-largest bank by customer base, serving over 11 million South Africans . But a big trouble is looming. - [The AI Startups Winning African VC Backing in 2025 — and Why](https://launchbaseafrica.com/2025/06/24/the-ai-startups-winning-african-vc-backing-in-2025-and-why/) - An investigation into recent funding rounds reveals four major themes defining the African AI landscape in 2025 so far . - [Why Education-Led Growth, Not Selling, Is the New Business Growth Hack](https://launchbaseafrica.com/2025/06/24/why-education-led-growth-not-selling-is-the-new-business-growth-hack/) - “It’s about building smart, informed customers who choose your brand because they understand it.” - [The Rulebook for Egypt's Fintech Startups Has Changed. Here’s How to Get Licensed](https://launchbaseafrica.com/2025/06/24/the-rulebook-for-egypts-fintech-startups-has-changed-heres-how-to-get-licensed/) - Existing fintech startups must apply for a license within 12 months. - [Ghana’s Complete Farmer Secures $2.5M EU Funding to Scale Agritech in Underserved Northern Regions](https://launchbaseafrica.com/2025/06/24/ghanas-complete-farmer-secures-2-5m-eu-funding-to-scale-agritech-in-underserved-northern-regions/) - Founded in 2017 by Ghanaian entrepreneur Desmond Koney, Complete Farmer operates a digital platform that connects smallholder farmers to global buyers and agricultural input vendors. - [Crypto for Groceries? South Africa's Luno Pay Finds Traction Where Others Stalled — '80% of Our Users Returning Weekly'](https://launchbaseafrica.com/2025/06/24/crypto-for-groceries-south-africas-luno-pay-finds-traction-where-others-stalled-80-of-our-users-are-returning-weekly/) - What once seemed like a utopian pitch — that cryptocurrencies could serve as everyday money — is edging closer to real-world use. - [Nigeria’s PaidHR Raises $1.8M to Modernize Payroll and People Management Across Africa](https://launchbaseafrica.com/2025/06/24/nigerias-paidhr-raises-1-8m-to-modernize-payroll-and-people-management-across-africa/) - The new funding builds on a $500,000 pre-seed round closed in late 2022. - [As Rivals Collapse, Nigeria’s Chowdeck Bets on Owning the Restaurant with Mira Acquisition](https://launchbaseafrica.com/2025/06/23/as-rivals-collapse-nigerias-chowdeck-bets-on-owning-the-restaurant-with-mira-acquisition/) - The timing of Chowdeck’s vertical expansion is notable. - [Nigeria’s Ventures Platform Taps Zipline and TapTap Send Exec to Scout Francophone Africa Deals](https://launchbaseafrica.com/2025/06/23/nigerias-ventures-platform-taps-zipline-and-taptap-send-exec-to-scout-francophone-africa-deals/) - The announcement is part of a broader strategy by Ventures Platform to bridge Africa’s intra-continental funding disparities. - [Egypt’s valU IPO Is a Masterclass in How to Build Fintech From Inside a Corporation](https://launchbaseafrica.com/2025/06/23/egypts-valu-ipo-is-a-masterclass-in-how-to-build-fintech-from-inside-a-corporation/) - Why it worked when others didn't. - [Former Swvl CFO Sells Angel Syndicate Qora71 Just Five Months After Launch](https://launchbaseafrica.com/2025/06/23/former-swvl-cfo-sells-angel-syndicate-qora71-just-five-months-after-launch/) - The acquisition of Qora71 is part of a wider trend in the Middle East’s startup capital markets: the layering of digitally enabled, community-driven funding models onto regulated investment platforms. - [Amazon Takes 3.95% Stake as Egyptian Fintech ValU Begins Trading on EGX](https://launchbaseafrica.com/2025/06/23/amazon-takes-3-95-stake-as-egyptian-fintech-valu-begins-trading-on-egx/) - The deal reflects Amazon’s execution of a right first agreed in May 2022, when the U.S. tech giant secured an option to buy $10 million worth of global depositary receipts convertible into equity in ValU — contingent on a qualified offering event, such as today’s listing. - [Kenyan Cookstove Startup Burn Manufacturing Gets $80M to Scale Across Zambia, DRC and Mozambique](https://launchbaseafrica.com/2025/06/23/kenyan-cookstove-startup-burn-manufacturing-gets-80m-to-scale-across-zambia-drc-and-mozambique/) - “This ‘first-of-its-kind’ investment will allow us to provide significant subsidies to customers in exchange for the future value of carbon credits." - [A Cap on Power: Nigeria Draws the Line on Founders Clinging to the CEO Seat](https://launchbaseafrica.com/2025/06/20/a-cap-on-power-nigeria-draws-the-line-on-founders-clinging-to-the-ceo-seat/) - The implications are clear. Founders can no longer assume indefinite stewardship of the entities they birthed. - [African Crypto Firm Yellow Card Turns to Visa After Regulatory Bust-Up in Ghana](https://launchbaseafrica.com/2025/06/19/african-crypto-firm-yellow-card-turns-to-visa-after-regulatory-bust-up-in-ghana/) - The move, which sees Yellow Card and Visa collaborating on stablecoin use cases in Africa and other emerging markets, is billed as a step forward for financial inclusion. - [Djamo’s Fintech Crown Under Threat as Axian and Wave Target Its Prepaid Fortress](https://launchbaseafrica.com/2025/06/20/djamos-fintech-crown-under-threat-as-axian-and-wave-target-its-prepaid-fortress/) - For consumers, the choices are suddenly rich. - [The €20 Billion Leaky Bucket: Why Africa’s Climate Tech Isn’t Getting Funded](https://launchbaseafrica.com/2025/06/20/the-e20-billion-leaky-bucket-why-africas-climate-tech-isnt-getting-funded/) - A Nigerian minigrid operator pays $250,000 more annually in interest than a structurally identical project in India. - [African Startup Deal Tracker — Newest Deals](https://launchbaseafrica.com/2025/06/20/african-startup-deal-tracker-newest-deals-9/) - Here’s a closer look at the notable under-the-radar investment activity we’re tracking this week. - [Nigerian B2B E-Commerce Startup Sabi Cuts 20% of Workforce in Major Restructuring Push](https://launchbaseafrica.com/2025/06/19/nigerian-b2b-e-commerce-startup-sabi-cuts-20-of-workforce-in-major-restructuring-push/) - In an official statement, Sabi framed the layoffs as a difficult but necessary step to align with its long-term strategy. - [Why South African Businesses Are Prime Cyberattack Targets](https://launchbaseafrica.com/2025/06/19/from-saa-to-nhls-why-south-african-businesses-are-prime-cyberattack-targets/) - “South Africa is the most targeted country in Africa when it comes to infostealer and ransomware attacks." - [Kenya’s Peach Cars Raises $11M to Build Africa’s Most Trusted Used Car Marketplace](https://launchbaseafrica.com/2025/06/19/kenyas-peach-cars-raises-11m-to-build-africas-most-trusted-used-car-marketplace/) - Founded in 2020 by Kaoru Kaganoi and co-founder Zachary Petroni (former Safeboda Kenya operators), Peach emerged from years of lived experience in sub-Saharan Africa. - [From 15k to 700k: Cameroon’s FindMe Rides New Bank Deal to Scale Digital Addressing](https://launchbaseafrica.com/2025/06/19/from-15k-to-700k-cameroons-findme-rides-new-bank-deal-to-scale-digital-addressing/) - Despite the proliferation of fintech, e-commerce, and logistics platforms across Africa, a lack of formal addresses remains a blind spot in infrastructure. - [Egypt’s Fintech Firms Given 12 Months to Get Licensed or Shut Down](https://launchbaseafrica.com/2025/06/19/egypts-fintech-firms-given-12-months-to-get-licensed-or-shut-down/) - Importantly, the new rules also apply to foreign firms offering payment services to customers inside Egypt. - [Will Egypt’s New Insurance Rules Spark an Insurtech Revolution?](https://launchbaseafrica.com/2025/06/19/will-egypts-new-insurance-rules-spark-an-insurtech-revolution/) - Foreign founders? Welcome — but only with written permission from their home-country regulators. - [Prolific African Startup Backer Returns with New Fund for Climate Resilience Tech](https://launchbaseafrica.com/2025/06/19/prolific-african-startup-backer-returns-with-new-fund-for-climate-resilience-tech/) - The fund will also support ecosystem development, from policy engagement and evidence generation to cross-sector convening, in order to accelerate market adoption. - [Cape Town AI Energy Startup Open Access Energy Raises $1.8M to Boost Electricity Trading Infrastructure](https://launchbaseafrica.com/2025/06/18/cape-town-ai-energy-startup-open-access-energy-raises-1-8m-to-boost-electricity-trading-infrastructure/) - The startup says the funding will accelerate product development and customer acquisition as it prepares to meet growing demand for flexible, decentralised energy infrastructure. - [Egypt’s Elsewedy Capital Takes Unlikely Leap Into Startup Investing](https://launchbaseafrica.com/2025/06/18/egypts-elsewedy-capital-takes-unlikely-leap-into-startup-investing/) - Elsewedy Capital’s venture turn follows a broader trend of Egyptian corporates entering the startup funding space. - [Rooftop Solar Startup Wetility Secures $27.7m to Reach 1m South African Homes](https://launchbaseafrica.com/2025/06/18/rooftop-solar-startup-wetility-secures-27-7m-to-reach-1m-south-african-homes/) - The transaction represents one of the largest private solar financing rounds aimed at the consumer energy segment in South Africa to date.. - [Investor Bias for Bigger Markets Is Forcing African Startups to Relocate — IFC](https://launchbaseafrica.com/2025/06/18/investor-bias-for-bigger-markets-is-forcing-startups-to-relocate-ifc/) - Why startups are leaving home to chase capital — and what it means for emerging market innovation. - [French Court Orders Compulsory Liquidation of Ivorian-Founded Fintech Bizao](https://launchbaseafrica.com/2025/06/18/french-court-orders-compulsory-liquidation-of-ivorian-founded-fintech-bizao/) - Paris ruling casts doubt over future of one of Francophone Africa's most prominent B2B fintechs. - [US Data Firm Acquires Safiyo to Expand in African Consumer Insights Market](https://launchbaseafrica.com/2025/06/18/us-data-firm-acquires-safiyo-to-expand-in-african-consumer-insights-market/) - While financial details of the acquisition were not disclosed, the integration will see Safiyo operate as part of ACKWEST’s global insight engine. - [Kuwait-backed Ekuity Capital Makes VC Move, Backing Tunisia’s €15m New Era Fund](https://launchbaseafrica.com/2025/06/17/kuwait-backed-ekuity-capital-makes-vc-move-backing-tunisias-e15m-new-era-fund/) - The Tunisian startup scene has been gaining traction in recent years, buoyed by government initiatives such as the Startup Act - [Ethiopia’s Beemi Raises $1m to Kill Passive Livestreaming in Africa](https://launchbaseafrica.com/2025/06/17/ethiopias-beemi-raises-1m-to-kill-passive-livestreaming-in-africa/) - Founded by Dawit Abraham and Samuel Sisay — the creators behind Qene Games — Beemi bills itself as Ethiopia’s first gamified livestreaming platform. - [Egypt’s Octane Raises $5.2M to Plug the ‘Billions Leaking’ from Middle Eastern Fleet Fraud](https://launchbaseafrica.com/2025/06/17/egypts-octane-raises-5-2m-to-plug-the-billions-leaking-from-middle-eastern-fleet-fraud/) - The Cairo-based fintech plans to deepen its technology stack, expand regionally, and build out fuel and maintenance infrastructure for commercial fleets. - [Lessons from a Meltdown: How Swvl Is Reinventing Its Expansion Playbook](https://launchbaseafrica.com/2025/06/16/lessons-from-a-meltdown-how-swvl-is-reinventing-its-expansion-playbook/) - After a brutal reset, the Egyptian mobility startup is cautiously rebuilding with a focus on profitability. - [Fintech Unicorn Wave Has Landed in Central Africa — But So Has a Regulatory Storm](https://launchbaseafrica.com/2025/06/16/fintech-unicorn-wave-has-landed-in-central-africa-but-so-has-a-regulatory-storm/) - But just as Wave was preparing to gain momentum, it now faces a larger regulatory obstacle. - [Egypt’s DisrupTech Ventures Backs Nigeria’s Winich Farms in Rare Investment Move](https://launchbaseafrica.com/2025/06/16/egypts-disruptech-ventures-backs-nigerias-winich-farms-in-rare-investment-move/) - Winich Farms was founded in 2020 by brothers Riches and Winner Attai, alongside Chichebem Jibunoh. - [The Hidden Forces Behind Africa’s Startup-led Acquisition Wave](https://launchbaseafrica.com/2025/06/16/the-hidden-forces-behind-africas-startup-led-acquisition-wave/) - From fintech to healthtech, energy to logistics, a calculated acquisition trend is sweeping through Africa’s tech landscape. - [Backed by $6.75m, Egypt’s Taager Picks GOAcommerce Founder to Spearhead Morocco Launch](https://launchbaseafrica.com/2025/06/16/backed-by-6-75m-egypts-taager-picks-goacommerce-founder-to-spearhead-morocco-launch/) - Taager, the Cairo-based social e-commerce platform, has named Moroccan startup founder Salma Ammor as Country Manager for its new Morocco office. - [IFC Puts $120m Into Zafiri, a Clean Energy Fund Aiming to Reach 30m Africans](https://launchbaseafrica.com/2025/06/13/ifc-puts-120m-into-zafiri-a-clean-energy-fund-aiming-to-reach-30m-africans/) - Zafiri will serve as a blended finance vehicle — meaning it uses a mix of concessional (low-cost) and commercial capital — to help de-risk investments in companies delivering DRE solutions. - [From Dakar to Marseille: Southern France Woos African Startup Founders](https://launchbaseafrica.com/2025/06/13/from-dakar-to-marseille-southern-france-woos-african-startup-founders/) - For founders considering a European expansion strategy, southern France — often overlooked in favor of Paris or Berlin — may now be worth a serious look. - [MTN’s Fintech Spinoff Could Be the Biggest Shake-Up in African Finance Yet](https://launchbaseafrica.com/2025/06/13/mtns-fintech-spinoff-could-be-the-biggest-shake-up-in-african-finance-yet/) - With millions of users, billions in transactions, and deepening investor interest, MTN’s fintech arm is no longer a sideshow. - [The South African Powering Chime’s $18.4 Billion Nasdaq Debut](https://launchbaseafrica.com/2025/06/13/the-south-african-powering-chimes-18-4-billion-nasdaq-debut/) - Serving as Chime’s Chief Operating Officer since 2019, he played a crucial role in guiding the company through pandemic-era volatility - [Tesla Opens Casablanca Office With Plans to Sell Cars, Solar — and Electricity](https://launchbaseafrica.com/2025/06/13/tesla-opens-casablanca-office-with-plans-to-sell-cars-solar-and-electricity/) - Tesla’s Moroccan debut comes amid a shifting landscape. - [Ethiopia Is Finally Opening Up — But Only If You’re ‘Trustworthy’](https://launchbaseafrica.com/2025/06/13/ethiopia-is-finally-opening-up-but-only-if-youre-trustworthy/) - Officials at the Ethiopian Investment Commission (EIC) frame the pivot as a move from quantity to quality. - [Malls as Modern Marketplaces: Reinventing Relevance in the Digital Age](https://launchbaseafrica.com/2025/06/12/malls-as-modern-marketplaces-reinventing-relevance-in-the-digital-age/) - By Kelly Belman, General Manager, Clearwater Mall, Roodepoort, South Africa. - [Africa’s Biggest Battery-Backed Solar Project Is Coming to Southern Egypt — Backed by $184M in Funding](https://launchbaseafrica.com/2025/06/12/africas-biggest-battery-backed-solar-project-is-coming-to-southern-egypt-backed-by-184m-in-funding/) - Located in Qena Governorate in southern Egypt, the $590 million project has been granted a Golden License. - [10,000 Interns and Counting: The Massive Tech Skills Offensive Led by Egypt's ITIDA](https://launchbaseafrica.com/2025/06/12/10000-interns-and-counting-inside-egypts-massive-tech-skills-offensive-led-by-itida/) - The payoff is starting to show. In the fiscal year 2022–2023, Egypt’s IT-enabled services sector grew by 54.2%, reaching $3.7 billion in exports. - [Lagos Leads Africa in Startup Unicorns — but Its Developers Are Among the World’s Lowest Paid](https://launchbaseafrica.com/2025/06/12/lagos-leads-africa-in-startup-unicorns-but-its-developers-are-among-the-worlds-lowest-paid/) - Software developers in Lagos earn barely more than 4.8% of what their peers in Silicon Valley receive. - [Itana: The Lagos Tech Zone That Wants to Be Africa’s Answer to Delaware](https://launchbaseafrica.com/2025/06/12/itana-the-lagos-tech-zone-that-wants-to-be-africas-answer-to-delaware/) - Africa’s population is expected to double by 2050. The global demand for digital services is exploding. And many countries are still unsure how to compete. - [Inside South Africa’s Kasi Economy: When Fintech Doesn’t Fit the Streets](https://launchbaseafrica.com/2025/06/12/inside-south-africas-kasi-economy-when-fintech-doesnt-fit-the-streets/) - “The majority of informal merchants are banked, personally or otherwise, but often prefer to transact in cash. Why?" - [Bank of Ghana, Yellow Card, and Stablecoins: The Unfinished Regulatory Tension](https://launchbaseafrica.com/2025/06/11/bank-of-ghana-yellow-card-and-stablecoins-the-unfinished-regulatory-tension/) - On June 10, 2025, the Bank of Ghana (BoG) issued a stern notice: “Caution on Unlicensed Digital Platforms.” It called out YellowPay — a stablecoin-powered payment offering promoted by Yellow Card Financial Inc. - [Inside the Most Powerful VC Syndicates Fueling African Tech in 2025](https://launchbaseafrica.com/2025/06/11/inside-the-most-powerful-vc-syndicates-fueling-african-tech-in-2025/) - For founders, this means understanding not just which fund to pitch, but which pairings are likely to invest together. - [9 in 10 African Companies Lack AI Skills. SA’s WeThinkCode Just Got $2M From Google to Fix It](https://launchbaseafrica.com/2025/06/11/9-in-10-african-companies-lack-ai-skills-sas-wethinkcode-just-got-2m-from-google-to-fix-it/) - WeThinkCode, founded in Johannesburg in 2015, runs tuition-free, aptitude-based coding programmes designed to make digital careers accessible to underrepresented communities. - [Ghana’s Leading Early-Stage VC GOODsoil Winds Down After Deploying $67.5m Fund](https://launchbaseafrica.com/2025/06/11/ghanas-leading-early-stage-vc-goodsoil-winds-down-after-deploying-67-5m-fund/) - The VC backed a number of startups that have become prominent players, including Zeepay, a cross-border payments company; BezoMoney, a digital bank targeting the unbanked, among others. - [After Lagos Launch, Antler Turns Its Attention to East Africa](https://launchbaseafrica.com/2025/06/11/after-lagos-launch-antler-turns-its-attention-to-east-africa/) - Antler’s Nairobi operations, which launched in 2019, have already made significant strides in the region. - [French Investor Club Super Capital Eyes Africa and Middle East Expansion with New €250k Tickets](https://launchbaseafrica.com/2025/06/10/french-investor-club-super-capital-eyes-africa-and-middle-east-expansion-with-new-e250k-tickets/) - The new initiative, called the MEA Club, will deploy between €100k and €250k per startup, with a target of investing in ten companies per year. - [Bolt’s South African Partner MyNextCar Secures $10M to Expand Low-Cost Fleet](https://launchbaseafrica.com/2025/06/10/bolts-south-african-partner-mynextcar-secures-10m-to-expand-low-cost-fleet/) - This expansion is poised to substantially increase the number of drivers able to earn an income through Bolt - [While Its Non-African Investments Return 1.3x, Silverbacks' Nigeria Exits Deliver 10.7x — Inside the VC’s Latest Move](https://launchbaseafrica.com/2025/06/10/while-its-non-african-investments-return-1-3x-silverbacks-nigeria-exits-deliver-10-7x-inside-the-vcs-latest-move/) - These consistent, strong exits with attractive IRRs demonstrate that investing in Africa is not only viable but also a smart move for generating superior returns. - [A Quiet Exit: Nigeria's Migo Acquired by Long-Time Investor](https://launchbaseafrica.com/2025/06/10/a-quiet-exit-nigerias-migo-acquired-by-long-time-investor/) - The company had previously raised a $20 million Series B round in 2019 to fuel its expansion in Nigeria and Brazil. - [Salus Cloud Raises $3.7M to Tackle African DevOps ‘Blind Spot’](https://launchbaseafrica.com/2025/06/10/salus-cloud-raises-3-7m-to-tackle-african-devops-blind-spot/) - “Startups shouldn’t be burning capital building infrastructure that’s not core to their mission.” - [South Africa’s Nile Raises $11.3m to Expand Agri-Tech Marketplace Across Southern Africa](https://launchbaseafrica.com/2025/06/10/south-africas-nile-raises-11-3m-to-expand-agri-tech-marketplace-across-southern-africa/) - The funding round was led by the Cathay AfricInvest Innovation Fund, with participation from FMO, the Dutch entrepreneurial development bank. - [From Pitch Decks to Court Dates: What is the Fatal Flaw in the Silicon Savannah?](https://launchbaseafrica.com/2025/06/10/from-pitch-decks-to-court-dates-what-is-the-fatal-flaw-in-the-silicon-savannah/) - The insolvency registers keep growing. ## Pages - [Home](https://launchbaseafrica.com/) - Tech Startups in Africa - [Checkout - Today News PRO](https://launchbaseafrica.com/checkout-today-news-pro/) - HomeSample Page Sample Page Title You have not selected a valid subscription plan. - [Select Plan - Today News PRO](https://launchbaseafrica.com/select-plan-today-news-pro/) - Select a plan Choose a plan from below, subscribe, and get access to our exclusive articles! 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July 22, 2026 edit Ecosystem ## Categories - [Updates](https://launchbaseafrica.com/category/updates/) - Your blog category - [Research & Reports](https://launchbaseafrica.com/category/research-reports/) - Featured posts - [Partner Content](https://launchbaseafrica.com/category/partner-content/) - [Governance, Policy & Regulations Forum](https://launchbaseafrica.com/category/governance-policy-regulations-forum/) - [Ecosystem News](https://launchbaseafrica.com/category/ecosystem-news/) - [Analysis & Opinions](https://launchbaseafrica.com/category/analysis-opinions/) - [Hard Talks](https://launchbaseafrica.com/category/hard-talks/) - [WESTERN AFRICA](https://launchbaseafrica.com/category/ecosystem-news/western-africa/) - [NORTHERN AFRICA](https://launchbaseafrica.com/category/ecosystem-news/northern-africa/) - [SOUTHERN AFRICA](https://launchbaseafrica.com/category/ecosystem-news/southern-africa/) - [EASTERN AFRICA](https://launchbaseafrica.com/category/ecosystem-news/eastern-africa/) - [CENTRAL AFRICA](https://launchbaseafrica.com/category/ecosystem-news/central-africa/) - [Latest Funding](https://launchbaseafrica.com/category/ecosystem-news/latest-funding/) - [Venture Capital & Funding Sources](https://launchbaseafrica.com/category/ecosystem-news/venture-capital-funding-sources/) - [Corporate Governance Forum](https://launchbaseafrica.com/category/governance-policy-regulations-forum/corporate-governance-forum/) - [Policy & Regulations Forum](https://launchbaseafrica.com/category/governance-policy-regulations-forum/policy-regulations-forum/) - [Deals](https://launchbaseafrica.com/category/updates/deals/) - [People & Places](https://launchbaseafrica.com/category/partner-content/people-places/) ## Tags - [Zuri](https://launchbaseafrica.com/tag/zuri/) - [Launch Africa Ventures](https://launchbaseafrica.com/tag/launch-africa-ventures/) - [MoneyHash](https://launchbaseafrica.com/tag/moneyhash/) - [Egyptian Fintech](https://launchbaseafrica.com/tag/egyptian-fintech/) - [COTU Ventures](https://launchbaseafrica.com/tag/cotu-ventures/) - [North African Startups](https://launchbaseafrica.com/tag/north-african-startups/) - [Sawari Ventures](https://launchbaseafrica.com/tag/sawari-ventures/) - [Egyptian Startups](https://launchbaseafrica.com/tag/egyptian-startups/) - [Tim Draper](https://launchbaseafrica.com/tag/tim-draper/) - [BuuPass](https://launchbaseafrica.com/tag/buupass/) - [Online ticketing Africa](https://launchbaseafrica.com/tag/online-ticketing-africa/) - [Canza Finance](https://launchbaseafrica.com/tag/canza-finance/) - [Baki](https://launchbaseafrica.com/tag/baki/) - [Canza Finance Baki](https://launchbaseafrica.com/tag/canza-finance-baki/) - [CUE Ai](https://launchbaseafrica.com/tag/cue-ai/) - [South African Startups](https://launchbaseafrica.com/tag/south-african-startups/) - [BFREE](https://launchbaseafrica.com/tag/bfree/) - [Credit Manager Africa](https://launchbaseafrica.com/tag/credit-manager-africa/) - [Khazna](https://launchbaseafrica.com/tag/khazna/) - [Khwarizmi Ventures](https://launchbaseafrica.com/tag/khwarizmi-ventures/) - [Saudi Arabian FinTech](https://launchbaseafrica.com/tag/saudi-arabian-fintech/) - [UPOWA SOLAR](https://launchbaseafrica.com/tag/upowa-solar/) - [Electricité de France](https://launchbaseafrica.com/tag/electricite-de-france/) - [JUMIA MANGERS](https://launchbaseafrica.com/tag/jumia-mangers/) - [JUMIA NIGERIA CEO](https://launchbaseafrica.com/tag/jumia-nigeria-ceo/) - [African startups in France](https://launchbaseafrica.com/tag/african-startups-in-france/) - [Fawry](https://launchbaseafrica.com/tag/fawry/) - [PayMe](https://launchbaseafrica.com/tag/payme/) - [Acasia Ventures](https://launchbaseafrica.com/tag/acasia-ventures/) - [Tappi](https://launchbaseafrica.com/tag/tappi/) - [Ecommerce Kenya](https://launchbaseafrica.com/tag/ecommerce-kenya/) - [Payspace](https://launchbaseafrica.com/tag/payspace/) - [Deel](https://launchbaseafrica.com/tag/deel/) - [Complete Farmer](https://launchbaseafrica.com/tag/complete-farmer/) - [Crowdfunding](https://launchbaseafrica.com/tag/crowdfunding/) - [Binance in Nigeria](https://launchbaseafrica.com/tag/binance-in-nigeria/) - [Central Bank of Nigeria](https://launchbaseafrica.com/tag/central-bank-of-nigeria/) - [Wahu Mobility](https://launchbaseafrica.com/tag/wahu-mobility/) - [Altree Capital](https://launchbaseafrica.com/tag/altree-capital/) - [Ring Capital](https://launchbaseafrica.com/tag/ring-capital/) - [Ring Africa Fund](https://launchbaseafrica.com/tag/ring-africa-fund/) - [Elisabeth Moreno](https://launchbaseafrica.com/tag/elisabeth-moreno/) - [Conducive Capital](https://launchbaseafrica.com/tag/conducive-capital/) - [Clive Butkow](https://launchbaseafrica.com/tag/clive-butkow/) - [Mitchan Adams](https://launchbaseafrica.com/tag/mitchan-adams/) - [Kalon Venture Partners](https://launchbaseafrica.com/tag/kalon-venture-partners/) - [Mubadala](https://launchbaseafrica.com/tag/mubadala/) - [Bpifrance](https://launchbaseafrica.com/tag/bpifrance/) - [Partech Africa](https://launchbaseafrica.com/tag/partech-africa/) - [MDaaS Global](https://launchbaseafrica.com/tag/mdaas-global/) - [Aruwa Capital](https://launchbaseafrica.com/tag/aruwa-capital/) - [Newton Partners](https://launchbaseafrica.com/tag/newton-partners/) - [Tookeez](https://launchbaseafrica.com/tag/tookeez/) - [Azur Innovation Fund](https://launchbaseafrica.com/tag/azur-innovation-fund/) - [Youverify](https://launchbaseafrica.com/tag/youverify/) - [Ora Technologies](https://launchbaseafrica.com/tag/ora-technologies/) - [Morocco](https://launchbaseafrica.com/tag/morocco/) - [RecoMed](https://launchbaseafrica.com/tag/recomed/) - [Mpower Ventures](https://launchbaseafrica.com/tag/mpower-ventures/) - [TDB Group](https://launchbaseafrica.com/tag/tdb-group/) - [Simera Sense](https://launchbaseafrica.com/tag/simera-sense/) - [Warc Africa](https://launchbaseafrica.com/tag/warc-africa/) - [BimaLab](https://launchbaseafrica.com/tag/bimalab/) - [dkilo](https://launchbaseafrica.com/tag/dkilo/) - [XSML Capital](https://launchbaseafrica.com/tag/xsml-capital/) - [Crypto South Africa](https://launchbaseafrica.com/tag/crypto-south-africa/) - [Renew Venture Lab 2](https://launchbaseafrica.com/tag/renew-venture-lab-2/) - [Winich Farm](https://launchbaseafrica.com/tag/winich-farm/) - [Agritech Africa](https://launchbaseafrica.com/tag/agritech-africa/) - [Zone Fintech](https://launchbaseafrica.com/tag/zone-fintech/) - [TLCom Capital](https://launchbaseafrica.com/tag/tlcom-capital/) - [Crypto regulations Nigeria](https://launchbaseafrica.com/tag/crypto-regulations-nigeria/) - [Securities and Exchange Commission Nigeria](https://launchbaseafrica.com/tag/securities-and-exchange-commission-nigeria/) - [30Med](https://launchbaseafrica.com/tag/30med/) - [Moove](https://launchbaseafrica.com/tag/moove/) - [Uber](https://launchbaseafrica.com/tag/uber/) - [mTek](https://launchbaseafrica.com/tag/mtek/) - [Verod-Kepple Africa Ventures (VKAV)](https://launchbaseafrica.com/tag/verod-kepple-africa-ventures-vkav/) - [Founders Factory Africa](https://launchbaseafrica.com/tag/founders-factory-africa/) - [Exchange Code Tunisia](https://launchbaseafrica.com/tag/exchange-code-tunisia/) - [Dodai Electric](https://launchbaseafrica.com/tag/dodai-electric/) - [Electric Mobility Ethiopia](https://launchbaseafrica.com/tag/electric-mobility-ethiopia/) - [Fintech Startups Nigeria](https://launchbaseafrica.com/tag/fintech-startups-nigeria/) - [Ex CBN in Nigeria](https://launchbaseafrica.com/tag/ex-cbn-in-nigeria/) - [Float SA](https://launchbaseafrica.com/tag/float-sa/) - [Standard Bank SA](https://launchbaseafrica.com/tag/standard-bank-sa/) - [nCino](https://launchbaseafrica.com/tag/ncino/) - [DocFox](https://launchbaseafrica.com/tag/docfox/) - [P1 Ventures Africa](https://launchbaseafrica.com/tag/p1-ventures-africa/) - [Pharmacy Marts](https://launchbaseafrica.com/tag/pharmacy-marts/) - [ClusterLab](https://launchbaseafrica.com/tag/clusterlab/) - [Artificial Intelligence Africa](https://launchbaseafrica.com/tag/artificial-intelligence-africa/) - [Discovery Bank](https://launchbaseafrica.com/tag/discovery-bank/) - [Digital Bank Africa](https://launchbaseafrica.com/tag/digital-bank-africa/) - [Banks South Africa Startups](https://launchbaseafrica.com/tag/banks-south-africa-startups/) - [Earthbond Catalyst Fund](https://launchbaseafrica.com/tag/earthbond-catalyst-fund/) - [MTN](https://launchbaseafrica.com/tag/mtn/) - [MEST AFRICA](https://launchbaseafrica.com/tag/mest-africa-2/) - [KOA ACADEMY](https://launchbaseafrica.com/tag/koa-academy/) - [Smart Capital Tunisia](https://launchbaseafrica.com/tag/smart-capital-tunisia/) - [Janngo Capital](https://launchbaseafrica.com/tag/janngo-capital/) - [Anava Fund](https://launchbaseafrica.com/tag/anava-fund/) - [Afrikrea.com](https://launchbaseafrica.com/tag/afrikrea-com/) - [Anka Marketplace](https://launchbaseafrica.com/tag/anka-marketplace/) - [BasiGo](https://launchbaseafrica.com/tag/basigo/) - [CFAO Group](https://launchbaseafrica.com/tag/cfao-group/) - [Right Now Response](https://launchbaseafrica.com/tag/right-now-response/) - [RNR](https://launchbaseafrica.com/tag/rnr/) - [HAVAÍC](https://launchbaseafrica.com/tag/havaic/) - [Sprints AI](https://launchbaseafrica.com/tag/sprints-ai/) - [Disruptech Ventures](https://launchbaseafrica.com/tag/disruptech-ventures/) - [4DX Ventures](https://launchbaseafrica.com/tag/4dx-ventures/) - [IFC](https://launchbaseafrica.com/tag/ifc/) - [Logidoo Tunisia](https://launchbaseafrica.com/tag/logidoo-tunisia/) - [Norrsken Accelerator](https://launchbaseafrica.com/tag/norrsken-accelerator/) - [AfCFTA](https://launchbaseafrica.com/tag/afcfta/) - [North Africa](https://launchbaseafrica.com/tag/north-africa/) - [Satgana](https://launchbaseafrica.com/tag/satgana/) - [Climate-Tech](https://launchbaseafrica.com/tag/climate-tech/) - [African ClimateTech](https://launchbaseafrica.com/tag/african-climatetech/) - [Thepeer](https://launchbaseafrica.com/tag/thepeer/) - [Zeepay](https://launchbaseafrica.com/tag/zeepay/) - [Verdant Capital Hybrid Fund](https://launchbaseafrica.com/tag/verdant-capital-hybrid-fund/) - [Nigerian founders](https://launchbaseafrica.com/tag/nigerian-founders/) - [Nigerian investors](https://launchbaseafrica.com/tag/nigerian-investors/) - [Digital Nomad Visa South Africa](https://launchbaseafrica.com/tag/digital-nomad-visa-south-africa/) - [BankMed](https://launchbaseafrica.com/tag/bankmed/) - [UM6P Ventures](https://launchbaseafrica.com/tag/um6p-ventures/) - [SWVL](https://launchbaseafrica.com/tag/swvl/) - [Nasdaq](https://launchbaseafrica.com/tag/nasdaq/) - [Toyota Tsusho](https://launchbaseafrica.com/tag/toyota-tsusho/) - [AEOLUS SAS](https://launchbaseafrica.com/tag/aeolus-sas/) - [CFAO SAS](https://launchbaseafrica.com/tag/cfao-sas/) - [Eurus Energy](https://launchbaseafrica.com/tag/eurus-energy/) - [Lemfi License Kenya](https://launchbaseafrica.com/tag/lemfi-license-kenya/) - [Pezesha](https://launchbaseafrica.com/tag/pezesha/) - [Marketforce](https://launchbaseafrica.com/tag/marketforce/) - [Burn Carbon Finance](https://launchbaseafrica.com/tag/burn-carbon-finance/) - [Minimum Wage Egypt](https://launchbaseafrica.com/tag/minimum-wage-egypt/) - [W23 Global](https://launchbaseafrica.com/tag/w23-global/) - [Shoprite Group](https://launchbaseafrica.com/tag/shoprite-group/) - [Aella Microfinance Bank](https://launchbaseafrica.com/tag/aella-microfinance-bank/) - [Aella Credit](https://launchbaseafrica.com/tag/aella-credit/) - [Mitsui O.S.K. Lines](https://launchbaseafrica.com/tag/mitsui-o-s-k-lines/) - [MOL Group](https://launchbaseafrica.com/tag/mol-group/) - [Novastar Ventures](https://launchbaseafrica.com/tag/novastar-ventures/) - [Fintech Ghana](https://launchbaseafrica.com/tag/fintech-ghana/) - [Affinity Africa](https://launchbaseafrica.com/tag/affinity-africa/) - [Renew Capital](https://launchbaseafrica.com/tag/renew-capital/) - [Verod-Kepple Africa Ventures](https://launchbaseafrica.com/tag/verod-kepple-africa-ventures/) - [Dawa Mkononi.](https://launchbaseafrica.com/tag/dawa-mkononi/) - [SEAF](https://launchbaseafrica.com/tag/seaf/) - [Daraja Impact initiative](https://launchbaseafrica.com/tag/daraja-impact-initiative/) - [Baobab Network](https://launchbaseafrica.com/tag/baobab-network/) - [Reflector Marketing](https://launchbaseafrica.com/tag/reflector-marketing/) - [Rivia](https://launchbaseafrica.com/tag/rivia/) - [Waffle](https://launchbaseafrica.com/tag/waffle/) - [Bosso Africa](https://launchbaseafrica.com/tag/bosso-africa/) - [Commercial Paper](https://launchbaseafrica.com/tag/commercial-paper/) - [Bonds](https://launchbaseafrica.com/tag/bonds/) - [African Startup Funding](https://launchbaseafrica.com/tag/african-startup-funding/) - [African Founders](https://launchbaseafrica.com/tag/african-founders/) - [African VCs](https://launchbaseafrica.com/tag/african-vcs/) - [African Investors](https://launchbaseafrica.com/tag/african-investors/) - [WeBuyCars](https://launchbaseafrica.com/tag/webuycars/) - [Transaction Capital](https://launchbaseafrica.com/tag/transaction-capital/) - [VC Funds Africa](https://launchbaseafrica.com/tag/vc-funds-africa/) - [DFS Lab Stellar](https://launchbaseafrica.com/tag/dfs-lab-stellar/) - [Breadfast](https://launchbaseafrica.com/tag/breadfast/) - [Pula Insurance](https://launchbaseafrica.com/tag/pula-insurance/) - [Startup Label Tunisia](https://launchbaseafrica.com/tag/startup-label-tunisia/) - [Starlink Cameroon](https://launchbaseafrica.com/tag/starlink-cameroon/) - [Foreign Investors in Ethiopia](https://launchbaseafrica.com/tag/foreign-investors-in-ethiopia/) - [Startup Fund Morocco](https://launchbaseafrica.com/tag/startup-fund-morocco/) - [Agritech Fund Africa](https://launchbaseafrica.com/tag/agritech-fund-africa/) - [Startup Côte d'Ivoire](https://launchbaseafrica.com/tag/startup-cote-divoire/) - [RejaReja](https://launchbaseafrica.com/tag/rejareja/) - [Beltone Capital](https://launchbaseafrica.com/tag/beltone-capital/) - [CI Venture](https://launchbaseafrica.com/tag/ci-venture/) - [Spatialedge](https://launchbaseafrica.com/tag/spatialedge/) - [Wakanow Cameroon](https://launchbaseafrica.com/tag/wakanow-cameroon/) - [TLG Capital](https://launchbaseafrica.com/tag/tlg-capital/) - [Banxso South Africa](https://launchbaseafrica.com/tag/banxso-south-africa/) - [Mazao Hub](https://launchbaseafrica.com/tag/mazao-hub/) - [Clinic Home](https://launchbaseafrica.com/tag/clinic-home/) - [Fuzé](https://launchbaseafrica.com/tag/fuze/) - [WeCare Diamonds](https://launchbaseafrica.com/tag/wecare-diamonds/) - [EV Kenya](https://launchbaseafrica.com/tag/ev-kenya/) - [Kenya Power](https://launchbaseafrica.com/tag/kenya-power/) - [Bluworks](https://launchbaseafrica.com/tag/bluworks/) - [Egypt](https://launchbaseafrica.com/tag/egypt/) - [Bokra](https://launchbaseafrica.com/tag/bokra/) - [SS Capital](https://launchbaseafrica.com/tag/ss-capital/) - [FSCA South Africa](https://launchbaseafrica.com/tag/fsca-south-africa/) - [Waffarha](https://launchbaseafrica.com/tag/waffarha/) - [Saudi Venture Studio (VMS)](https://launchbaseafrica.com/tag/saudi-venture-studio-vms/) - [MONSAPO](https://launchbaseafrica.com/tag/monsapo/) - [HyperionDev](https://launchbaseafrica.com/tag/hyperiondev/) - [Farm to Feed](https://launchbaseafrica.com/tag/farm-to-feed/) - [Reboost](https://launchbaseafrica.com/tag/reboost/) - [Noncompete Agreements](https://launchbaseafrica.com/tag/noncompete-agreements/) - [FTC Rule](https://launchbaseafrica.com/tag/ftc-rule/) - [Madica](https://launchbaseafrica.com/tag/madica/) - [Flourish Ventures](https://launchbaseafrica.com/tag/flourish-ventures/) - [Notchnco](https://launchbaseafrica.com/tag/notchnco/) - [Linea Capita;](https://launchbaseafrica.com/tag/linea-capita/) - [Revenue Financing](https://launchbaseafrica.com/tag/revenue-financing/) - [FSDAi Nyala Facility BV](https://launchbaseafrica.com/tag/fsdai-nyala-facility-bv/) - [Fast Credit](https://launchbaseafrica.com/tag/fast-credit/) - [FairMoney](https://launchbaseafrica.com/tag/fairmoney/) - [Cameroon Starlink](https://launchbaseafrica.com/tag/cameroon-starlink/) - [Ignite Splar](https://launchbaseafrica.com/tag/ignite-splar/) - [Oolu](https://launchbaseafrica.com/tag/oolu/) - [Digital Banks South Africa](https://launchbaseafrica.com/tag/digital-banks-south-africa/) - [Deposit Insurance South Africa](https://launchbaseafrica.com/tag/deposit-insurance-south-africa/) - [Glovo](https://launchbaseafrica.com/tag/glovo/) - [LaCaisse.ma](https://launchbaseafrica.com/tag/lacaisse-ma/) - [CapitalSage](https://launchbaseafrica.com/tag/capitalsage/) - [Jasoor Fund](https://launchbaseafrica.com/tag/jasoor-fund/) - [Oman](https://launchbaseafrica.com/tag/oman/) - [MamaOpe Medicals](https://launchbaseafrica.com/tag/mamaope-medicals/) - [dLocal Nigeria](https://launchbaseafrica.com/tag/dlocal-nigeria/) - [Climate-tech Africa](https://launchbaseafrica.com/tag/climate-tech-africa/) - [Kubik](https://launchbaseafrica.com/tag/kubik/) - [Plastic waste Africa](https://launchbaseafrica.com/tag/plastic-waste-africa/) - [Chowdeck](https://launchbaseafrica.com/tag/chowdeck/) - [Y Combinator](https://launchbaseafrica.com/tag/y-combinator/) - [SWVL Profit](https://launchbaseafrica.com/tag/swvl-profit/) - [Logidoo](https://launchbaseafrica.com/tag/logidoo/) - [RiviaCo](https://launchbaseafrica.com/tag/riviaco/) - [Victor Nara](https://launchbaseafrica.com/tag/victor-nara/) - [Twiga Foods](https://launchbaseafrica.com/tag/twiga-foods/) - [Jumia Kenya](https://launchbaseafrica.com/tag/jumia-kenya/) - [QuickBus](https://launchbaseafrica.com/tag/quickbus/) - [Glovo Ghana](https://launchbaseafrica.com/tag/glovo-ghana/) - [Onebank](https://launchbaseafrica.com/tag/onebank/) - [Digital Bank Egypt](https://launchbaseafrica.com/tag/digital-bank-egypt/) - [Banque Misr](https://launchbaseafrica.com/tag/banque-misr/) - [Central Bank of Egypt](https://launchbaseafrica.com/tag/central-bank-of-egypt/) - [Meditect](https://launchbaseafrica.com/tag/meditect/) - [Renda](https://launchbaseafrica.com/tag/renda/) - [Payvago](https://launchbaseafrica.com/tag/payvago/) - [Zitouna Pay](https://launchbaseafrica.com/tag/zitouna-pay/) - [GIZ](https://launchbaseafrica.com/tag/giz/) - [African Union](https://launchbaseafrica.com/tag/african-union/) - [iProcure](https://launchbaseafrica.com/tag/iprocure/) - [Bolt Nigeria](https://launchbaseafrica.com/tag/bolt-nigeria/) - [VC Ghana](https://launchbaseafrica.com/tag/vc-ghana/) - [Ghana Startups](https://launchbaseafrica.com/tag/ghana-startups/) - [Horn Africa Fund](https://launchbaseafrica.com/tag/horn-africa-fund/) - [African Renaissance Capital](https://launchbaseafrica.com/tag/african-renaissance-capital/) - [Startup Act Mauritania](https://launchbaseafrica.com/tag/startup-act-mauritania/) - [Swypex](https://launchbaseafrica.com/tag/swypex/) - [Seamfix](https://launchbaseafrica.com/tag/seamfix/) - [Digital Identity](https://launchbaseafrica.com/tag/digital-identity/) - [Amazon South Africa](https://launchbaseafrica.com/tag/amazon-south-africa/) - [AfterMarket](https://launchbaseafrica.com/tag/aftermarket/) - [Nigeria Crypto](https://launchbaseafrica.com/tag/nigeria-crypto/) - [Adumo](https://launchbaseafrica.com/tag/adumo/) - [Leseka](https://launchbaseafrica.com/tag/leseka/) - [Definely](https://launchbaseafrica.com/tag/definely/) - [Artificial Intelligence](https://launchbaseafrica.com/tag/artificial-intelligence/) - [WeDev.Africa](https://launchbaseafrica.com/tag/wedev-africa/) - [Ruby Digital](https://launchbaseafrica.com/tag/ruby-digital/) - [Axmed](https://launchbaseafrica.com/tag/axmed/) - [Lesaka](https://launchbaseafrica.com/tag/lesaka/) - [SEC Regulations Nigeria](https://launchbaseafrica.com/tag/sec-regulations-nigeria/) - [Cybersecurity Levy Nigeria](https://launchbaseafrica.com/tag/cybersecurity-levy-nigeria/) - [MainOne West Africa](https://launchbaseafrica.com/tag/mainone-west-africa/) - [Sequence Ventures](https://launchbaseafrica.com/tag/sequence-ventures/) - [Egypt VC](https://launchbaseafrica.com/tag/egypt-vc/) - [Dakar Mobilité](https://launchbaseafrica.com/tag/dakar-mobilite/) - [Wave](https://launchbaseafrica.com/tag/wave/) - [Fewchore Finance](https://launchbaseafrica.com/tag/fewchore-finance/) - [Foodics](https://launchbaseafrica.com/tag/foodics/) - [Foodics Egypt](https://launchbaseafrica.com/tag/foodics-egypt/) - [Fractional Executives Africa](https://launchbaseafrica.com/tag/fractional-executives-africa/) - [Glint Fund II](https://launchbaseafrica.com/tag/glint-fund-ii/) - [Flat6Labs Tunis](https://launchbaseafrica.com/tag/flat6labs-tunis/) - [Capria Ventures](https://launchbaseafrica.com/tag/capria-ventures/) - [Fawry Profitable](https://launchbaseafrica.com/tag/fawry-profitable/) - [Link Development](https://launchbaseafrica.com/tag/link-development/) - [Beyon Solutions](https://launchbaseafrica.com/tag/beyon-solutions/) - [Accion](https://launchbaseafrica.com/tag/accion/) - [Accion Digital Transformation Fund](https://launchbaseafrica.com/tag/accion-digital-transformation-fund/) - [Nigeria Startup House](https://launchbaseafrica.com/tag/nigeria-startup-house/) - [GrindstoneX accelerator](https://launchbaseafrica.com/tag/grindstonex-accelerator/) - [Suppple](https://launchbaseafrica.com/tag/suppple/) - [iFood](https://launchbaseafrica.com/tag/ifood/) - [Climate Funding Kenya](https://launchbaseafrica.com/tag/climate-funding-kenya/) - [Kenya VAT](https://launchbaseafrica.com/tag/kenya-vat/) - [dLocal Egypt](https://launchbaseafrica.com/tag/dlocal-egypt/) - [Spiro EV](https://launchbaseafrica.com/tag/spiro-ev/) - [Openseed African Startups](https://launchbaseafrica.com/tag/openseed-african-startups/) - [Visa Accelerator Program 2024](https://launchbaseafrica.com/tag/visa-accelerator-program-2024/) - [Tymebank AWS](https://launchbaseafrica.com/tag/tymebank-aws/) - [Regulatory Sandbox Kenya](https://launchbaseafrica.com/tag/regulatory-sandbox-kenya/) - [Video Streaming Africa](https://launchbaseafrica.com/tag/video-streaming-africa/) - [Valu Egypt](https://launchbaseafrica.com/tag/valu-egypt/) - [NextProtein](https://launchbaseafrica.com/tag/nextprotein/) - [Birdnest](https://launchbaseafrica.com/tag/birdnest/) - [Busbud](https://launchbaseafrica.com/tag/busbud/) - [Ratality](https://launchbaseafrica.com/tag/ratality/) - [Elevate Fintech](https://launchbaseafrica.com/tag/elevate-fintech/) - [Sudanese Startups](https://launchbaseafrica.com/tag/sudanese-startups/) - [Noki Noki](https://launchbaseafrica.com/tag/noki-noki/) - [Uma Ventures](https://launchbaseafrica.com/tag/uma-ventures/) - [Congolese Delivery Startup](https://launchbaseafrica.com/tag/congolese-delivery-startup/) - [Chomoka App](https://launchbaseafrica.com/tag/chomoka-app/) - [CARE Chomoka app](https://launchbaseafrica.com/tag/care-chomoka-app/) - [Gokada CEO Court Case](https://launchbaseafrica.com/tag/gokada-ceo-court-case/) - [Fahim Saleh](https://launchbaseafrica.com/tag/fahim-saleh/) - [Gokada](https://launchbaseafrica.com/tag/gokada/) - [Carte Bleue Wizall Money](https://launchbaseafrica.com/tag/carte-bleue-wizall-money/) - [WorkPay Kenya](https://launchbaseafrica.com/tag/workpay-kenya/) - [Workpay HR Payroll](https://launchbaseafrica.com/tag/workpay-hr-payroll/) - [African Startup founders](https://launchbaseafrica.com/tag/african-startup-founders/) - [African Startup Shutdown](https://launchbaseafrica.com/tag/african-startup-shutdown/) - [Zazuu investors](https://launchbaseafrica.com/tag/zazuu-investors/) - [AZ Valu](https://launchbaseafrica.com/tag/az-valu/) - [EFG Hermes ONE](https://launchbaseafrica.com/tag/efg-hermes-one/) - [WhereIsMyTransport Debt](https://launchbaseafrica.com/tag/whereismytransport-debt/) - [Mental Health Startup Africa](https://launchbaseafrica.com/tag/mental-health-startup-africa/) - [Prembly](https://launchbaseafrica.com/tag/prembly/) - [Peleza](https://launchbaseafrica.com/tag/peleza/) - [Prembly Group](https://launchbaseafrica.com/tag/prembly-group/) - [Misr Digital Innovation Company](https://launchbaseafrica.com/tag/misr-digital-innovation-company/) - [NDIC](https://launchbaseafrica.com/tag/ndic/) - [Heritage Bank](https://launchbaseafrica.com/tag/heritage-bank/) - [AfDB African Startups](https://launchbaseafrica.com/tag/afdb-african-startups/)