Auto-discovered — editorial review pending
We had a major upturn of events over the last week on the African funding scenes with capital flowing across multiple fronts. The funding rounds featured startups building financial access, clean energy, and enterprise software. Most notably, Kuunda, Chari, and Nanovate secured major rounds while Adenia Partners expanded its insurance footprint and FUNGUO grew its […]
AU-Startups·
The African startup funding scene has taken on a more subdued pace through Q2 2025. This slowdown is especially evident with only seven major funding round announcements recorded in the first half of May. Interestingly, North African heavyweights—Nawy, MNT Halan, Konnect, iSupply, and Career 180—dominated the headlines. Dive into the details of these funding rounds […]
AU-Startups·
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·
We recorded several remarkable funding deals last week. The headline deal was d.light’s $176 million securitization funding led by African Frontier Capital. It was followed closely by MNT-Halan’s $157.5 Million expansion funding which featured numerous investors. In total, there were seven funding announcements including Dopay’s $13.5m and Terrapay’s $95m debt financing. Bio-Logical also obtained $1.3m […]
AU Startups·
Last week was a good one for Mobility startups in Sub-Saharan Africa. Two mobility startups – BasiGo and CloudFret, raised significant capital ranging in millions. Egyptian super-fintech MNT-Halan raised an additional $130 Million through security bond issuance, Jobjack secured $2.1 Million in its pre-series A funding round, while Maisha Meds secured $ 5 million from […]
AU Startups·
This week was a great week for the African startup ecosystem, with approximately $450 million raised in funding and 18 startups raising funds. The year’s first African unicorn was minted, and 12 early-stage startups received funding through ARM Labs’ new Techstars Accelerator in Lagos. Overall, it was a fantastic week. Let’s get into the details. […]
AU Startups·
