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Tagaddod
Collects and processes renewable feedstocks for biofuel and sustainable aviation fuel production.
Series AOkt 2025EG
Nile
Agritech company operating a digital agricultural marketplace.
UndisclosedJun 2025ZA
Yola Fresh
Supply chain and logistics tech startup revolutionizing agricultural operations across Africa.
Series AApr 2025MA
Hydrobox
This startup raised $9 million to drive sustainable energy solutions.
UndisclosedDes 2024
HUB2
Unified API for banks and financial services providers in Africa.
Series ADes 2024CI
Paymob
Payment solutions provider facilitating seamless transactions for businesses across various channels.
Series BSep 2024EG
FIDO
Digital lending company using AI to assess creditworthiness and provide instant access to credit.
Series BAgo 2024GH
Starsight Premier Energy Group
DebtJul 2023KE
Sun King
The world’s largest off-grid solar energy company revolutionising energy access across Africa.
DebtJun 2023KE
Mawingu Networks
Mawingu Networks builds fast internet networks in rural Kenya using wireless technology and solar power.
Series BFeb 2023KE
The last two weeks have seen fewer headline deals than a typical African startup week, though activity from last week was still stronger than the lull from the week preceding it. Investments touched fintech, mobility, and clean energy, with Bluworks, Wahu Mobility, and Plentify leading the rounds. Institutional fund commitments added scale, but overall, the […]
AU-Startups·26/11/2025
Africa’s investment scene held steady this week, riding on the back of impressive performances by companies in the clean energy, climate tech, and mobility sectors. The major highlights include Kenya’s e-mobility sector and Egypt’s solar expansion as investors keep betting on climate-aligned ventures. Additionally, there were indications of rising interest in companies offering financial inclusion […]
AU-Startups·4/11/2025
Compared to the run of activities over the last month, African startup funding moved at a slower pace last week, with only three startups making the headlines. The few funding activities featured startups in AI, clean energy, and fintech industries. Most notably, Egyptian cleantech company, Tagaddod, raised over $20 million while Pozi and Sabika also […]
AU-Startups·14/10/2025
Last week, it was the Northern region of Africa that took the headlines in the startup funding scene. This week, the party was in the South, as South African startup companies dominated fundraising activities across the ecosystem. It started with coding education company WeThinkCode securing a $2 million grant from Google and ended with DevOps […]
AU-Startups·14/6/2025
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·9/4/2025
The African startup ecosystem had a lull in its funding activities going into the first week of March. There were only three startup funding rounds recorded throughout the week, while LoftyInc took the headlines for securing its largest capital funding ever. Find the details of all the funding activities in the African tech startup ecosystem […]
AU-Startups·7/3/2025
Prominent venture capital firm, LoftyInc Capital, has announced the first close of its third fund. The $43 million Alpha fund, which happens to be the VC’s largest fund ever, came off the backing of major development finance institutions, including International Finance Corporation (IFC), Proparco, Dutch development bank FMO, AfricaGrow, and First Close Partners. Other limited […]
Last week, African startups and investors witnessed significant funding milestones, showcasing the ecosystem’s resilience and growth potential. From Nigeria’s Billboxx securing $1.6M to Senegal’s Eyone raising $1M for healthcare solutions to the REPP 2 Fund’s remarkable $107M first close, these developments signal a strong trajectory for innovation and impact-driven ventures across the continent. Here’s a […]
AU Startups·13/12/2024
The past week has been eventful for the African startup funding scene, with several innovative companies securing significant investments to scale their operations and expand their impact. Notable among these are Hydrobox, which raised $9 million to drive sustainable energy solutions, and HUB2, securing $8.5 million to enhance financial infrastructure in Africa. Other startups like […]
AU Startups·6/12/2024
100 Ventures
100 Ventures is an Egyptian venture capital firm that participated in a seed round for Glamera, an Egypt-born SaaS startup providing B2B services to beauty and lifestyle service providers and a B2C marketplace for consumers to find and book sessions with such providers. The funding will be used to continue developing and launching new services, as well as expanding into additional GCC markets.
1984 Ventures
1984 Ventures invests in early-stage startups, as evidenced by their participation in pre-seed and seed rounds. They co-invested in Sylndr's $12M pre-seed round. The firm appears to be sector-agnostic, with investments spanning e-commerce, automotive marketplaces, and other industries within the African tech ecosystem.
212
212 invests in companies like Flow48, a fintech company that leverages AI-powered data analytics and risk assessment to provide alternative financing solutions for SMEs across emerging markets. Through its platform, the company offers revenue-based financing and embedded finance solutions, allowing businesses to access capital without diluting ownership.
212Founders programme
212Founders is an accelerator program that invests in early-stage startups. They provide resources and mentorship to help startups grow and scale their businesses. They invested in Crealo, a copyright management solution for cultural and creative institutions.