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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.

    Ghost Workers, a BMW X5, and $700K Missing: The Insider Fraud Rocking Francophone Africa’s HR Darling

    Socium, founded in 2021 by Samba Lo and Serigne Seye, provides payroll, recruitment and workforce management software to businesses across 21 Francophone African countries.
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    Billionaire-Funded Program Offers $2m Equity-Free to African AI & Manufacturing Startups

    While Africa is home to nearly 18% of the world’s population, it contributes less than 2% of global manufacturing output.

    E3 Capital, Norfund Dominate Investor Activity as African Startups Raise Over $800M in Q2

    But beyond the funding volume, a deeper pattern is emerging.

    A Farewell to Okra, Nigeria’s Once Bright API Startup

    At the time we reported on Nigerian cloud startups rallying behind some proposed data rules to escape the claws of foreign hyperscalers, something about the mood felt slightly off.

    Can Jumia’s Cairo Mega Warehouse Turn the Tide for Africa’s Leading Online Retailer?

    Egypt is one of Jumia’s core markets and home to a major tech hub where engineers develop logistics solutions for its pan-African operations.

    Senegal and Kenya Lead Africa’s $345M Startup Funding Boom in June as Nigeria Fades

    As 2025 heads into its second half, the question is no longer whether funding will return. It has. The question now is: where will it go next — and who will be left behind?

    Kenya’s d.light Secures $10m to Scale Solar Lending Across Africa

    In a significant milestone for Africa’s clean energy and financial inclusion sectors, solar energy firm d.light has secured an additional $300 million in receivables financing,

    Ghana’s Liquify Snags $1.5M to Turn Unpaid Invoices into Instant Cash

    “Liquify was built to unlock the $120 billion trade-finance gap holding back Africa’s most dynamic SMEs."

    VIBRA, Pillow, Momint — Africa’s Crypto Graveyard Grows

    South African crypto startup Momint, once lauded for helping local creators monetize digital content through NFTs

    Saudi Arabia’s New Tech Magnet: How Riyadh is Drawing Egypt’s Deep-Tech Startups with Millions in Grant Funding

    The immense financial firepower and market access offered by Saudi Arabia provide a runway that is, for now, unmatched elsewhere in the region.

    Nigerian Startup Intron Finds Surprising Traction in the Country’s Chaotic Courtrooms

    “We didn’t just tune a global model to local accents. We started from scratch with real African data."

    Fintech Unicorn Wave Secures $137 Million in Debt Funding to Power Pan-African Growth

    Wave made headlines in September 2021 when it became Francophone Africa’s first unicorn, hitting a valuation of $1.7 billion

    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.

    Ghost Workers, a BMW X5, and $700K Missing: The Insider Fraud Rocking Francophone Africa’s HR Darling

    Socium, founded in 2021 by Samba Lo and Serigne Seye, provides payroll, recruitment and workforce management software to businesses across 21 Francophone African countries.

    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.