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| Aug 11, 2025 | Funding is flowing North, and Enza Capital is paying closer attention | After landmark acquisitions like InstaDeep and Expensya, proof of the region’s growing ecosystem maturity, North Africa has drawn increased investor attention over the past two years. Its proximity to Europe’s vast consumer market and acces... |
| Jul 23, 2025 | Top 12 logistics and mobility startup raises of H1 2025 | In the first half of 2025, Africa’s broader tech ecosystem saw deal flows—including fundraises, acquisitions, and exits—hit $1.4 billion, per Africa: The Big Deal. This marks a 78% surge over H1 2024. Of these deals, logistics and mobility ... |
| Jun 5, 2025 | Same deals, $102 million less cash: Africa’s logistics and transport funding in Q1 2025 | Thirteen logistics and mobility startups raised funding in the first quarter of 2025. This matched the number of deals inked in Q1 2024, but the total amount plummeted to $44.9 million. Funding this year saw a 69% decrease from the $146 mil... |
| May 21, 2025 | The Shifting Sands of African E-Commerce: Challenges and Opportunities Ahead | The African e-commerce landscape is undergoing a seismic shift. Investors are pulling back, and giants like Jumia are grappling with fierce competition. The numbers tell a stark story. In the first quarter of 2025, African e-commerce startu... |
| May 21, 2025 | African e-commerce startups raise $11.3M in Q1 as investor caution grows | Investor appetite for e-commerce startups in Africa is dwindling as year-on-year funding figures dropped by 47.2% in Q1 2025. According to data from Africa: The Big Deal, a database for startup deals, the total funding received by African s... |
| May 2, 2025 | Navigating the Crypto Conundrum: Nigeria's Web3 Landscape in Flux | Nigeria stands at a crossroads in the digital currency revolution. With over 25 million citizens embracing cryptocurrencies, the nation is a beacon of hope in Africa's tech landscape. Yet, a paradox looms large: while adoption soars, fundin... |
| Apr 30, 2025 | Over 25 million Nigerians hold crypto assets, yet Web3 startups are underfunded. Why? | In Nigeria, digital currencies are more than a novelty. Over 25 million Nigerians are turning to crypto, with stablecoins, in particular, leading a shift in how people send, store, and spend money. From peer-to-peer remittances to cross-bor... |
| Feb 14, 2025 | “Success speaks louder than stereotypes”–Norrsken22’s Lexi Novitske and Precious John-Adeyemi on bridging funding gap for female founders | Scaling a startup requires capital to invest in technology, hire talent, and achieve product-market fit. Many entrepreneurs rely on investors to fund this vision, but female founders find it more difficult to secure capital compared to men ... |
| Feb 3, 2025 | Africa’s startups brought in $2.2 billion in 2024 | According to the latest report by Africa: The Big Deal, in 2024, African startups raised US$2.2 billion in grants, debt, and equity (not including exits).
In contrast to the $2.9 billion raised by startups in the continent in 2023, this rep... |
| Jan 22, 2025 | Kenya’s startup bill mandates R&D investment, but ownership rule sparks concerns | Kenya’s Senate has passed the controversial 2022 Startup Bill, setting the stage for a transformative shift in the country’s burgeoning startup ecosystem. If President William Ruto signs the bill into law, it will mandate Kenyan startups to... |
| Jan 13, 2025 | Focus on cash management in 2025, VC firms tell early-stage portfolio startups | Partners at early-stage African VC firms are advising their portfolio startups to focus on business fundamentals like sustainable growth and efficient cash management while building products that solve real market problems as they expect ve... |
| Mar 15, 2024 | How Zimbabwean startups are forging ahead despite hyperinflation and sanctions | Tendai Mugovi is a serial technology entrepreneur based in Harare, Zimbabwe’s capital. He has founded and currently runs three startups: Cashlinq, a fintech offering core banking services to banks and other financial institutions, including... |
| Mar 7, 2024 | Record funding in women-led healthtech startups sets agenda for founders | Women-led healthtech companies in Africa saw a significant bump in funding from investors in 2023, according to a new report by Salient Advisory.
Rwandan-based startup Kasha, Kenya’s Maisha Meds, and Egypt-based startups Dawi Clinics and Ch... |
| Feb 5, 2024 | African startups raised $83 million in January 2024 | African startups got off to a sluggish start in 2024, raising just $83 million across 31 disclosed deals in January, according to data from Africa: The Big Deal. This marks a steep decline from the $545.1 million raised in 20 deals during t... |
| Jan 23, 2024 | How African startups raised funding in 2023 | After defying the global funding slowdown of 2022, VC investments in African startups dropped considerably last year, mirroring the situation in other regions where capital taps were significantly turned off. The drop, however, was not unex... |
| Jan 17, 2024 | Homegrown African VCs emerge to fill in the gaps foreign investors cannot | The African startup scene is expanding beyond the traditional markets of Egypt, Kenya, Nigeria and South Africa, with accelerated activity now reported in other regions across the continent. As the market grows, there are calls for more loc... |
| Jan 4, 2024 | The biggest African tech trends to look out for in 2024 | In 2023, standards became higher than ever for global tech. Customers want to be able to buy something in two clicks but still need in-person customer service. Workers want to work digitally, ideally from a beach somewhere, while maintainin... |
| Jan 3, 2024 | Funding reaches two-year decline as African startups raise $3.2 billion in 2023 | In 2023, African startups secured $3.191 million in funding. This marks a sharp decline compared to the previous years.
Per our friends at Africa: The Big Deal, a curated funding database, African startups raised $3.4 billion in 2023. At Te... |
| Jan 2, 2024 | Five trends to watch out for in African tech in 2024 | With 2023 now behind us, we look back on a year marked by strong economic headwinds and market upheavals. A cursory look at funding numbers shows that 2023 was a mixed bag. Venture capital (VC) funding fell by 41.7%, quarter-on-quarter, goi... |
| Dec 19, 2023 | Shaping tomorrow’s investments: A triumph of collaboration at the Africa Early Stage Investor Summit 2023 | The Africa Early Stage Investor Summit 2023, concluded with resounding success, bringing together 350+ investors, founders, and industry leaders from across the continent. The two-day summit, organized jointly by VC4A & African Business... |
| Nov 28, 2023 | Africa Fact of the Day: Africa’s biggest funding for startups – 28 November 2023 | Africa Fact of the Day features the most wonderful and weird facts about the history and culture of the African Continent. Photo: Pexels
The African continent has the second largest population in the world, with more than one billion people... |
| Nov 2, 2023 | Norrsken22’s debut fund closes at $205M to back growth-stage startups in Africa | It’s exciting times for growth-stage investment in Africa as Norrsken22, a Pan-African venture capital firm, achieves the final close of its debut fund, raising a total of $205 million, surpassing its initial target. This also highlights a ... |
| Oct 26, 2023 | African VCs and startups are eyeing the Middle East for new capital, but there’s a catch | African startup funding has seen a significant decline of more than 50% over the past three quarters compared to the previous year, as reported by The Big Deal. To date, startups on the continent have secured funding in the range of $2.5 bi... |
| Oct 13, 2023 | African startups see their fundraising prospects dry up as capital availability falls yet again in Q3 | African startups’ fundraising trends have reverted to what we might call pre-COVID norms. In a nutshell: Startups on the continent raised less money in the third quarter of 2023 than they have since the end of 2020, according to The Big Dea... |
| Aug 3, 2023 | African countries with internet restrictions so far in 2023 | Picture a scenario where you wake to find yourself cut off from the realm of social media. No more scrolling through Instagram to view high-definition pictures, no LinkedIn for forging professional connections, and no Twitter for engaging i... |
| Jul 31, 2023 | ‘The Future Is Female’ Mentorship Program Selects 20 Female Founders To Master The Fundamentals Of PR | Other the course of 3 months, mentees will have the opportunity to attend exclusive webinars and ... [+] meet one-on-one with mentors.getty |
| Jun 23, 2023 | Is the African tech funding market making a comeback? | 2023 started with a lot of uncertainty for the tech industry. Many companies have struggled to find their rhythm since the economic downturn in 2022. As a result, we’ve seen a lot of layoffs, shutdowns, valuation cuts, and expansion halts i... |
| Jun 8, 2023 | Senegal shut down its internet, again. | The month of June didn’t start well for Senegal. On Thursday, the first day of the month, several social media platforms, including WhatsApp, Instagram and YouTube, started facing access restrictions in Senegal. And it wasn’t a glitch. The ... |
| May 19, 2023 | Africa Tech Leaders and Investors to Convene at Africa Tech Summit London
TechCabal’s 2021 Year-End report
Success! | Africa Tech Summit (ATS) London, the leading tech conference that drives business and investment across the continent, will host the seventh London edition on June 23rd live at the London Stock Exchange.
Following a sold-out edition in 2022... |
| May 18, 2023 | The ‘big four’ are not reducing steam, but new leaders are emerging in Africa’s tech ecosystem
TechCabal’s 2021 Year-End report
Success! | The ‘big four’—Nigeria, Egypt, South Africa, and Kenya— are all known for pulling the weights in Africa’s tech ecosystem, however, new countries are emerging as frontiers and are rapidly carving out their space in the tech landscape.
Africa... |
| May 11, 2023 | What African founders think about the recent funding downturn
TechCabal’s 2021 Year-End report
Success! | Funding for African startups has waned in recent months, with 2023 being one of the slowest years since the pandemic for deals both in volume and amount. Founders tell TechCabal what they think about the downturn.
The heady days when the Af... |
| May 2, 2023 | The leading African tech moves from April 2023
TechCabal’s 2021 Year-End report
Success! | Editor’s Note
A brutally sluggish month for African startups, the continent squares up to Big Tech and layoffs continue to be a drag—April could not end sooner for some in the tech ecosystem.
It wasn’t all grey clouds though; Kenya saw some... |
| Apr 28, 2023 | After initially defying the global slowdown, African startups’ first quarter venture results fall | The recent, and now past, venture capital boom was a global affair. While traditionally busy markets like North America and Europe benefited from the explosion in capital, other regions with more nascent startup scenes also saw big gains in... |
| Apr 20, 2023 | Funding trackers are aplenty in the Africa tech ecosystem, but whose data can be trusted?
TechCabal’s 2021 Year-End report
Success! | Since the initial boom of venture capital funding in Africa in the mid 2010s, ecosystem observers have relied on publications like TechCabal, as well as numerous newsletters published by independent journalists to keep them up to date about... |
| Apr 14, 2023 | Venturing forward: the prospects and challenges of VC funding in South Africa
TechCabal’s 2021 Year-End report
Success! | Last month, the Naspers Foundry, one of the largest venture capital funds in South Africa, shut down. As Foundry sunsets, the country’s venture capital market is going through what one would call a rough patch, as evidenced by its inability... |
| Apr 13, 2023 | The Funding Grind for Black Travel Startup Founders in Africa | Travel entrepreneurs know the grind when it comes to funding a startup. But the ability to get financial backing and support is said to compound when you are a founder bringing unconventional solutions for emerging markets, predominantly Bl... |
| Mar 8, 2023 | IWD 2023: MTN celebrates women making strides in the ICT sector
TechCabal’s 2021 Year-End report
Success! | International Women’s Day (IWD) offers women all over the world an occasion to assert their identity, accomplishments, and collective progress. It’s a time when we spotlight women who are making strides in various industries. The theme for ... |
| Mar 1, 2023 | SA’s tech startup ecosystem is slowing down: Can a Startup Act resurrect it?
TechCabal’s 2021 Year-End report
Success! | According to data by venture funding tracker Africa: The Big Deal, out of the “Big 4” tech ecosystems in Africa, South Africa recorded the second highest year-on-year decline in the value of deals in 2022, dropping by as much as 78% from th... |
| Jan 29, 2023 | Clean-tech and e-commerce are fuelling Kenya’s speedy tech market growth | Last year, despite a slowdown in venture capital (VC) activity globally, Kenya managed to defy the odds and come out on top as the African country with the strongest growth in funding raised. According to data from market intelligence firms... |
| Jan 27, 2023 | How African startups raised venture capital in 2022 | Earlier this month, we reported that investors’ sentiments surrounding venture capital activity going into this were more reserved than upbeat. Investors believe the market correction, which caught up with the continent in the second half o... |
| Jan 26, 2023 | Kenya’s growth was strongest in Africa’s VC market; clean tech, e-commerce pulled in most of the funding | As VC activity slowed down globally last year, Kenya defied odds to record the strongest growth in funding raised in Africa. Reports show that the deal count and value to the country surpassed 2021 figures owing to increased investor intere... |
| Jan 12, 2023 | Why Africa had no unicorns last year despite record fundraising haul | The African tech scene was met with fanfare in 2021: Venture capital investments in the region totaled between $4 billion and $5 billion and produced five unicorns. In my piece detailing this progress, I predicted there would be more unicor... |
| Jan 11, 2023 | Did the Maghreb region hit the road in 2022?
TechCabal’s 2021 Year-End report
Success! | It’s the beginning of a new year and different authorities have started releasing report cards of how African startups fared in 2022. In terms of venture funding, which unsurprisingly is still the major metric of ecosystem growth in Africa,... |
| Dec 23, 2022 | Ask an Investor: Twelve insights from Africa’s top investors in 2022
TechCabal’s 2021 Year-End report
Success! | In 2021, we started the Ask an Investor series to help explain why and how investments in companies happen in Africa from the people who make them happen.
This year, I interviewed over 20 investors who shared their thoughts on what investor... |
| Dec 20, 2022 | AFIS: Is winter coming for African fintechs? | The growth of Africa’s tech ecosystem is one of the best things happening on the continent. The growth has made Africa a hotspot for investment, particularly in fintech, with revenue expected to reach $30bn by 2025. Aida Diarra, Senior Vice... |
| Dec 15, 2022 | Looking back at SA VC activity in 2022 and what 2023 will bring
TechCabal’s 2021 Year-End report
Success! | According to the venture capital tracking publication Africa: The Big Deal, Africa was the only continent to record a positive growth venture capital deal value in 2022. However, Nigeria and South Africa, the continent’s two biggest VC mark... |
| Nov 7, 2022 | Yassir raises $150m Series B to ramp up Africa and global expansion | Yassir, a San Francisco-based Algerian super-app offering on-demand services and financial services, has closed a $150 million Series B funding to power its expansion across Africa and the rest of the world.
The investment was led by BOND, ... |
| Oct 11, 2022 | Cape Town Welcomes Thousands of African and Global Fintech Industry Leaders, Stakeholders, Investors and Regulators for the 8th Africa Fintech Summit. | The 8th edition of the Africa Fintech Summit is set to hold from November 2-4, 2022, in Cape Town, South Africa, at the Cape Town International Convention Centre (CTICC). This year’s hybrid event supports in-person and virtual participation... |
| Oct 4, 2022 | Africa’s venture funding to hit $7 billion in 2022 | This year, Africa continues to be an outlier in the global investment landscape. The continent closed the first half of 2022 at $3.5 billion, a 133% increase from the first half of the previous year. If the continent continues to defy the g... |
| Sep 11, 2022 | Pan-African ‘gender equal investor’ Janngo Capital hits first close of €60M fund | After stints at Jumia as its former managing director at its Nigerian office and founding CEO of its Ivorian office, Fatoumata Bâ, a veteran of the African tech space, announced that her firm Janngo Capital was raising a €60 million fund (~... |
| Aug 26, 2022 | Why aren’t there any new African unicorns this year? | The prevailing narrative over the global tech market has been around how a looming recession is causing a downturn. News about layoffs, valuation cuts, and slowed-down scaling operations have sent jitters around the ecosystem. But surprisin... |
| Aug 24, 2022 | African tech companies are raising funds, but laying off workers | After what many would call a headline year, 2022 has not been a great year for global tech. Earlier in the year, much of the talk in the tech sector focused on falling valuations, dropping stock prices and slower funding rounds. Now, the la... |
| Aug 9, 2022 | In Africa, Kenyan startups have so far recorded highest funding growth this year | Kenyan startups raised nearly one billion dollars in the first half of 2022, surpassing what the country secured last year. Data shows that, of the big four in Africa — the quartet that includes Nigeria, Egypt and South Africa, and which re... |
| Jul 29, 2022 | Abidjan is a hidden gem—but for how long? | The Félix-Houphouët-Boigny International Airport, the largest in Côte d’Ivoire located 16 km southeast of the country’s biggest city Abidjan, is the smallest international airport I’ve ever seen: cosy and a tad aged. At first, the airport d... |
| Jul 20, 2022 | К 2050 году цифровая экономика Африки вырастет в шесть раз — прогноз | Отчет Endeavor основывается на таких факторах, как: темпы роста ВВП и потребительских расходов в африканских странах; ускоренное внедрение цифровых услуг во многих из них в период пандемии; увеличение числа молодых людей, которые разбираютс... |
| Jul 7, 2022 | Data suggests South African start-up exit size shrinking | There is no better way to measure the success of a technology start-up than by the size of an exit – the money buyers are willing to pay for it. For the lucky few, these can go into the billions of dollars.
Yet, while a string of local tech... |
| Jun 30, 2022 | As the global venture capital market slows, Africa charts its own course | Although Africa’s venture capital totals remained afloat in the first quarter, some investors and tech stakeholders think there’s still a good chance the continent will join the rest of the world in a slowdown.
Experts told TechCrunch that ... |
| Jun 27, 2022 | TLcom Capital appoints Eloho Omame as partner to back more pre-seed and female-led startups | Africa-focused venture capital firm TLcom Capital has appointed Eloho Omame as a partner six months after announcing the first close of TIDE Africa Fund II, its $150 million second fund (it expects to reach a second close later this year, a... |
| Jun 21, 2022 | Africa’s tech space is thriving amidst a global meltdown | Global finance media has been anything but merry in the past weeks. It has been a binge of news about heavy selloffs in several asset classes because of fears that a valuation bubble is causing a global recession. At the same time, we’re se... |
| Jun 1, 2022 | Adesuwa Rhodes: “Women don’t need more seats at the table, we need to create our tables.” | It’s a bit ironic that while women run 40% of Africa’s small and medium-sized enterprises (SMEs), they receive only 1% of funding from Venture capital (VC) firms.
Compared to the fact that male single and all-male founding teams received 84... |
| May 3, 2022 | The biggest African tech moves from April | Several important moves were made across Africa’s tech ecosystem in April.
From MTN’s PSB license approval and Airtel’s super-agent license in Nigeria, to Sun King’s $260 million raise in Kenya, and CAR’s crypto adoption, here are the top 1... |
| Apr 14, 2022 | No signs of a slowdown in Africa’s tech funding, data show | Could African tech be immune to the global funding slowdown? It sounds like a counterintuitive question to ask. “Africa, being home to several economies largely based on the export of natural resources, has historically been the opposite of... |
| Apr 4, 2022 | E-Commerce Company Copia Global Isn’t Building The ‘Amazon For Africa’ | Copia Global uses an agent network to take orders and and serve as pick-up points for Copia Global's ... [+] 1.6M customers. Copia Global |
| Apr 1, 2022 | Grocery shopping with the community | Share this article:
Hello there,
It’s Friday, a new month, and I hope you’ve had a productive and satisfying week. This week has been a mixed one for Nigerians, especially for residents of Kaduna. First, terrorists attacked the state’s lone... |
| Mar 30, 2022 | The complete guide to startup funding rounds | Share this article:
These days, everyone and their grandmother wants to be a startup founder or work at startups. You could blame it on the increased focus on entrepreneurship, the success recorded by successful founders, or the allure of a... |
| Mar 15, 2022 | 6 African women CEOs discuss how they raised more than $1M in 2021 | Women-founded companies in the U.S. raised more money from venture capitalists in 2021 than ever. Reports indicate they secured 83% more funding than the previous year, primarily attributed to the record-setting $329 billion U.S. startups r... |
| Mar 8, 2022 | These women have raised millions in a male-dominated startup space; Here’s how they did it | Share this article:
The phrase “It’s a man’s world” takes on more meaning when funding from venture capitalists to startups founded or led by a woman is considered.
African startups raised approximately $5 billion in 2021, yet less than 1% ... |
| Feb 28, 2022 | In Ghana’s agrifoodtech sector, investors and entrepreneurs share mutual skepticism | Desmond Koney knew the fundraising journey for his startup was going to be tough. His company, Complete Farmer, operates an agribusiness marketplace for Ghana’s under-financed and under-resourced farmers. Financing for agrifoodtech ventures... |
| Feb 23, 2022 | 10 startups join Endeavor & FMO’s cohort to accelerate agrifoodtech in Africa | FMO is a supporter of AFN’s coverage of agrifoodtech in Africa. For more information, read our press release about the partnership.
Venture capital investment in Africa is off to a roaring start, surpassing $1 billion in just the first seve... |
| Feb 8, 2022 | Reports say African startups raised record-smashing $4.3B to $5B in 2021 | Last year was record-breaking for African startups. I know I’m probably starting to sound like a broken record, but the astronomical growth is worth highlighting again and again.
In this piece, I spotlighted what influenced this venture cap... |
| Feb 7, 2022 | 4th edition of Africa Tech Summit set to take place live in Nairobi on Feb 23-24th | Share this article:
Nairobi, Kenya, Feb 4th , 2022 — The African tech ecosystem will finally have the opportunity to connect again in person at the fourth edition of Africa Tech Summit taking place in Nairobi, Kenya on February 23-24, 2022.... |
| Feb 4, 2022 | Q&A: Ignatius Akpabio on TradeDepot’s $110m raise & Africa’s e-commerce surge | 2021 was a remarkable year for venture capital in Africa (well, everywhere, actually.) Startups in Africa raised $4.3 billion, which is more than two and a half times the amount raised in 2020, according to The Big Deal.
B2B e-commerce vent... |
| Feb 4, 2022 | 13 African tech startups to watch out for in 2022 | 2021 was a watershed year for both VC firms and startups in Africa’s tech ecosystem. As businesses re-opened and people went back to living their lives, they continued with habits they picked up during lockdowns. Owing to this consumer tren... |
| Feb 2, 2022 | Oui Capital’s 2021 deals: Quabbly, Clane, Aifluence, and more | Venture capital investments into startups in Africa hit a record high in 2021 as companies raised over $4.3 billion in venture capital (VC) investments – 2.5x the amount raised in 2020. Startups in Nigeria, Egypt, Kenya and South Africa (co... |
| Jan 30, 2022 | Norrsken, VCs and 30 unicorn founders set up $200M fund to back growth-stage startups in Africa | Niklas Adalberth’s Norrsken Foundation is in the news again barely two months after opening its Norrsken House in Kigali, Rwanda, which plans to accommodate thousands of entrepreneurs by next year.
This time, the foundation has teamed up wi... |
| Jan 14, 2022 | Fourth edition of Africa Tech Summit set to take place live in Nairobi on Feb 23-24th | 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... |
| Jan 13, 2022 | Crazily high valuations, investor FOMO, the ripple effects of Y Combinator’s new deal | Share this article:
On Monday, January 10, 2022, startup accelerator Y Combinator announced that it would be increasing its deal size for future investments from $125,000 to $500,000. For many, the news was great because founders would get ... |
| Jan 7, 2022 | African startups raised $1 million every 2 hours in 2021 — Africa: The Big Deal | Share this article:
Even to a casual observer, 2021 was a massive year for the African tech ecosystem. It was the year when there were more disclosed funding rounds than we could keep up with. Data from various sources show that startups on... |
| Jan 3, 2022 | Here’s why startup funding in the Maghreb ecosystem is low | Five North African countries—Morocco, Algeria, Tunisia, Mauritania and Libya—make up the Maghreb region, a historic island between seas of water and sand at the far end of the Arab world.
Leaving out Libya, which continues to battle with co... |
| Dec 31, 2021 | 21 things that happened for the first time in 2021 in the African tech scene | 2021 has been a noteworthy year that has seen the African tech sector bounce back from the difficulties it faced in 2020. Here’s a list of 21 things that happened for the first time in the African tech scene this year.
African artists raked... |
| Dec 30, 2021 | African tech took center stage in 2021 | Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. From varying sources, it is estimated up to $2 billion went into African tech st... |
| Dec 27, 2021 | Nigerian startups that raised above $100 million in 2021 | --> -->
For African startups, this year has been a massive success. Not only have some startups received more than $100 million, but Africa has also garnered investment from well-known investors such as Softbank, a Japanese firm that ... |
| Dec 24, 2021 | Venture funding in Senegal remains muted despite Wave’s $200m buzz | Much of the global hype about and investment in startups operating in Africa over the past decade have been skewed towards English-speaking countries. The reality is reflected in annual reports on startup funding in the continent and 2021 h... |
| Dec 17, 2021 | Venture Platform’s $40m fund, Google’s investment in SafeBoda, Alitheia IDF’s $100m fund | Share this article:
Hi there,
Today, I’m discussing:
Venture Platform’s $40m fund
Google’s investment in SafeBoda through its Africa Investment Fund
Alitheia IDF’s $100 million fund Ventures Platform’s $40m first close
Kola Aina, Founder an... |
| Dec 16, 2021 | Women-focused PE fund Alitheia IDF raises $100 million to invest in gender-diverse businesses across Africa | Alitheia IDF (AIF), a women-focused private equity fund in Africa has raised $100 million to invest in gender-diverse businesses across the continent.
The fund is looking to bridge the financing gap for women-led or owned businesses in Afri... |
| Dec 16, 2021 | Ventures Platform launches a $40m fund, invites Seni Sulyman as venture partner | As far back as 2005, Kola Aina knew he wanted to invest in companies. He even registered a company name after his MBA program—one which he’s too embarrassed to share and ended up not using. After a number of rejections, unreplied messages, ... |
| Nov 25, 2021 | Nigerian fintech startup, FairMoney, hosts its first “Investor Conference” | Share this article:
2021 has been a good year for African startups. This year, the continent has already minted five unicorns. After the lull in investment activities in 2020, investments in African startups are on track to exceed the $2 bi... |
| Nov 12, 2021 | Faster deals, less diligence: The African startup market mirrors its larger rivals | The global venture capital market is increasingly active, but few locales are seeing the sort of investment acceleration that African startups are enjoying this year.
New data indicates that African startups have already outraised all known... |
| Sep 30, 2021 | Investing In Africa? Invest In Women | Madji Sock, co-Founder and former President of WIC Capital. Managing Partner of DALBERG Senegal Thiaba Camara Sy, |
| Sep 30, 2021 | 🚀 Africa’s top investors of 2021 | Back by popular demand (our April post on the same topic has been our most-read so far), this week we are looking at the most active investors in Africa, and Boy, haven’t they been busy! |
| Sep 11, 2021 | BNPL everywhere | Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by what the weekday Exchange column digs into, but free, and made for your weekend reading. Want it in your inbox every Saturday? Sign up here.... |
| Jul 28, 2021 | Franco-Ivorian fintech Julaya raises $2M to digitize business payments in West Africa | Julaya, a fintech startup based in France and Côte d’Ivoire, raised USD$2M pre-series A funding with business angels and venture capital funds to grow and expand its product in West Africa. The company operates in the B2B payments sector an... |
| Jul 27, 2021 | African startups join global funding boom as fintech shines | The Exchange is on a trip around the world, poking our heads into various startup markets to better understand how different geographies are faring during a historic boom in venture capital activity. Globally, the venture capital world is a... |
| Jul 8, 2021 | African startups have raised over $1 billion in H1 2021, more than double H1 2020’s figures | Share this article:
According to data from Maxime Bayen, Senior Venture Builder at BFA Global, African startups raised $1.19 billion in the first half of 2021.
🚀🌍In H1'21, startups in Africa have raised more than they had raised in H1'19 an... |
| Africa’s tech story – hype or substance? | Leo Komminoth
January 26th 2023 •
Africa •
Technology & Information
Africa’s tech and startups coverage has grown massively over the past few years.
Influential media such as Nigeria’s TechCabal and Techpoint, South Africa’s iAfrikan, a... |
