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    Staff Writer

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    The Field Is Not Level

    Ray Langa, Group CEO, Leagas Delaney, writes from South Africa
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    Acumen Commits $300M to Fund Agritech Startups Focused on Climate Adaptation in Africa

    The investments will focus on pre-seed, seed, and growth-stage startups across key regions, including West and East Africa, South Asia, and Latin America.

    Nigeria Devalues Local Currency by 75% in 2025 Budget: Tech Industry on Red Alert

    The startup ecosystem, once a magnet for foreign capital, has been decimated.

    Egyptian and Nigerian Fintechs Return to Local Debt Markets Amid Stricter Fundraising Rules

    The reliance on local debt instruments is not new for African startups.

    Egypt’s Swvl Raises $4.7M for US Market Expansion

    Swvl intends to channel the proceeds into working capital and operational expansion, particularly in regions with high growth potential.

    Swvl Secures New $4.2 Million in Egyptian Contracts as Questions Surround Financial Stability

    The contracts come on the heels of Swvl’s strategic five-year deal with e& Egypt, a telecommunications leader, valued at up to $6.3 million.

    Kenyan Agtech Firm Continental Seeds Secures Funding to Deliver ‘High-Quality Seeds’ Across East Africa

    The capital injection from Kua Ventures will enable Continental Seeds to scale its operations, reach more farmers, and encourage youth participation in agriculture.

    Orange Egypt Targets African Startups with $52M Fund

    Orange Egypt’s new initiative builds on the foundations of Orange Ventures, the €350 million corporate venture fund launched in 2021.

    dLocal Sees 80% Revenue Loss in Nigeria – Egypt’s Boom Keeps Africa Profitable

    Nigeria, hitherto Africa’s largest economy, painted a grim picture for dLocal. Revenues fell to $2.1 million in Q3 2024, a mere 1% of total company revenues, down from $55 million during the first nine months of 2023.

    Kenya Struggles to Deliver on Key Digital Nomad Visa

    Kenya’s announcement of a Digital Nomad Work Permit in October 2024 garnered widespread attention...

    Al Mada Ventures Takes Control of Moroccan Agritech Startup Yola Fresh

    Although YoLa Fresh is registered as a U.S.-based entity, its operations and market are primarily localized in Morocco, granting the Moroccan Competition Council oversight in assessing its market impact.

    With Over $160M Deployed Globally, develoPPP Ventures Opens Doors to Startups in Côte d’Ivoire

    develoPPP Ventures, which has already seen success in other major African markets — including Ghana, Nigeria, Kenya, Tanzania, Rwanda, and South Africa.

    Latest articles

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    The Field Is Not Level

    Ray Langa, Group CEO, Leagas Delaney, writes from South Africa

    Fintech Walletdoc Steals March on Rivals With Visa Biometric Rollout in South Africa

    The local payments gateway is swapping frustrating bank redirects for Face ID in a bid to slay cart abandonment.

    From DFS Lab to Mubadala: The Rare Repeat Alliances Funding African Tech in 2026

    An analysis of disclosed funding rounds in 2026 shows that despite the proliferation of mega-syndicates, only a handful of investors repeatedly co-invest together.