| Date | Title | Description |
| 09.07.2025 | Ghanaian invoice financing startup Liquify raises oversubscribed $1.5 M Seed round | In an effort to bridge the $120 billion African trade finance gap, Ghanaian startup Liquify, a digital invoice finance platform for African SME exporters who are stranded waiting 30 to 90 days to get paid, has raised an oversubscribed US$1.... |
| 10.05.2025 | Everything I heard at the AVCA Conference | Last week, the African Venture Capital Association (AVCA) brought its flagship VC Summit back to Lagos, the home of Africa’s unicorns, for the first time in a decade, and the timing could hardly have been more charged.
Against a backdrop of... |
| 11.05.2024 | “How to Startup” fellowship for African entrepreneurs launched by Future Africa, CatalyzU | A seven-week program called “How to Startup” has been launched by Future Africa in collaboration with CatalyzU. Its goal is to empower African entrepreneurs by providing them with the fundamental knowledge and skills they need to establish ... |
| 20.03.2024 | Uber Drives Moove's $100M Investment in African Mobility Fintech | Moove, an African mobility fintech, secures $100 million in funding led by Uber, pushing its valuation to $750 million. The investment will fuel Moove's expansion into new markets, offering vehicle financing to ride-hailing and delivery app... |
| 19.03.2024 | Uber leads $100M investment in African mobility fintech Moove as valuation hits $750M | Moove, an African mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers, has raised $100 million in a funding round as it plots expansion into new markets.
Moove did not say who is leading the round, but so... |
| 19.03.2024 | Moove Raises USD $100M in Series B Funding | Moove, an African mobility fintech that eases access to vehicle ownership for mobility entrepreneurs, raised USD$100M in Series B funding, at $750M valuation.
The round saw participation from Uber as well as existing investors Mubadala, The... |
| 06.09.2023 | Itana Secures $2 Million Pre-Seed Funding to Pave the Way for Africa’s First Digital Free Zone. | Itana (formerly Talent City) has raised $2 million in a pre-seed round led by global venture capitalists LocalGlobe, Amplo, Pronomos Capital, and Future Africa. The deal brings together a powerhouse of deep industry expertise and technical ... |
| 14.08.2023 | Four New African Asset Funds Announced Under the Prosper Africa Catalytic Investment Facility | Share this:
Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to email a link to a friend (Op... |
| 13.03.2023 | Innovators, Investors, and World Leaders Will Converge in Silicon Valley to Discuss the Future of Africa at the African Diaspora Investment Symposium | Silicon Valley, Calif — The African Diaspora Network (ADN) will host the eighth edition of the African Diaspora Investment Symposium (ADIS23) from March 22 - 24, 2023 at the Computer History Museum in Mountain View California. This year, AD... |
| 13.03.2023 | Innovators, Investors, and World Leaders Will Converge in Silicon Valley to Discuss the Future of Africa at the African Diaspora Investment Symposium | I look forward to engaging with the African and African diaspora communities to explore possibilities and build bridges between Africans, African diasporans, and friends of Africa to help drive transformational economic, environment, and so... |
| 09.02.2023 | After a record 2022, 8 investors explain why it’s ‘still just Day 1’ for Africa’s startup ecosystem | Last year was a good 12 months of firsts for African tech startups.
For the first time, the sector attracted over 1,100 unique investors in 2022, which in turn resulted in a record fundraising haul of $6.5 billion, according to data from Pa... |
| 12.10.2022 | Data Snapshot: Seed stage deal activity jumped 70% YoY in African agrifoodtech investment | Data Snapshot is a regular AFN feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder.
Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new r... |
| 15.06.2022 | Global Startup Awards makes its African debut | The Global Startup Awards is holding its first Africa Summit in Cape Town, South Africa at the Cape Town International Convention Centre. Founded 10 years ago as the Nordics Startup Awards, the international startup competition has since be... |
| 14.06.2022 | Backed by Magic Fund, The Oak Capital, Berrywood Capital, Future Africa, and First Circle Capital, VeendHQ Raises a Total of $330,000 in Pre-Seed Funding. | Tuesday, 14th June 2022 – We are excited to announce that we hit yet another milestone this quarter. We have raised a $330,000 pre-seed fund. The round was backed by Magic Fund, The Oak Capital, Future Africa, Berrywood Capital and other an... |
| 16.03.2022 | Spark+ Africa Fund Raises Over $40 Million to Invest in Clean and Modern Cooking Solutions in Africa | “CCA is thrilled to have supported the development of Spark+. We see this launch as a much-needed step toward developing a sustainable and inclusive clean cooking sector.” - Dymphna van der Lans, Chief Executive Officer of CCA
LUXEEMBOURG (... |
| 21.02.2022 | Flutterwave 3.0, Google’s Android Privacy Sandbox, Africa-produced mRNA vaccines | Share this article:
Good day,
In the last few weeks, on every social media platform I use — mainly Twitter and WhatsApp — one of the first things I see is “Wordle 2/6” or “Wordle 1/6”, followed by some green, yellow, and white squares.
Now ... |
| 18.02.2022 | It’s all about seed rounds | Share this article:
Hello there,
The financial sector experienced a tremendous change last year, with massive growth in the use of digital financial services.
According to CB Insights’ ‘State of Fintech’ report, the third quarter of 2021 wa... |
| 17.02.2022 | Learning the VC game, Flutterwave’s $3bn valuation and CrowdForce’s $3.6m raise | Share this article:
“We don’t need you.” is a summary of what the European Union (EU) is telling Facebook’s parent company, Meta, after it threatened to shut down Facebook and Instagram in the region following its inability to comply with E... |
| 16.02.2022 | Local competition for Uber, Wasla raises $9 million, MoneyHash’s pre-seed round | Share this article:
Hello there,
So, anyone familiar with tertiary education in Nigeria knows about the striking tradition. Most government-run university students have lost blocks of time due to strikes by the Academic Staff Union of Unive... |
| 15.02.2022 | Airtel Africa’s strategic hire, Connected finance in Africa, Digitising Nigerian pharmacies | Share this article:
Hello, people
How was St Valentine’s Day? Did you spend it with your loved one(s)? Or were you a dogged soldier and kept on coding, writing, designing, and building stuff? Mine had a mixture of everything plus more. Whil... |
| 14.02.2022 | Romance in the metaverse | Share this article:
Good day,
In the last two days, you might have seen this tweet making the rounds. It appears Ghanaians can now travel through 44,000 airports, using their National ID cards — Ghana Card — as an e-passport.
But let’s not ... |
| 06.02.2022 | African tech startup funding trebles to pass $2bn mark in 2021 | Share this:
Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new... |
| 02.02.2022 | Norrsken22 announces first close of US$ 200M fund supporting Africa’s future tech giants | Norrsken Foundation, a Sweden-based non-profit organisation envisaging mitigating mental health issues, environmental problems, poverty, and famine, has launched Norrsken22 on 31 January 2022 as a US$ 200 million fund to bolster Africa’s te... |
| 20.01.2022 | Simplifying blockchain, Frain’s $473k pre-seed and yesterday’s funding streak | Share this article:
Hi there,
Today, I’m discussing:
Simplifying blockchain
Frain Technologies’ $473k raise
Funding stories out of Africa Simplifying blockchain with Crevatal
Crevatal Co-Founders, Clement Hugbo and Oluchi Enebeli
I’ll be ho... |
| 08.12.2021 | Techpoint Awards 2021: And the nominees are… | Share this article:
[Updated on December 15, 2021]: Payourse requested to be removed as a finalist in The Most Outstanding Crypto Exchange category.
[Updated on December 14, 2021]: The Most Outstanding Logistics Startup 2021 was renamed Mos... |
| 09.11.2021 | How African founders can secure funding for their startups | This article was contributed to TechCabal by Ayobami Olajide and Ayobamigbe Teriba. Ayobami and Ayobamigbe work with Ingressive Capital, a venture capital firm that writes up to $400K cheques to early-stage startups.
You’re a startup founde... |
| 03.11.2021 | TechCabal Daily – Let’s play one more round!💸 | 3 NOVEMBER, 2021
IN PARTNERSHIP WITH
Good morning ☀️ ️
Don’t be surprised if you see an advert after your Zoom meeting soon because Zoom is testing showing ads to free users.
Why? According to Zoom’s chief marketing officer Janine Pelosi, i... |
| 03.11.2021 | Local Venture Capitalists Impacting Africa Venture Capital Market | The African Venture Capital Market over the past few years has seen major developments and an increase in volume. In a report by Max Cuvellier, African startups since the beginning of the year have raised more than $2.9 billion through over... |
| 30.09.2021 | Ndubuisi Ekekwe on Africa’s startup future, tech solutions for dysgraphia, and Andela’s $200m Series E | Share this article:
Hi there,
Today, I’m discussing:
Ndubuisi Ekekwe’s take on investing in Africa
Tech solutions for dysgraphia
Andela’s $200m Series E Ndubuisi Ekekwe and investing in African startups
Professor Ndubuisi Ekekwe. Chairman, ... |
| 23.09.2021 | Meet the founder: Releaf’s Ikenna Nzewi wants Nigerian palm oil to be the next big thing | Nigeria’s palm oil sector exemplifies the persistent challenges that have stymied Africa’s agricultural production at large. There are an estimated 4 million smallholder farmers cultivating oil palm in the country, but they lack modern tech... |
| 15.09.2021 | Nigeria’s Releaf secures $4.2m funding to industrialize food processing in Africa | Releaf, a Nigerian agriculture technology company that develops proprietary hardware and software solutions to drive the industrialisation of food processing in Africa, has raised $4.2 million in seed funding and grants to scale its technol... |
| 25.08.2021 | The Future Africa Collective Presents an Opportunity to Invest in High Growth African Startups | In 2020, despite the gloominess of the pandemic, arguably the biggest story of the Nigerian tech ecosystem broke with the acquisition of technology company Paystack by American fintech giant, Stripe. The exit signaled a significant win for ... |
| 19.08.2021 | Tech in Africa is Taking Off | From unicorns aiming for world domination to small township startups looking to make a difference in women’s lives, Africa is replete with innovators. It has the youngest population of any continent in the world, with about... |
| 30.06.2021 | MDaaS Global raises $2.3m to launch digital health solution across Nigeria | Share this:
Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new... |
| 09.06.2021 | 500 Startups Next Ecosystem Hub is Africa | Share this:
Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new... |
| 18.05.2021 | Future Africa has invested $3m in 13 deals, plotting 87 more for the rest of 2021 | In March, Nigerian startup Termii raised $1.4 million in a seed round. Future Africa co-led the round with Kepple Africa Ventures, a Japanese Africa-focused venture capital firm.
It is not clear how much Future Africa invested in Termii but... |
| 18.05.2021 | Future Africa has reportedly invested $3 million in African startups in 2021 | Share this article:
Africa-focused venture capital firm, Future Africa, has revealed via a statement on its website that so far in 2021, it has invested $3 million — more than double its total investments in 2020 — in 13 startups.
In a Janu... |
| 30.04.2021 | How to attract large investors to your direct investing platform | David Teten Contributor
Share on Twitter
David Teten is founder of Versatile VC and writes periodically at teten.com and @dteten.
More posts by this contributor
Should you give an anchor investor a stake in your fund’s management company?
H... |
| 19.03.2021 | Nigeria’s Termii raises $1.4M seed led by Future Africa and Kepple Africa Ventures | Ideally, it is expected of every business to reach its customers effectively. However, that’s not the case, as limiting factors that hinder proper digital communication come into play at different growth stages. Termii, a Nigerian communica... |
| 19.03.2021 | YC-backed Termii raises $1.4m seed round to expand to North Africa | Share this article:
Nigerian-founded Communication Platform as a Service (CPaaS) startup, Termii has raised $1.4m seed round from African early-stage VC firm, Future Africa and Africa-focused Japanese VC, Kepple Africa Ventures. Also partic... |
| 02.03.2021 | Nigerian founders-turned-investors are now running syndicate funds | The Future Africa Fund kicked off in 2015 when Iyinoluwa Aboyeji and Nadayar Enegesi, co-founders of U.S.-based and African-focused talent company Andela, wrote checks to African startups as angel investors. This continued even as Aboyeji j... |
| 28.01.2021 | Iyin Aboyeji’s Future Africa returned $3.7m to investors; Now he wants to fund women in tech | Last April, Future Africa put out a call for aspiring investors to pool funds into a co-investment community funding African innovation. By December, the firm had 160 members, reviewed over 600 funding proposals, and invested more than $1mi... |
| 22.01.2021 | How fintech and serial founders drove African pre-seed investing to new heights in 2020 | When Stripe-subsidiary Paystack raised its seed round of $1.3 million in 2016, it was one of the largest disclosed rounds at that stage in Nigeria.
At the time, seven-figure seed investments in African startups were a rarity. But over the y... |
| 19.11.2020 | Future Capital Discovery Fund Closes US$187 Million Early-Stage Tech Fund | USD Fund IV closed in 7 months and was oversubscribed despite COVID-19 challenges
Leading early-stage venture capital firm Future Capital Discovery Fund announced the final closing of its fourth USD flagship fund, USD Fund IV with US$187 mi... |
| 11.11.2020 | How Future Africa invested $1 million across 9 African startups in Q3 2020 | Share this article:
Future Africa, a platform that provides capital, coaching, and community for African innovators, just announced that it invested a total of $1 million in nine African startups in the third quarter of this year.
The firm ... |
| 15.04.2020 | Andela, Flutterwave co-founder calls on co-investors to join his Future Africa fund | Andela and Flutterwave co-founder Iyinoluwa Aboyeji is looking for co-investors to join his Future Africa fund.
Aboyeji (pictured above), who founded the fund last year with Olabinjo Adeniran and Adenike Sheriff, said in a blog post last we... |
| 15.04.2020 | Andela, Flutterwave co-founder calls on co-investors to join his Future Africa fund | Andela and Flutterwave co-founder Iyinoluwa Aboyeji is looking for co-investors to join his Future Africa fund.
Aboyeji (pictured above), who founded the fund last year with Olabinjo Adeniran and Adenike Sheriff, said in a blog post last w... |
| 22.01.2020 | Insight: Iyin Aboyeji’s Future Africa Fund is offering more than money | Billion-dollar companies are not built by rich founders with shiny pitch decks. Bullish big-ticket announcements do not guarantee great leaps. And while capital remains a primary need globally, a stable startup in Africa must tame aggressiv... |
| 21.01.2020 | The Big 5 Daily: 21st January, 2020 | Hello,
It’s a fresh edition of the Big 5 Daily!
Leggo!
Big news! Africa’s first social startup studio launched a €60 million Janngo Capital Startup Fund. The Janngo Capital Startup Fund is for women in the African fintech startup space.
Nex... |
| 14.01.2020 | Samurai Incubate announces plans to raise over $18m for second Africa fund [Updated] | Japanese headquartered venture capital (VC) firm Samurai Incubate Africa is looking to raise 2 billion yen ($18.2-million) for a second fund to support startups in Africa.
Samurai Incubate Africa, which was established in May 2018 as Leapfr... |
| 14.01.2020 | Samurai Incubate announces plans to raise over $18m for second Africa fund [Updated] | Japanese headquartered venture capital (VC) firm Samurai Incubate Africa is looking to raise 2 billion yen ($18.2-million) for a second fund to support startups in Africa.
Samurai Incubate Africa, which was established in May 2018 as Leapf... |
| 09.01.2020 | What you need to know about Andela and Flutterwave co-founder, Iyin Aboyeji’s Future Africa Fund for startups | Share this article:
In 2018, Aboyeji stepped down from his role as CEO of Flutterwave, one of Nigeria’s biggest fintech companies.
Taking a sabbatical from entrepreneurial activity, he supported and advised local startups while spending tim... |
| 08.01.2020 | Iyinoluwa Aboyeji Launches Future Africa Initiative for African Startups, Phane Group Raised $67 million to Construct Solar Power Plant in Malawi and More | Hello!
Allow me take you on today’s Big 5 ride!
Ready, Set, GO!
Drum roll! Andela and Flutterwave’s co-founder Iynioluwa Aboyeji has launched his Future Africa Initiative. The initiative will provide about $50000 in funding capital for 20 s... |
| 09.08.2019 | Women initiative to help female founders apply for YCombinator | Are you a female founder from Africa looking to get your tech startup into US accelerator YCombinator?
Future Africa Venture Entrepreneur Women (Fave Women), a community of female founders, has teamed up with more than 10 YCombinator alumni... |
| 09.08.2019 | Women initiative to help female founders apply for YCombinator | Are you a female founder from Africa looking to get your tech startup into US accelerator YCombinator?
Future Africa Venture Entrepreneur Women (Fave Women), a community of female founders, has teamed up with more than 10 YCombinator alumn... |
| 10.12.2018 | Sawari Ventures announces $35m first closing of $70m North Africa fund | Egyptian venture capital firm Sawari Ventures yesterday (9 December) announced a $35-million first closing of its $70-million Sawari Ventures North Africa Fund I (SVNFI).
The Cairo-based VC firm made the announcement on the sidelines of the... |
| 10.12.2018 | Sawari Ventures announces $35m first closing of $70m North Africa fund | Egyptian venture capital firm Sawari Ventures yesterday (9 December) announced a $35-million first closing of its $70-million Sawari Ventures North Africa Fund I (SVNFI).
The Cairo-based VC firm made the announcement on the sidelines of th... |
| 13.02.2012 | GELDOF AFRICA FUND RAISES $200M | IRISH rock star Bob Geldof has raised $200m (£126.4m) for his “8 Mile” African private equity fund, cementing a shift in his global anti-poverty crusade from rich world debt forgiveness to promoting private enterprise. “Private equity is on... |
| - | Iyinoluwa Aboyeji Launches Future Africa Initiative for African Startups, Phane Group Raised $67 million to Construct Solar Power Plant in Malawi and More | Hello!
Allow me take you on today’s Big 5 ride!
Ready, Set, GO!
Drum roll! Andela and Flutterwave’s co-founder Iynioluwa Aboyeji has launched his Future Africa Initiative. The initiative will provide about $50000 in funding capital for 20 s... |
| - | The Big 5 Daily: 21st January, 2020 | Hello,
It’s a fresh edition of the Big 5 Daily!
Leggo!
Big news! Africa’s first social startup studio launched a €60 million Janngo Capital Startup Fund. The Janngo Capital Startup Fund is for women in the African fintech startup space.
Nex... |
| - | Adenia Africa Fund secures $470 million to invest in fintech, telecom, others | - |
| - | Talent City | “We are the first investor in bold and visionary leaders building global businesses that solve Africa’s biggest challenges” |
