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    Analysis & Opinions

    UPDATED: A List Of New VC Funds African Startups Can Pitch In 2024

    Here’s a curated list of recently launched Africa-focused venture capital funds, with a focus on those established between January 2023 and September 2024:

    From Algeria to China: ASEP Trip Taught Me the Power of Speedy Execution for Vandista

    The ASEP exchange program in China is part of the Algerian Startup Learning Expedition Program, implemented by Algeria Venture, an initiative of the Ministry of Knowledge Economy, Startups, and Micro-enterprises.

    How Local VC Presence Is Fueling Startup Funding Activity in Francophone Africa

    Many local VC firms across Francophone Africa, also, mostly focus on early-stage investments, providing crucial seed and growth funding to startups, although...

    The African Tech Firms Investing in the Next Wave of Startups

    Their investments demonstrate that established African tech firms can drive meaningful impact, not only by providing financial support but also by offering mentorship, market access, and strategic partnerships to startups.
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    ‘Stay in It’: How Over 200 Interviews and a LinkedIn Post Led to a $2.35M Seed Round for Orca

    The startup’s latest raise marks a landmark achievement as one of the largest seed rounds ever secured by an all-female founding team in Africa.

    Ziidi Trader: Safaricom Captures Half of Kenya’s First Major IPO in 20 Years

    The Kenyan government’s sale of a 65% stake in KPC raised 106.3 billion Kenyan shillings ($823.1m).

    100 Faces, 160,000 Attacks: Inside the Industrialised Fraud Machines Targeting Africa

    In the weeks following Nigeria and Ghana’s festive travel season — the period known locally as Detty December — a wave of chargebacks was filed in January 2025, predominantly initiated from abroad.

    Western Union and Cassava’s Sasai Target South Africa’s $1bn Outbound Remittance Market

    While the narrative around African remittances often focuses on inflows from Europe and the US, South Africa presents a lucrative inverse opportunity.

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    ‘Stay in It’: How Over 200 Interviews and a LinkedIn Post Led to a $2.35M Seed Round for Orca

    The startup’s latest raise marks a landmark achievement as one of the largest seed rounds ever secured by an all-female founding team in Africa.

    Ziidi Trader: Safaricom Captures Half of Kenya’s First Major IPO in 20 Years

    The Kenyan government’s sale of a 65% stake in KPC raised 106.3 billion Kenyan shillings ($823.1m).

    OneBank: Egypt’s $114m State-Backed Digital Challenger Gets the Final Green Light

    Building a digital bank in a strictly regulated market requires deep pockets, and Banque Misr has heavily capitalized the venture.

    South African Anti-Fraud Startup Orca Secures $2.35M Seed Round to Protect Emerging Market Payment Rails

    The round was led by pan-African venture capital firm Norrsken22, which previously anchored the company’s $550,000 pre-seed round in early 2024.