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    Ecosystem News

    Kenyan Beauty Startup Uncover Skincare Raises $1.4M in Seed Funding Round

    The company employs an omnichannel approach, combining a robust online platform with partnerships with leading retailers to ensure visibility, trust, and product availability. This hybrid strategy is crucial for success in the African beauty market.

    Antler Nairobi Opens Applications for $2M Startup Accelerator

    Each selected company will receive a $200,000 investment.

    South Africa’s TurnStay Promises to Cut African Hotel Fees by 70% with New Funding

    "Securing funding from these US investors is a vote of confidence in our business model, which has already processed more than R50 million in transactions..."

    Launch Africa Investment Series: Solarbox Africa Joins the List

    Solarbox, founded in 2022 by Tijan Watt, offers an integrated solution encompassing solar energy generation, locally assembled utility electric vehicles (2–3 wheelers), and comprehensive system management software
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    EU-Backed Anara Capital Closes $48m to Fund North African Social Impact Startups

    Amsterdam-based Anara Impact Capital has secured a $48m first close for its debut fund, anchored by the EU and the German government.

    As VC Pulls Back, Cascador Bets $5.6m on Nigeria’s Growth-Stage Startups

    Seven ventures in clean energy, agriculture, AI and healthcare received catalytic funding from the Lagos-based accelerator, in a sign of continued investor appetite for Nigeria's real economy.

    The Anti-VC Pivot: Wasoko Founder Launches $100M Fund to Back Migration and Manufacturing

    "Venture-scale returns are only possible in a small subset of business models."

    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

    EU-Backed Anara Capital Closes $48m to Fund North African Social Impact Startups

    Amsterdam-based Anara Impact Capital has secured a $48m first close for its debut fund, anchored by the EU and the German government.

    As VC Pulls Back, Cascador Bets $5.6m on Nigeria’s Growth-Stage Startups

    Seven ventures in clean energy, agriculture, AI and healthcare received catalytic funding from the Lagos-based accelerator, in a sign of continued investor appetite for Nigeria's real economy.

    From African Mines to AI Data Labs: Soros-Backed Fund Targets Supply Chain Blind Spots

    The fund’s portfolio includes tools for worker voice, AI-powered supplier mapping and cleaner critical mineral processing.

    E-Mobility, Stablecoins, and DFI Retreat to Debt: African Funding Themes Take Shape in 2026

    Taken together, these three themes point to a funding environment that is becoming increasingly polarised.