Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

Ray Langa, Group CEO, Leagas Delaney, writes from South Africa

Court rejects creditor demands for forensic audit, appoints KPMG pair as liquidators despite objections over transparency.

Cyril Shonibare, Principal at TLCOM—one of Africa’s largest early-stage VC funds—sits down with Launch Base Africa to discuss the firm’s deployment strategy, the collapse of open banking pioneer Okra, and hard-won lessons in early-stage African venture capital.