Reflecting on 2024: Key Takeaways For the African Startup Ecosystem
As 2024 comes to a close, we look back on a year marked by global economic upheaval resulting from inflation,…
Investor Insights: Who’s Funding African Innovation?
The African tech ecosystem has experienced unprecedented growth over the past decade. What was once seen as an…
Issue #132: Zepz raises $267million as several other companies also secured significant deals
The last two weeks have seen a flurry of activities in the African startup funding scenes. Most notably, Zepz,…
Issue #131: Yellow and RDG Collective benefit from Acumen’s H2R initiative, Zeno raises $9.4 million, Userguest secure $2.4 million while Kofa obtains $5 million investment
For the second week in a row, there were more than five funding activities in the African ecosystem. Two…
Issue #130: LabLabee raises $3.4m, Settle Payments obtains $2m while five other companies also raised significant funding
Last week was a busy one for several investors and startups in the African ecosystems. No less than seven…
Issue #129: Paymob raised $22M, Talk360 secured $1.4M, while Field Intelligence gets $11M support from the Bill and Melinda Gates Foundation
This week’s African startup ecosystem news features funding announcements from three startup companies. Egyptian…
Issue #128: Fido raises $30m debt and equity series B fund, Rubyx secures $526k loan from Proparco while Brotinni and Kasha raised undisclosed funding.
This week, four companies received funding in equity and loans. Two of the companies, Egyptian mobile food…
Issue #127: Sukhiba Secures Additional $1.5M Seed Funding, Ampersand Raises $2M, While Arise Invests $7.5M in South-African Omnisient
Last week’s funding activities in the African ecosystem featured three companies securing equity and four…
Issue #126: FIDO Secures $10m Series B Fund, Workpay Obtains $5m, While KBW Ventures Makes its Debut Investment in NoorNation
Three funding activities were announced last week, one involved credit service company, FIDO, secured $10…
Issue #125: Fintech company, Waza Raises $8m and Open Access Energy secures $750k while others had undisclosed funding rounds
We recorded four funding activities last week involving Waza, Open Access, Energy, Wattnow, and Kredete. Waza…
Issue #124: Egyptian Lucky One Secures $3million, as Qardy Raises Pre-Seed Funding
For the second week in a row, Egyptian startups grab the headlines in the African startup funding ecosystem.…
Issue #123: Egyptian Startups Dominate as Cartona Raises $8.1m, Educatly Obtains $2.5m, and Synapse Analytics Secures $2m Funding.
Egyptian startups won big in the African funding scenes last week, taking four of the six announced rounds. B2B…
Founder Feature: Kidist Tesfaye CEO of YeneHealth
For the first edition of our founders feature, we’re having a chat with Kidist Tesfaye, the founder and…
Issue #122: Intron Health Raises $1.6 Million Pre-Seed Funding, One Acre Fund Secures $1.4 Million to Improve Agritech Solution
Last week, we recorded three funding deals across the African startup ecosystem. Nigerian AI startup, Intron…
Issue #121: MNT-Halan raises $157.5m for expansion, d.light secures $176m securitization fund and other funding news
We recorded several remarkable funding deals last week. The headline deal was d.light’s $176 million…