Ikoranabuhanga, ibigo bishya n'imari ku rwego mpuzamahanga — ku Banyafurika.
442 stories in the archive · page 19 of 22
Building a sustainable business takes more than a good idea.
AU Startups·13-01-2023
We recorded a number of funding deals across the African startup ecosystem since the beginning of the year, with the largest being Jetstream’s $13M Pre-Series A deal. Notably, BioNTech also recently acquired Tunisian AI startup InstaDeep in a deal worth $684 million, making it Africa’s biggest exit till date. Our H2 2022 Funding Review is […]
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FemTech Start-up Acceleration Program for Founders or CEOs Building Products and Solutions for Women’s Health This is a 9-month equity-free FemTech start-up acceleration program for companies developing innovative solutions to improve technologies relating to women’s health with international reach. Benefits: 9 months of tailored coaching and specialized workshops, access to potential customers through international collaborations, […]
AU Startups·11-01-2023
AU Startups·08-01-2023
Let’s round up the week by going through the funding data from across the African startup landscape in the second half of 2022; but this time viewing it through the lens of sector funding. Fintech In the fintech sector, for example, there were 40 deals in total, with 37 of them being disclosed. These deals […]
AU Startups·06-01-2023
AU Startups·05-01-2023
HICOOL 2023 Global Entrepreneurship Competition for African Startups HICOOL Global Entrepreneur Summit and Entrepreneurship Competition aims to build a multi-level, multi-dimensional, and diversified international entrepreneurial model, seeking high-quality startups worldwide, and facilitating entrepreneurs to grow and expand their businesses in Beijing. Benefits:$10 million prize pool, permanent residency support, brand exposure in China, social insurance support, […]
AU Startups·04-01-2023
Exploring the Venture Capital Investment Landscape for African Startups in Q3 and Q4 2022 The data* from Q3 and Q4 of 2022 reveals some interesting trends in African startup funding. The fintech sector saw a 46.2% decrease in funding between Q3 and Q4, raising questions about investor sentiment in the sector. In contrast, the logistics […]
AU Startups·22-12-2022
Over the past week, several companies in various sectors, including e-commerce, restaurant logistics, healthcare, cleantech, furniture, and fintech, received funding. The largest deal of the week was Sun King’s $70 million Series D extension round. Finclusion Group also rebranded as Fin. Let’s get into the details. Pre-Seed Egyptian restaurant logistics start-up Suplyd has raised $1.6 […]
AU Startups·16-12-2022
In today’s landscape, data is one of the most powerful assets an entrepreneur can have. But let’s be honest: it’s not the data itself that matters—it’s what you do with it. Collecting numbers, charts, and metrics means nothing if you’re not using that information to make smarter, faster decisions. Too often, founders get stuck chasing […]
Yusuf Fahmy is the founder and CEO of Conix, an Egyptian proptech startup that uses AI to generate designs and adaptive materials for real estate developers and architects. Yusuf is a practicing architect who developed the AI technology that powers Conix and used it for his own work on international projects before deciding to build […]
AU Startups·13-12-2022
This week saw a significant increase in funding activity across the continent, with seven deals recorded in the seed funding category alone. The largest deal recorded was Moove’s $30 million sukuk issuance. Let’s get into the specifics. Funding Pre-Seed VENCO, a Nigerian proptech startup, has raised $670,000 in a pre-seed funding round led by Zrosk […]
AU Startups·09-12-2022
This week was a little slow for funding in the African startup ecosystem, with only six deals recorded throughout the week. We did, however, record a significant raise in Solarise Africa’s debt financing deal. Let’s get right into the details. Pre-Seed Badili, a smartphone recommerce startup based in Kenya, has received $2.1 million in pre-seed […]
AU Startups·02-12-2022
We saw a lot of venture fund activity this week, with Modus appearing on our radar for the second week in a row, this time for launching a venture builder in Egypt. We also recorded a large deal in Ramani’s $32 million Series A round. Pivo, a female-led fintech, also raised $2 million in seed […]
AU Startups·25-11-2022
This week was relatively slow, with 7 funding deals across the African startup ecosystem, three of which came from Kenya. Design, agritech, mobility, and e-commerce are among the sectors that have received funding. Let’s go straight into the details. Funding Pre-Seed CONIX.AI, a UK-based and Egypt-founded design tech startup, has raised $1.3 million in […]
AU Startups·18-11-2022
This week saw eight funding deals, three of which were pre-seed rounds. This week’s rounds were also diverse, including startups from the Big Four (Egypt, South Africa, Kenya, and Nigeria), Rwanda, Algeria, and Morocco. Let’s get right into it! Funding Pre-Seed Eden Care, a licensed digital insurer based in Rwanda, has completed a pre-seed […]
AU Startups·11-11-2022
Welcome to the AU-Startups Weekly Newsletter issue for this week. We’ve been busy this week highlighting some of the outstanding founders and startups that raised funds in the last month. As our AU-Startups Founder of the Month, we profiled Sophia Alj, co-founder and COO of Chari, and Kenyan furniture startup, MoKo Home + Living, as […]
AU Startups·04-11-2022
In May last year, the Nigerian presidency launched the Nigeria Startup Bill project, in collaboration with a group of Nigerian tech CEOs and other government entities, to co-create laws and regulations that would help maximize the potential of the country’s digital economy. The bill’s goal was to establish a conducive environment for Nigerian startups to […]
Sophia Alj is the co-founder and COO of Chari, a B2B e-commerce/fintech startup in Morocco that digitizes the procurement process for traditional retail stores. She worked as a strategy consultant for McKinsey for four years before deciding to co-found Chari with her husband, Ismael Belkhayat, in 2019. Chari participated in Y Combinator’s summer 2021 batch […]
MoKo Home + Living is a Kenyan furniture startup specialising in home furniture manufacturing and retailing. Eric Kouskalis and Fiorenzo Conte founded the company in 2014 to provide high-quality furniture and ensure its customers’ convenience. To accomplish this, the company began as Watervale Investment Limited, tackling the problems with raw material supply for the furniture […]
AU Startups·03-11-2022