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Anchor

Anchor raises $2.4 million seed to expand product offerings

Anchor, a pan-African BaaS and embedded finance infrastructure provider announced its $2.4M seed raise led by Goat Capital to launch new products, invest in its licensing and compliance infrastructure and evaluate expansion markets.

Opinion

Nine fastest-growing Kenyan tech companies in 2023, according to FT

We curated the nine fastest-growing tech startups based on Financial Times data. So far this year, Kenya emerged as the frontrunner among the Big Four nations in funding growth

Opinion

Africa’s new hot startups: Camels or unicorns?

In the world of startups, there's been a relentless pursuit of unicorns—companies valued at over $1 billion. Unicorns, once rare, now number around 1,200 worldwide.

News

Introducing “The Investor Clinic”, a monthly virtual event for African tech founders

Pitch, get feedback, and secure VC funding; The Investor Clinic is designed to support African startups amid a funding dip post-market reset.

Fintech

7 Nigerian founders backing other founders

Meet seven Nigerian founders who have come full circle, reinvesting in the very ecosystem that once nurtured them.

Opinion

The dark side of venture capital

Venture capital's enticing embrace brings rapid growth and funds, but founders face a tumultuous journey. Balancing autonomy, battling burnout, and exit pressures, startups must navigate its shadows with resilience.

News

Spotify introduces its AI DJ feature in 18 African countries

Spotify has announced the roll out of its AI feature 'DJ' to its premium subscribers in 18 African countries including Nigeria, South Africa and Ghana, six months after launching the feature in North America.

Opinion

11 startups transforming commerce in North Africa

North Africa is entering a phase of maturity, and fueled by a digitally adept consumer demographic showing a strong inclination towards online retail, the e-commerce sector is poised for a surge across the region.

Opinion

African startups raised $123.4 million in July 2023

African startups witnessed a sharp 46.5% decrease in funds raised this July compared to July 2022. Cleantech remained dominant, securing 32.8% of the continent's total funds.

Spotlight

An iris scan for $54: Inside the Worldcoin controversy in Kenya

News of a new cryptocurrency launch does not spark the kind of interest it used to at the height of the cryptocurrency boom in 2021.

News

12 African startups to watch out for in H2 2023, according to investors

In the wake of the global market reset, African startups are hustling to regain momentum in a funding winter. Four investors reveal their top must-watch startups.

Opinion

10 places African startups can incorporate for favorable policies and funding opportunities

African tech startups can leverage global hubs like California, Delaware, Singapore, and more to access favorable policies, funding, and diverse markets.

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