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Africa’s startup ecosystem is thriving with innovative ideas and entrepreneurial spirit. From fintech and agritech to healthcare and renewable energy, entrepreneurs across the continent are getting due credits for creating tech-enabled solutions to local challenges while driving economic growth. But behind many of these success stories are venture capitalist firms and investors that provide funding, […]
AU Startups·5/31/2023
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·12/9/2022
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·11/25/2022
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.