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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.

    Over $500M Lost in Two Years: Eight Graphs That Map the Blind Spots Behind Recent African Startup Collapses

    The period between early 2024 and mid-2026 has been the most unforgiving in the short history of African venture-backed entrepreneurship.
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    Africa’s Top VCs Place Their Bets on Stablecoins via a $4.9M Round for Kenyan Fintech HoneyCoin

    The round was led by global fintech investor Flourish Ventures, with participation from major Africa-focused VC firm TLcom Capital.

    Ghana’s $8.1B Pension Giants Eye Private Markets. Are VCs on Their Shopping List?

    The shift comes as total pension assets grew by a dramatic 39.5% in the last year, driven by stricter contribution enforcement.

    Forget the PhDs. Africa’s Top AI Founders Are Coming from Big Tobacco and Big Law

    The continent’s AI scene is being built by industry insiders.

    ADX vs Tadawul: How a Cairo Fintech Became Abu Dhabi’s Secret Weapon 

    This is a strategic play by Abu Dhabi to boost liquidity and challenge the dominance of Saudi Arabia’s exchange, the largest in the Arab world.

    In Africa’s Food Delivery ‘Graveyard’, VCs See Signs of Life with Chowdeck’s $9M Round

    Investors are betting that Chowdeck’s combination of local market expertise and disciplined execution can succeed where others have struggled.

    Sony’s First Africa Fund Cheques Aren’t for Content — They’re for the ‘Picks and Shovels’

    Sony has placed its latest chips on two companies solving foundational problems for Africa’s creatives.

    Africa’s Universities Are Birthing Deeptech Startups. But Who Should Be CEO?

    A new wave of deeptech startups is emerging from African university labs, but turning complex science into a global business often requires more than just a brilliant academic at the helm.

    Inside Ethiopia’s War on ‘Black Market’ US Fintechs

    An undercurrent of black market remittance activities threatens NBE's $900M remittance incentives.

    Jumia’s Pivot to First-Party Sales Pays Off as Brands Like Starlink and Adidas Fuel 47% Growth

    The African ecommerce company saw revenue jump 25% and says it's on track to hit breakeven by the end of 2026.

    Egypt’s State-Backed Incubator ITIDA More Than Doubles Seed Funding in Latest Cohort

    Eight startups have joined the latest one-year incubation cycle, developing solutions across healthtech, logistics, education, and e-commerce.

    Flood, a South African S-AaaS Startup, Raises $2.5m to Embed Ecommerce in Existing Apps

    The company helps telcos and banks in emerging markets turn their applications into digital marketplaces for offline merchants.

    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.

    Over $500M Lost in Two Years: Eight Graphs That Map the Blind Spots Behind Recent African Startup Collapses

    The period between early 2024 and mid-2026 has been the most unforgiving in the short history of African venture-backed entrepreneurship.

    From an Angry Post to a $50m Ribbon-Cutting: The Land Battle Behind an Egyptian Deeptech Scaleup’s $50m Factory

    Sixteen months later, on a hot July day in 2026, Egypt's finance minister, Ahmed Kouchouk, returned to a company whose public frustration had once laid bare the country's industrial bureaucracy.

    Why Kenya’s Crypto Clampdown Is a Fortress for Banks

    The new virtual asset rules demand high capital, local custody, and bank-held reserves - creating a moat that traditional lenders are perfectly positioned to fill.