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    The Top Small-Ticket VCs Backing Early-stage Tech Startups in Africa

    Investments in African tech startups go beyond supporting unicorns. There are hard-tilling VCs operating at the roots.

    Kenya’s Hydrobox Secures $9.5M to Expand Clean Energy Access in Rural Communities

    Hydrobox collaborates with local stakeholders and regulatory bodies to ensure responsible implementation and long-term benefits for communities.

    Senegal’s Socium Raises $5M to Fuel HR Automation in 21 Francophone Countries

    The startup’s primary markets include countries such as Morocco, Cameroon, and Congo, among others.

    Lingawa Targets the African Diaspora Market with $1.1M Pre-seed Funding for Native Language Learning

    Lingawa, an edtech startup that recently rebranded from TopSet, has raised $1.1 million in...
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    Itana: The Lagos Tech Zone That Wants to Be Africa’s Answer to Delaware

    Africa’s population is expected to double by 2050. The global demand for digital services is exploding. And many countries are still unsure how to compete.

    Africa’s Biggest Battery-Backed Solar Project Is Coming to Southern Egypt — Backed by $184M in Funding

    Located in Qena Governorate in southern Egypt, the $590 million project has been granted a Golden License.

    While Its Non-African Investments Return 1.3x, Silverbacks’ Nigeria Exits Deliver 10.7x — Inside the VC’s Latest Move

    These consistent, strong exits with attractive IRRs demonstrate that investing in Africa is not only viable but also a smart move for generating superior returns.

    Flutterwave-backer 4DX Ventures Drafts Heavyweights for Global Playbook & Beyond-Seed Strategy

    With the addition of Alemayehou and Sekyi-Otu, 4DX is expected to take a more expansive approach to deal sourcing and strategic advisory, particularly in sectors like the creative economy and later-stage growth capital .

    Latest articles

    Itana: The Lagos Tech Zone That Wants to Be Africa’s Answer to Delaware

    Africa’s population is expected to double by 2050. The global demand for digital services is exploding. And many countries are still unsure how to compete.

    Africa’s Biggest Battery-Backed Solar Project Is Coming to Southern Egypt — Backed by $184M in Funding

    Located in Qena Governorate in southern Egypt, the $590 million project has been granted a Golden License.

    Lagos Leads Africa in Startup Unicorns — but Its Developers Are Among the World’s Lowest Paid

    Software developers in Lagos earn barely more than 4.8% of what their peers in Silicon Valley receive.

    10,000 Interns and Counting: The Massive Tech Skills Offensive Led by Egypt’s ITIDA

    The payoff is starting to show. In the fiscal year 2022–2023, Egypt’s IT-enabled services sector grew by 54.2%, reaching $3.7 billion in exports.