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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.

    Fido Ghana Secures $5.5M Debt to Sharpen AI Credit Scoring for Africa’s ‘Invisible’ Borrowers

    While the global venture capital market remains selective, the appetite for African fintechs solving the "data gap" is showing resilience.
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    South African Pre-Seed Tech Startups Targeted in New Funding Drive

    The Seed Fund is designed as a follow-on funding mechanism for applicants who have successfully completed a Pre-Seed funded project.

    Despite Kyiv Office Launch, Africa Remains Main Investment Destination  for Swedfund— Including in Funds Targeting Startups

    Notable African investments in 2024 included a $5 million loan to Apollo Agriculture, an agri-fintech company operating in Kenya and Zambia, aimed at bolstering food security for smallholder farmers.

    Taiwanese Chip Giant Backs Egypt’s InfiniLink in $10M Seed Round to Tackle AI Data Bottleneck

    MediaTek already has a history of collaboration with InfiniLink.

    $200M Novastar Africa People and Planet Fund Draws Key European and Japanese Investors

    Novastar Ventures, with headquarters in the UK and on-the-ground presence in Nairobi and Lagos, screens over 100 startups annually.

    Toyota’s African Venture Capital Arm, Mobility 54, Names New Chief Executive

    The CVC's portfolio includes notable companies such as OnePort, Kai Senegal, InTouch, MojaRide, and BasiGo

    Local Investors to the Rescue as African Startups Fight for Venture Funding in March 

    Launch Base Africa data suggests a growing reliance on local capital as global venture funding faces geopolitical and economic uncertainties.

    From Barbados to Ban: Nigeria’s Solar Ambitions Face a Homemade Hurdle

    "Every potential ban in Nigeria has often begun with an intention."

    Tanzanian FMCG Distributor Sumet Technologies Raises $1.5m to Fuel Expansion

    Founded in 2022, Sumet leverages a technology-driven platform to connect FMCG brands with a network of over 6,500 active retailers spanning all 26 provinces of mainland Tanzania.

    Over 30,000 Petitioners Demand Justice for Nigerian Tech Founder Killed in Crash

    The brutal death of Adetunji Opayele, 32, a Nigerian co-founder and Chief Technical Officer of the thriving startup Bumpa, has ignited a national conversation about justice, accountability, and the value of human life.

    African Startup Deal Tracker — Newest Deals

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

    From Free to Fees: Egyptians Outraged as ‘Non-Profit’ Central Bank Turns Popular InstaPay Into a Profit Machine

    InstaPay, launched in April 2022 by the Egyptian Banks Company (EBC), the technological arm of the Central Bank of Egypt (CBE), quickly gained traction, amassing a user base of 12 million by the end of 2024.

    From Ghana to South Africa: The Quiet Powerhouse Mining African Startups for Potential Windfalls

    Beyond the well-documented influx of venture capital into the continent’s growing tech scene, a less visible but equally impactful dynamic is at play.

    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.

    Fido Ghana Secures $5.5M Debt to Sharpen AI Credit Scoring for Africa’s ‘Invisible’ Borrowers

    While the global venture capital market remains selective, the appetite for African fintechs solving the "data gap" is showing resilience.

    France’s Hummingbirds Raises $59M to Scale Carbon Credit Sales in Kenya and Across Africa

    Most carbon finance enters the market once a project is already operational. Hummingbirds is moving further upstream to address the supply-side bottleneck.

    The Diaspora Founder Formula Behind Côte d’Ivoire’s Most Prolific Venture Studio

    Mstudio now accounts for 68% of all disclosed pre-seed and seed rounds in the country.