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    Analysis & Opinions

    Shell-Backed Fund, UK’s BII Top Nigerian Tech Funding List in 2025 as VCs Retreat

    The most active players are not the traditional, global venture capital giants but a mix of impact investors and DFIs.

    European VCs and DFIs Lead Charge as African Tech Funding Surpasses 2024 Total in September

    Whether this momentum continues through the year’s final quarter will determine if 2025 marks a genuine recovery in African tech funding or simply matches the previous year’s performance.

    The Super-Niche Shift: A Taxonomy of 2025’s Venture-Backed B2B Startups in Africa

    Based on an analysis of 2025 funding data, here is a taxonomy of the most active B2B categories defining the current investment cycle.
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    Nearly 80% of African Startup Funding in May Was Debt

    A month without a single equity round above $10m also raises questions.

    The Elite Funnel: Why African Tech’s New Financing Mix Signals a Hollowing of the Core

    Priced equity rounds from US and Gulf venture capital have all but vanished.

    From Profitability to $10M ARR: How Prembly Cracked Africa’s Identity Infrastructure

    "We’re processing around seven million unique verifications per month, up from 4.7 million."

    Latest articles

    Nearly 80% of African Startup Funding in May Was Debt

    A month without a single equity round above $10m also raises questions.

    The Elite Funnel: Why African Tech’s New Financing Mix Signals a Hollowing of the Core

    Priced equity rounds from US and Gulf venture capital have all but vanished.

    NALA Secures up to $50M Credit Facility From MUFG-Backed Liquidity to Pre-Fund Stablecoin Payment Corridors

    "At some point our business was more than doubling every other quarter, we grew faster than we could handle pre-funding for single-direction payments and everything broke."

    South African Fintech Flagship Yoco Buys Restaurant Software Platform Dyner.ai

    The South African payments group is bolting on an AI-native operating system for restaurants, while a new European CEO prepares to take the helm.