Why Launch Africa returned $2.5 million to investors after 11 exits
Launch Africa returned $2.5 million to investors from its first fund after completing 11 exits. The firm has joined a small group of African investors that have returned liquidity to limited partners.
After hiring Raise’s founder, Carta sets out to fix Africa’s private capital infrastructure
Carta is building localized products for the African private capital market as part of its expansion strategy. Marvin Coleby, former CEO of Raise, has joined Carta to lead product development for Africa, the Middle East, and Asia.
Kenyan fintech Raise shuts down, migrates users to Carta
Raise announced its shutdown and will migrate users to Carta. The startup struggled to find a scalable business model within the African venture capital ecosystem.
Equity roll forward 101: A complete guide for startups
Equity roll forward tracks ownership changes in equity across fiscal periods. Startups must manage equity distribution, dilution, and reporting using relevant tools.
