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    Updated: African Startup Funding Hits $1.98B YTD as Debt Deals and Local Investors Step Up

    Artificial intelligence also emerged as a strong vertical.

    Denmark Bets $54M on African Tech and VCs with New Impact Fund

    The facility, which will run from 2025 to 2028.

    Female-Led First Circle Capital Raises $10.9M for Pan-African Fintech Fund

    The firm has recently been making investments in Southern Africa.

    Mastercard Foundation Continues Africa Push with $10m for Sahel Capital

    SEFAA, which was initially anchored by Germany’s KfW Development Bank, typically invests between $300,000 and $2.4 million in early-stage and growth-oriented agribusinesses.
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    Tunisia’s State Startup Fund Looks Beyond Capital City Tech Elites

    The $60m ANAVA initiative is taking venture capital on the road to hunt for deal-flow in forgotten interior provinces.

    SunCulture Closes $10m Securitisation Deal as African Climate Tech Turns to Capital Markets

    The transaction is designed to allow SunCulture to recycle capital that would otherwise be tied up in longer-dated customer receivables.

    Is Talent Export the New Impact Thesis? Daniel Yu’s $100M Fund Makes Its First Bet

    Move signals fund's focus on labour migration as a pathway out of poverty.

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.

    Latest articles

    Tunisia’s State Startup Fund Looks Beyond Capital City Tech Elites

    The $60m ANAVA initiative is taking venture capital on the road to hunt for deal-flow in forgotten interior provinces.

    SunCulture Closes $10m Securitisation Deal as African Climate Tech Turns to Capital Markets

    The transaction is designed to allow SunCulture to recycle capital that would otherwise be tied up in longer-dated customer receivables.

    CFO Churn Casts Shadow Over Flutterwave’s Long-Delayed IPO Ambitions

    Africa's $3bn payments champion trades Wall Street polish for regional banking steel as executive turnover points to deferred listing plans and domestic regulatory friction.

    Algeria’s Fintech Era Begins as Telecom Giant Djezzy Secures Country’s First PSP License

    The entity is a dedicated subsidiary of Optimum Telecom Algeria (Djezzy), the country’s second-largest mobile operator.