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    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 Glitch in the System: Why SA Universities Are Turning Off the ‘AI Polygraph’

    “AI detectors do not know if a machine wrote a text; instead, they measure statistical signatures..."
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    $100K Up for Grabs: Timbuktoo HealthTech Hub Seeks Startups in African Healthcare

    The accelerator program is open to startups focused on a wide range of health technology areas.

    Flutterwave Expands African Reach with Ugandan License

    Flutterwave’s expansion into Uganda follows recent acquisitions of payment licenses in Ghana and Mozambique.

    Building Global Bridges: 60 Algerian Startups Learn from Asian Tech Giants under ASEP Program

    “These visits will offer startups a global perspective, allowing them to draw inspiration from international best practices,” said Sidali Zerrouki, CEO of Algeria Venture.

    Nigeria Grants First Crypto Exchange License to Quidax

    The SEC’s licensing follows a comprehensive amendment to its rules in June 2023, which addressed digital asset issuance, offering platforms, exchange, and custody.

    Logistics Startup Logidoo Debuts Afridoo, a One-Stop E-commerce Shop

    This strategic move marks Logidoo’s expansion into the digital commerce space, offering a one-stop solution for businesses of all sizes looking to establish or expand their presence in the booming African e-commerce market.

    Profit Over GMV: Wasoko and MaxAB Shift Focus in Landmark African E-Commerce Merger 

    The integration of their 16 subsidiaries across multiple countries involved a meticulous eight-month process, reflecting the complexities inherent in such large-scale deals.

    Startup Nurseries: The Companies Birthing the Next Unicorn Founders in Africa

    Understanding which African startups are fostering this upward mobility is crucial, as it not only hints at where the next generation of African founders will emerge but also reveals which companies might not enforce non-compete clauses or other restrictive legal terms.

    SA’s Omnisient Secures $7.5M to Help Banks Learn How People Spend Loan Money

    In essence, Omnisient is a company that helps financial institutions like banks and insurance companies make better decisions about who to give loans or insurance to.

    Baobab Network Expands Its Portfolio with New Investments Across Africa

    Baobab Network, a prominent venture capital firm dedicated to supporting innovative startups across Africa,...

    MEST Africa Challenge 2024 Seeks Agri-Tech Startups in West Africa

    The winner of the MEST Africa Challenge will receive $50,000 in equity capital, along with invaluable access to MEST’s extensive network.

    SA Digital Bank Discovery Bank Reaches One Million Clients, Two Years Ahead of Schedule

    Discovery Bank's unique rewards program, which offers incentives for healthy living and responsible financial behavior, has proven to be a popular feature among its customers.

    Untapped Global Invests in Elimutab to Boost Educational Access in Kenya

    Since its launch, Elimutab has made significant strides in the Kenyan education sector. The company has sold over 9,000 tablets and formed partnerships with more than 120 schools.

    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 Glitch in the System: Why SA Universities Are Turning Off the ‘AI Polygraph’

    “AI detectors do not know if a machine wrote a text; instead, they measure statistical signatures..."

    New CEO, $110M Mandate: responsAbility’s Plan to Mainstream Emerging-Market Climate Finance

    responsAbility is perhaps best known in impact-investing circles for its early backing of Greenlight Planet, the off-grid solar company that rebranded as Sun King.

    Pitch Decks vs. Prospectuses: The Messy Courtship of Africa’s Tech Scene and Old-Money Bourses

    From Windhoek to Lagos, stock exchanges across the continent are wooing startups with structured pipelines, listing incentives, and MOU ceremonies. The startups are mostly politely non-committal.