Tag: African startups

Both companies are working to fix the same broken pipe, just with different sets of tools and philosophies

Key highlights Africa secured US$3.6 billion in venture capital funding, including US$1.0 billion from venture debt. African investors formed the ...

This time, the axe has landed squarely on African soil

By the end of March, only $50 million had been raised, one of the worst months for African startup funding ...

Investors are pouring money into Africa’s innovation sector, not allowing the challenges sway them

Billion-dollar valuations coexist with underfunded infrastructure, and innovation thrives even with policy uncertainties

Nigeria led the funding sector in October, capturing 60% of the total amount raised; Fintech led the sector, accounting for ...

This expansion comes as local startups seek to cut costs due to the rising inflation and high interest rates

Founders must be citizens of an African Union member state

…$250,000, more up for grabs

The number of startups raising at least $100k remained stable, and the average deal size even held steady

The total funding raised by African startups in 2023 amounted to $3.2 billion, with Kenya overtaking Nigeria with $800 million ...

The firm’s goal is to support startups in sectors like fintech, edtech, medtech, and market-enabling solutions that promise strong returns ...

Google today unveiled the first cohort for its 'Google for Startups Accelerator: AI First' program. The 11 startups, picked from ...

Federal government of Nigeria has unveiled plans aimed at helping startups raise their yearly funding rounds to five billion United ...