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The African startup ecosystem, especially the mobility, clean energy, and fintech sectors, gained additional momentum last week with investors doubling down on participation in these thriving industries. Highlights include Anda’s €3M seed for Angolan motorcycle taxis, Sawa Energy’s €2.5M solar expansion, and nextProtein’s €18M Series B in Tunisia. These deals signal sustained investor appetite for […]
AU-Startups·13/11/2025
This week, we saw fresh funding flow into energy, fintech, and climate tech startups across Africa, as investor confidence remains strong. Nigeria’s Arnergy secured a $15M Series B to scale clean energy solutions, while Vove ID and Octavia Carbon closed undisclosed rounds to drive innovation in digital identity and carbon removal tech. Meanwhile, Twiga Foods […]
AU-Startups·19/4/2025
A lot has been said about the recent resurgence in funding activities across Africa’s startup ecosystem. But most of the credit has been attributed to the companies on the receiving end of the deals. Of course, it’s vital to give due credit to their innovative solutions, visions, and results that have encouraged investors to believe […]
AU-Startups·25/3/2025
The African startup ecosystem is on an impressive resurgence through the first three months of 2025. Over the first 10 weeks of the year, the industry recorded close to $450 million worth of funding deals —a remarkable increase compared to the previous year. Unsurprisingly, nearly 70% of this funding originated from the continent’s ‘Big Four’ […]
AU-Startups·19/3/2025
Several African startups have in the previous few years demonstrated remarkable innovation in addressing the continent’s most pressing challenges, from energy access and healthcare to financial inclusion and sustainable transportation. These companies were not only raising funds off the back of empty promises and shallow remedies, they were creating effective solutions to real problems. Thanks […]
AU-Startups·4/2/2025
The African tech industry has only produced nine unicorns to date. Despite massive growth in funding and investment support from internal and external sources over the years, only a handful of companies have crossed the highly coveted $1 billion valuation mark. Admittedly, various factors influence the ability of African tech companies to reach this status. […]
AU-Startups·28/1/2025
While it’s still early days, the African startup ecosystem seems set to experience a remarkable resurgence in 2025. Just this week, there were 11 announced funding deals across Africa. The early signs are encouraging and provide a good reason to believe this would be an amazing year for emerging tech solutions in Africa. As the […]
AU-Startups·24/1/2025
As 2024 comes to a close, we look back on a year marked by global economic upheaval resulting from inflation, widespread market volatility, and a general slowdown in business investments. The global startup ecosystem felt the impact of the global economic drawback with African startups facing particularly tough challenges. Basically, 2024 gave us a reality […]
AU Startups·15/11/2024
The Central Bank of Nigeria released a circular on Monday, May 6th, instructing all banks to commence deducting a 0.5% cybersecurity levy on all electronic transactions processed from accounts domiciled with them. The directive will take effect two weeks from Monday, May 20th, 2024, and will affect all commercial, merchant, non-interest, and payment service financial […]
AU Startups·9/5/2024
Pulley
Pulley provides tools for startups to manage their cap table.
Kudi
Kudi changed its name to Nomba to expand its services to more businesses.
BetDemand
A DeFi platform offering no-loss crypto staking for predicting game outcomes.
Laboremus
B2B fintech company creating financial technology solutions for clients in East Africa and Europe.
Masa Finance
Hybrid credit protocol and decentralized credit bureau.
Kwaba
Fintech startup providing savings, loans, and installment payments for homes.
Radar
A South African HR and payroll startup.
SnapScan
Mobile payments provider SnapScan acquired HR and payroll startup Radar.
