Launch Base Africa

From the teams of Algerian founders making their way to Beijing to the brown-hued Sèmè-One building in Cotonou, Benin, we have a sharp instinct for unmasking anything tech, innovation, startup, and entrepreneurship across Africa. Where are our readers from? Join our growing readership today. #techstartupAfrica #startupafrica #startupafricaine

GB Foods has been a familiar name on African dinner tables, with its Gino and Pomo tomato purée sachets a staple across the continent. Now, the company is launching a $10 million venture capital unit and has already made an investment. https://lnkd.in/dPe52QtW

The first quarter of 2025 suggests a stable and cautiously optimistic funding environment for African startups. https://lnkd.in/dJffZQva

From Breadfast to Rabbit, investors are betting big on Egyptian quick commerce startups. https://lnkd.in/dHahUdeW

“We understand the pain points of dealing with six different payment service providers across Africa." https://lnkd.in/dYp_FRND

In 2023, Morocco exported $222 million in semiconductor devices to the US— a fraction of Taiwan’s $214 billion in integrated circuit exports or the UK’s $92 billion in financial services. https://lnkd.in/dVTvmSPq

In 2023 alone, the e-levy generated GHS 1.19 billion (roughly $129 million), exceeding its target of GHS 1.11 billion. https://lnkd.in/djWURxUQ

Nine years—that’s how long it took Tunisia's Karim Jouini to make an exit with his expense management startup, Expensya, sold for over $100M. During that time, and afterward, Jouini had been quietly backing startups—26 of them—pouring over $2.7M into ventures including Senegal’s L’AfriqueMobile and Tunisia’s Dabchy. We caught up with Jouini recently, and he told us that markets make all the difference for startups. Find out more: https://lnkd.in/dmivkw2D

Africa's startup investment scene is still run by European and North American investors—with a splash of local funds here and there. SpeedInvest, Norrsken22, Fuze... these are the recurring names, each investing in more than two startups in Africa. We've made a list of the most active for Q1 2025. Here it is: https://lnkd.in/dBuJeXTZ

Egypt is the latest destination for Middle East behemoths prepping for IPO. Less than a month after the car marketplace Hatla2ee was gobbled up by IPO-bound Dubizzle Group, IPO-bound Abu Dhabi's 2PointZero has bought ADVA, founded by female entrepreneur Rania Gaafar. The biggest beneficiary? Sawari Ventures — which backed ADVA in 2022. https://lnkd.in/dbKPjmwi