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Global tech, startups & capital — covered for Africans.

442 stories in the archive · page 7 of 22

Ecosystem Insider

Issue #88: Pineapple benefits from the Largest insurtech fundraising in Africa as Pricepally and others also secure significant financing

Last week saw a flurry of financing activities in Africa, with eight companies securing funds from multiple investors. Pineapple had the largest Insurtech funding round in Africa, as it raised $21.5 Million. Welltec also secured $5.4 Million, Pricepally got a seed funding of $1.3 Million while Shekel Mobility raised $7.2 Million in a mix of […]

AU-Startups·11/20/2023

AU-Startups Watchlist Energy Startups in East Africa

East Africa Watchlist

9 Energy Solutions Startups Redefining Energy Supply and Management in East Africa

In East Africa, a wave of innovation is reshaping the energy landscape, with startups at the forefront, redefining energy supply and management across the region. These companies are tackling energy shortage and inaccessibility challenges, especially in rural areas. Here, we’ve identified nine energy startup companies actively revolutionizing energy generation, distribution, and management in the region. […]

AU-Startups·11/17/2023

Entrepreneurship

The Founder’s Balancing Act

When you first start your entrepreneurial journey, everything revolves around a single idea, a vision you’re determined to bring to life. But as you get deeper into the process—building, launching, and scaling your venture—you quickly realize that the world doesn’t always align with your plans. One of the hardest lessons founders learn is that your […]

AU-Startups·11/16/2023

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Ecosystem Insider

Issue #96: Apollo Agriculture raises $10m in a mix of debt and equity, DXwand secures $4m while Crealo obtains seed funding of $1.42m

Last week, the African startup ecosystem witnessed eight funding deals, with Apollo Agriculture’s $10 million debt and equity round being the most significant. Other notable fundraising deals include InspiraFarms raising EUR 1 million, DXwand with $4m, and Crealo with $1.42m. The other four companies also raised funds as discussed in details below. Funding Apollo Agriculture […]

AU-Startups·1/29/2024

Ecosystem Insider

Issue #95: Watu Credit secures $15M, Zeal raises $4M, while Ezdehar invests $10m in Yodawy

Continuing the trend from the first two weeks of January, last week saw multiple big-money investments in the African startup ecosystem. The biggest funding activity involved Watu Credit securing $ 15 million from Gateway Partners, Ezdehar invested $10 million in Egyptian health tech giant Yodawy. Elsewhere, Shamba Pride raised $ 3.7 million in a mix […]

AU-Startups·1/23/2024

Learn

Navigating the Early Days: Tips for First-Time Founders

Launching a startup is an exciting yet challenging journey. As a first-time founder, you’ll need to make critical decisions around product development, team-building, funding, and customer acquisition. While there’s no single path to success, focusing on core strategies can help you avoid common pitfalls and build a thriving business. This guide provides actionable insights and […]

AU-Startups·1/18/2024

Ecosystem Insider

Issue #94: Huge Start to the new year as 10 startups secure funding within the first two weeks of January.

What a way to start the new year! Only two weeks into 2024 and we have already witnessed several interesting startup funding deals in the African Ecosystem. While the details of many of these investments aren’t public information yet, it’s interesting to know that we are off to a great start in the African startup […]

AU-Startups·1/15/2024

Ecosystem Insider

Issue #93: E-Mobility, Ampersand secures $19.5M in a mix of debt and equity financing as four other startups also raised significant funding.

Last week’s funding activities saw a couple of big-money investments and a few more respectable funding rounds. Rwandan e-mobility startup Ampersand obtained $19.5 million to scale its EV charging solutions, while agri-food tech Koa had a series B funding round of $15 million. In addition, Cloudline raised seed funding of $6 million, iSchool secured $4.5 […]

AU-Startups·12/26/2023

THRIVE-Academy-IV-for-Agri-food-Tech-Startups

Resources

Funding and Grant Opportunities for African Startups – Week 33

Welcome to a brand new edition of our Funding and Grant Opportunities Series, where we bring you the latest funding opportunities from across the continent, including seed funding, accelerator programs, and grant opportunities. Without breaking speed, let’s explore what new opportunities await African startups! Chat for Women’s Livelihoods Accelerator 2024 Applications are now open to […]

AU-Startups·12/21/2023

Partners

We are Excited to Partner with STEP 2024!

AU-Startups is excited to introduce our latest collaboration as media partners for STEP 2024!! Why You Be Excited In today’s rapidly evolving digital landscape, staying ahead of the curve is not just an advantage, it’s a necessity. Step Conference 2024, scheduled on 21-22 February 2024 in Dubai Internet City, is your golden ticket to the forefront […]

AU-Startups·12/19/2023

Ecosystem Insider

Issue #92: Copier Global obtained $20M, Divercity raised $29.8M, while Maka and two other startups secured significant funding.

We had more investors than startups and founders in action last week. At least twenty companies and individuals participated in five funding rounds. South African Proptech Divercity had the highest funding, raising just a little below $30 Million, Copier Global came close with $20 Million in funding; Maka and Tunl both raised Pre-seed funding of […]

AU-Startups·12/18/2023

Industry Insights

How the NIBSS Directive Affects Existing Digital Financial Solutions in Nigeria

The Nigerian fintech industry recently had a regulatory shakeup with the Central Bank’s NIBSS directive to purge all unlicensed digital money deposit operators from NIP funds payment channels. The memo, which was circulated to all relevant financial institutions and service providers on the 5th of December, 2023, states that “listing non-deposit-taking financial institutions such as […]

AU-Startups·12/16/2023

Resources

Funding and Grant Opportunities for Startups in Africa – Week 32

If you are an African startup founder looking for funding to scale your business, you should look into these programs. From equity investments and cash prizes to mentorship and technical support, each program provides unique benefits that could help your business grow. Misk Accelerator Program for Seed-Stage Tech Startups Misk accelerator is calling for seed-stage […]

AU-Startups·12/14/2023

Ecosystem Insider

Issue #91: Egyptian Mtor raises $2.8M and Basigo obtains a debt funding of $5M while seven other companies also secured financing from investors.

Last week was the busiest we’ve seen in a while in the African startup funding scenes. There were nine deals, five of which details are yet to be declared publicly. Of the other four, Bujeti secured $2 Million in equity funding, Tappi raised $1.5 Million, Mtor also raised $2.8 Million, and Mobility startup BasiGo obtained […]

AU-Startups·12/11/2023

Resources

Crucial Growth Factors Africa Should Incorporate From the Leading Startup Ecosystems in the World

The Startup Genome Ecosystem has released the 2023 Edition of its report, which ranks the top startup ecosystems globally. Like the previous years, Africa couldn’t break into the top 20 list with the top 5 leading ecosystems on the list being Silicon Valley in the first position, London and New York City sharing the second […]

AU-Startups·12/9/2023

Resources

Funding and Grant Opportunities for African Startups – Issue 30

Welcome to this week’s edition of the Funding and Grant Opportunities series. This issue features several funding and developmental opportunities from across Africa, including seed funding, accelerator programs, grant opportunities, and contests. Y Combinator Winter 2024 funding cycle ( Up to $500,000) Applications are open for Y Combinator’s Winter 2024 funding cycle which commences January […]

AU-Startups·12/6/2023

Ecosystem Insider

Issue #90: GoMetro raises $11.4 million series A funding, Kenyan Amini secures $4 million seed while TomorrowNow secures $5 million for Project Osiris

Several notable activities took place during the past week, similar to the previous week. Specifically, six funding rounds occurred. GoMtro had the highest funding round, securing $11.4 million, Amini also raised $4 million, TomorrowNow obtained $5 million for Project Osiris, while Cynoia secured $933,000 for its expansion plans. Funding Amini Funding round: Seed ($4 Million) […]

AU-Startups·12/4/2023

AU-Startups Watchlist Women led Startups in North Africa (1)

North Africa Watchlist

9 Women-Led Startups Developing Revolutionary Solutions In North Africa

North Africa is home to several dynamic startup companies that are thriving and providing innovative solutions to challenges in the region. However, the North African startup ecosystem is not the best in terms of diversity in leadership. Many startups in the region have male founders and CEOs. More often, the female co-founders take up other […]

AU-Startups·12/1/2023

Ecosystem Insider

Issue #89: Ed Partners and FrontEdge Secure $10 Million financing while Waspito raised $2.5 Million in Seed Extension funding

We had a moderate pace of events last week, which saw six funding deals executed in the African startup ecosystem. Ed Partners and Frontedge both secured $10 Million in financing. Aquarech obtained $1.7 Million to scale its digital fish farming solutions, Waspito had a $2.5 Million seed extension round, while Khula and WayUp had undisclosed […]

AU-Startups·11/27/2023

AU-Startups Watchlist Energy Startups in West Africa

West Africa Watchlist

9 Energy Solutions Startups Redefining Energy Supply and Management in West Africa

West Africa is a region with immense energy potential. With abundant renewable energy resources, such as solar, wind, and hydropower, it has the potential to become a global leader in clean energy production. However, the region also faces significant challenges in terms of energy access, affordability, and management. In recent years, a new wave of […]

AU-Startups·11/24/2023

Industry Insights

What You Need to Know about the Nigerian Startup Support and Engagement Portal

The Nigerian Federal Government, on the 21st of November 2023, announced the launch of the Startup Support and Engagement Portal, which was created to streamline startup identification and aggregation in the country. The portal is an implementary mechanism for the Nigeria Startup Act, signed into Law by former President Muhammadu Buhari on October 19, 2022. […]

AU-Startups·11/23/2023