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Funding

Funding

With $700m raised in 2021, African startups are turning to debt

Michael Ajifowoke

16th February 2022
Funding

Nigeria’s Mecho Autotech secures $2.15m seed to expand its vehicle maintenance services

Michael Ajifowoke

9th February 2022
Funding

Acuity founder, Lexi Novitske, talks new $200m Norrsken22 fund and Africa’s next unicorns

Michael Ajifowoke

2nd February 2022
Funding

What African founders think about the new $500,000 Y Combinator deal

Damilare Dosunmu

27th January 2022
Funding

TLcom Capital backs Nigeria’s SeamlessHR in $10m Series A round

Michael Ajifowoke

12th January 2022
Funding

What YCombinator’s new $500,000 deal means for African startups

Daniel Adeyemi

12th January 2022
Funding

Here’s why startup funding in the Maghreb ecosystem is low

Damilare Dosunmu

3rd January 2022
Funding

Venture funding in Senegal remains muted despite Wave’s $200m buzz

Michael Ajifowoke

24th December 2021
Funding

What Wowzi’s $3.2 million raise tells us about the future of influence in Africa

Alexandria Williams

17th December 2021
Funding

How African startups can build multi-million dollar partnerships and acquisitions

Timi Odueso

13th December 2021
FinTech, Funding

Nigerian open banking startup Mono secures $15m Series A led by Tiger Global

Michael Ajifowoke

11th October 2021
Funding

Google to invest $1 billion in Africa over the next 5 years

Adegoke Oyeniyi

6th October 2021
Funding

Led by Softbank, Andela raises $200m at $1.5 billion valuation

Daniel Adeyemi

29th September 2021
FinTech, Funding, Startups

A Nigerian fintech startup serving solar providers secures $2m funding

Michael Ajifowoke

20th September 2021
FinTech, Funding

Led by SoftBank, Nigeria’s OPay raises $400m at $2bn valuation

Michael Ajifowoke

23rd August 2021
Funding

US-based Expert DOJO set to launch new fund for African startups

Daniel Adeyemi

26th July 2021
Funding, News

Quro Medical, the South African startup pioneering hospital-at-home services, has raised a $1.1m seed round

Edwin Madu

14th April 2021
Funding, Venture Capital

Sawari Ventures and Algebra Ventures stake $150m on North African startups

Alexander Onukwue

6th April 2021
Agritech, Funding

South African agritech startup Skudu raises funding from AgVentures

Daniel Adeyemi

22nd February 2021
Ecosystem, Funding

Beyond grants and impact investments, there’s a growing interest in Africa.

Daniel Adeyemi

4th December 2020
Ecosystem, Features, Funding

This VC is getting money from Silicon Valley workers to invest in African startups

Alexander Onukwue

11th November 2020
Funding, Venture Capital

Meet Raise, a private equity exchange simplifying the future of fundraising in Africa

Alexander Onukwue

28th May 2020
FinTech, Funding

Flutterwave raises $35 million for business expansion across Africa

Alexander Onukwue

21st January 2020
Business, Funding, Startups, Venture Capital

The CDC Group invests $15 million in TLcom’s Africa Fund

Abubakar Idris

21st January 2020
Funding, Logistics & Transport

Kenyan bus-travel platform QuickBus raises seed funding from Abu Dhabi

Alexander Onukwue

18th January 2020
Funding

For the first time, around 100 African startups raise at least $1 million each in one year

Alexander Onukwue

9th January 2020
FinTech, Funding

Nigerian fintechs need new distribution models

Abubakar Idris

8th January 2020
African Tech Roundup, Business, Ecosystem, Features, FinTech, Funding, Government

Here’s what you should look out for in African tech in 2020

Abubakar Idris

31st December 2019
Business, Funding

French VC firm Partech is fishing for innovation in Africa’s informal economy

Alexander Onukwue

12th December 2019
Business, Features, Funding

Why your favourite African startups are incorporating abroad

Abubakar Idris

12th December 2019
Business, Funding, News, Startups

Jiji raises $21 million as competition with OList grows stiffer

Abubakar Idris

10th December 2019
Battlefield, Business, Funding

Winners announced at Seedstars Africa Summit

Abubakar Idris

6th December 2019
Education, Funding

Ex-Konga boss Sim Shagaya’s uLesson raises $3.1 million ahead of 2020 launch

Alexander Onukwue

26th November 2019
Business, Ecosystem, FinTech, Funding

OPay does it again: fintech raises $120 million Series B round

Abubakar Idris

18th November 2019
Funding

Kenya’s Twiga Foods eyes expansion after $30m raise

Olumuyiwa Olowogboyega

28th October 2019
Business, Funding, Jobs, Venture Capital

What does the CEO of a startup in Africa earn?

Alexander Onukwue

21st October 2019
AfCFTA, Apps, Business, Funding, Startups

Lori Systems officially announces Nigeria expansion

Abubakar Idris

30th September 2019
Business, Developers, Entrepreneurship, Funding

Andela, with a projected $50m revenue, lays off 420 developers

Abubakar Idris

17th September 2019
Ecosystem, Entrepreneurship, Funding, Hardware, Healthcare, Venture Capital

Pitchdrive Diary: Pitching in Japan and chatting in Singapore, how the first week went

Kosisochukwu Ugwuede

31st August 2019
Entrepreneurship, Funding, Venture Capital

Bootstrapping: When should startups seek to raise external funding?

Wole Olayinka

31st July 2019