While the spotlight often shines on headline-grabbing mega-rounds, the bedrock of Africa’s rapidly growing startup ecosystem lies in the consistent flow of smaller (or missed bigger rounds), yet equally vital, investments. This week’s edition of the African Startup Deal Tracker delves into these under-the-radar transactions, encompassing pre-seed funding, angel investments, and strategic acquisitions that collectively paint a picture of sustained growth and investor confidence across the continent. These deals, spanning diverse sectors from agri-tech to legal tech, highlight the ingenuity of African startup founders and the breadth of opportunities being seized.
Here’s a closer look at the notable under-the-radar investment activity we’re tracking this week:
MOPO (DRC)
Investment: Strategic Investment (Undisclosed).
Investors: Octopus Energy Group.
Sector/Focus: Clean Tech / Energy Solutions. Providing pay-per-use, solar-powered batteries as a clean, affordable alternative to generators for individuals and businesses in Sub-Saharan Africa facing unstable or no grid access.
Country of Operation: Operates across Sub-Saharan Africa, including Nigeria, Democratic Republic of Congo, Sierra Leone, and Liberia.
Purpose: To accelerate Africa’s electrification journey with renewable solutions, scale the provision of clean, reliable energy to underserved communities, and expand access globally.
Vastpoint (South Africa-based)
Investment: Strategic Funding (Undisclosed).
Investors: Vital Capital.
Sector/Focus: Land Management & Geospatial Solutions / Impact Investing. Transforming land use, ownership, and management to create transparent, inclusive, and effective land systems, while increasing property tax collection.
Country of Operation: Operates across Africa, Asia, and Latin America, with the startup based in Johannesburg, South Africa.
Purpose: To scale efforts in key markets where unclear land tenure hinders economic development, environmental resilience, and social inclusion.
OceansMall
- Investment: $150,000 in convertible debt, including technical assistance and market access support.
- Investor: GBHub Africa.
- Sector/Focus: Agritech / Digitizing the seafood supply chain to reduce post-harvest losses by connecting fisherfolk directly to businesses and consumers through a digital platform and cold chain logistics.
- Country of Operation: Ghana.
- Purpose: To expand operations, scale its cold chain logistics, and further develop its digital platform, “Pinwheel,” to improve income for fishers and reduce waste in the fisheries industry.
Darwinz AI
- Investment: $325,000 in a seed funding round.
- Investors: Flat6Labs KSA and Glint Ventures.
- Sector/Focus: Artificial Intelligence / Providing an AI copilot (“Dima”) for marketing and PR teams to track brand sentiment, detect crises, and analyze media coverage in real-time.
- Country of Operation: Egypt, with operations across 6 MENA countries.
- Purpose: To drive expansion into the GCC region, further develop the “Dima” platform, and prepare for global expansion in 2026.
Mekka Group
- Investment: Strategic investment. The specific amount was not disclosed, but Fuze by Digital Africa invests up to $100,000 per deal.
- Investor: Digital Africa.
- Sector/Focus: Fintech / B2B electronic payments, simplifying the exchange of orders, invoices, and payments for businesses of all sizes, from large corporations to small informal merchants.
- Country of Operation: Democratic Republic of Congo (with a pan-African ambition).
- Purpose: To accelerate the deployment of its payment platform and more effectively support the digital transition of businesses across Africa.
Pryme
- Investment: A £10 million commitment, contingent upon the successful completion of a larger £30 million capital raise.
- Investor: Black Water Fund.
- Sector/Focus: Fintech / A financial platform for globally mobile entrepreneurs and SMEs, aiming to unify invoicing, cross-border payments, embedded credit, and ERP systems into a single experience.
- Country of Operation: United Kingdom (headquartered), with operational roots and focus in Africa.
- Purpose: To secure a cornerstone for its £30 million round, which will be used to scale operations and acquire an enterprise platform in Canada to expand into the North American market.
KIMS Microfinance
- Investment: $1 million structured as a Sharia-compliant transaction, along with an additional $250,000 in technical assistance and grants.
- Investor: Acumen (via its Hardest-to-Reach initiative, with support from UK aid).
- Sector/Focus: Financial Services & Energy / Scaling off-grid solar financing to address energy poverty by providing clean energy access to households and businesses.
- Country of Operation: Somalia.
- Purpose: To scale KIMS’s solar financing business to meet unmet demand for clean energy, with a target of reaching 17,000 people and 440 businesses, and to build out the necessary inventory and credit systems to support this growth.
Mariseth Farms
- Investment: $1 million working capital loan.
- Investors: A consortium including RDF Ghana and ABSA Bank Ghana.
- Sector/Focus: Agribusiness / Crop aggregation and enhancing fair market access for smallholder farmers, with a particular focus on women.
- Country of Operation: Ghana.
- Purpose: To scale crop aggregation, expand in-house production, grow its network of smallholder suppliers, and secure new partnerships with buyers (offtakers).