Reflecting on 2024: Key Takeaways For the African Startup Ecosystem
As 2024 comes to a close, we look back on a year marked by global economic upheaval resulting from inflation,…
Browsing Tag
Funding
33 posts
Investor Insights: Who’s Funding African Innovation?
The African tech ecosystem has experienced unprecedented growth over the past decade. What was once seen as an…
Issue #131: Yellow and RDG Collective benefit from Acumen’s H2R initiative, Zeno raises $9.4 million, Userguest secure $2.4 million while Kofa obtains $5 million investment
For the second week in a row, there were more than five funding activities in the African ecosystem. Two…
Issue #129: Paymob raised $22M, Talk360 secured $1.4M, while Field Intelligence gets $11M support from the Bill and Melinda Gates Foundation
This week’s African startup ecosystem news features funding announcements from three startup companies. Egyptian…
Issue #128: Fido raises $30m debt and equity series B fund, Rubyx secures $526k loan from Proparco while Brotinni and Kasha raised undisclosed funding.
This week, four companies received funding in equity and loans. Two of the companies, Egyptian mobile food…
Issue #127: Sukhiba Secures Additional $1.5M Seed Funding, Ampersand Raises $2M, While Arise Invests $7.5M in South-African Omnisient
Last week’s funding activities in the African ecosystem featured three companies securing equity and four…
Issue #126: FIDO Secures $10m Series B Fund, Workpay Obtains $5m, While KBW Ventures Makes its Debut Investment in NoorNation
Three funding activities were announced last week, one involved credit service company, FIDO, secured $10…
Issue #125: Fintech company, Waza Raises $8m and Open Access Energy secures $750k while others had undisclosed funding rounds
We recorded four funding activities last week involving Waza, Open Access, Energy, Wattnow, and Kredete. Waza…
Issue #121: MNT-Halan raises $157.5m for expansion, d.light secures $176m securitization fund and other funding news
We recorded several remarkable funding deals last week. The headline deal was d.light’s $176 million…
Issue #120: Nala raises $40 million, Uncover secures $1.4 million, and more
We recorded four deal activities in the African startup ecosystem last week, the most impressive of which was…
Issue #119: South African Pumpkn gets backed by Renew Capital, Farm to Feed also secures funding while EdVentures invests $400k in El Kheta
We noted three funding activities in the African startup ecosystem last week, two of which their details were…
Issue #116: Egyptian startups win big as Sahl secures $6 million, i’Supply raises $2.4million and TPP also secured funding to scale its solutions
Egyptian startups dominated the African funding scenes last week. Three of the four announced funding deals…
Issue #108: Pula raises $20 Million, Folklore Secures $3.4 million, while Roscas and the Potcast Production Had Undisclosed Rounds
There were four funding rounds in the African tech startup ecosystem last week. Most notably, Agri-insurance…
Issue #103: Simera Sense raises $14.7m, Planet42 gets $16m from Standard Bank, Dodai secures $4m, and 3 others also obtained significant funding.
The African startup funding landscape had an impressive run of events last week as 7 startups raised funding.…
Issue #102: Nigerian MDaaS secures $3m, Tookeez raises $1.5m while RecoMed raises an undiclosed amount from Eisei
Similar to the previous couple of weeks, we only recorded 3 funding deals in the African startup ecosystem last…