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Africa is home to one of the fastest-growing startup ecosystems in the world. While the African tech startup industry has experienced some setbacks in the past few years, its overall growth in the past decade is nothing short of remarkable. This is thanks to the efforts of numerous tech solutions that have emerged as game-changers […]
AU-Startups·
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·
The implementation of the AfCFTA agreement aims to transform Africa into a consolidated market, providing easy access to trade for over 1.3 billion people across 55 nations on the continent with minimal restrictions. In essence, it hopes to transform Africa into the world’s largest free trade zone. While this accomplishment is undeniably impressive, several technological […]
AU Startups·
Last week was marked by a flurry of funding activities, with a total of eight deals ranging from pre-seed to series B. Notably, M-KOPA made headlines with its massive $255 million funding round, while Sabi secured an impressive $38 million in Series B funding, valuing the company at $300 million. Pre-Seed Amini, a Kenyan climatetech […]
AU Startups·
