Auto-discovered — editorial review pending
According to data published by 54collective, about 1 in 5 startups fail within their first year of operation, and 50% don’t make it past five years. These sobering statistics highlight just how difficult it is for startups to survive in their formative years; Even more so in the African tech ecosystem, where volatile economies, infrastructure […]
AU-Startups·4/9/2025
The African startup ecosystem is on an impressive resurgence through the first three months of 2025. Over the first 10 weeks of the year, the industry recorded close to $450 million worth of funding deals —a remarkable increase compared to the previous year. Unsurprisingly, nearly 70% of this funding originated from the continent’s ‘Big Four’ […]
AU-Startups·3/19/2025
The African startup ecosystem maintains its strong funding momentum for yet another week as it continues to attract significant investor interest. This week’s funding rounds span multiple sectors including fintech, e-commerce, mobility, and healthcare. The deals recorded include multi-million-dollar seed rounds and institutional funds fueling growth which continue to signal strong confidence in Africa’s innovation […]
AU-Startups·2/14/2025
Last week we recorded four funding deals in the African startup ecosystem. Kenya’s health-focused startup, Hewatele, secured $20 million to improve its medical oxygen production facilities. SunCulture, also raised $27 Million to further scale its IoT-enabled solar energy systems. The other two companies, Affinity Ghana and Inputi had undisclosed rounds. Funding Hewatele Funding round: $20 […]
AU Startups·4/16/2024
Pulley
Pulley provides tools for startups to manage their cap table.
Kudi
Kudi changed its name to Nomba to expand its services to more businesses.
BetDemand
A DeFi platform offering no-loss crypto staking for predicting game outcomes.
Laboremus
B2B fintech company creating financial technology solutions for clients in East Africa and Europe.
Masa Finance
Hybrid credit protocol and decentralized credit bureau.
Kwaba
Fintech startup providing savings, loans, and installment payments for homes.
Radar
A South African HR and payroll startup.
SnapScan
Mobile payments provider SnapScan acquired HR and payroll startup Radar.
