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Funding

4 industry experts say what has changed in raising a Series A in Africa 

Raising a Series A in Africa looks very different from the boom years of 2021 and 2022. Four investors explain why profitability, governance, debt financing, and local capital now matter more than growth at all costs.

Funding

The major IPOs of 2026 and why you should care

These 2026 IPOs are category leaders in their respective industries.

Funding

Salesforce, investor in two African unicorns, acquires Fin in $3.6bn deal

The CRM giant behind investments in Flutterwave and Andela is buying AI customer-service startup Fin in a $3.6 billion deal

Funding

CreditChek raises a $600k equity round to expand credit data infrastructure across East Africa

CreditChek's latest raise brings its total funding to $935,000, as the startup targets banks, fintechs, and microfinance lenders.

Funding

Spiro raises $215M to scale Africa’s largest battery-swapping network

Spiro has secured a $215 million equity round from Impact Fund Denmark and Equitane to expand its battery-swapping infrastructure, manufacturing operations, and electric vehicle fleet across Africa.

Funding

Stablecoins dominate as African startups raise $53 million in May

African startups raised $228 million in May 2026, but $175 million came from Paymentology. Excluding that deal, startups raised just $53 million, making May the slowest funding month of the year. Three stablecoin infrastructure companies accounted for roughly 70% of all disclosed venture activity.

Funding

Ten years after Paystack: what Y Combinator’s African portfolio looks like

Ten years after Paystack joined Y Combinator, the accelerator’s African portfolio reveals a story of fintech dominance, concentrated funding, and an ecosystem gradually building alternatives to Silicon Valley validation.

Funding

When does Africa actually take back its independence?

Borderless and African Angel Academy have launched a partnership to help African diaspora investors learn, organize, and collectively invest in African startups.

Funding

Recap: How to secure alternative financing for your business in 2026

As debt financing overtakes equity in Africa’s startup ecosystem, founders are rethinking how to fund growth. Here’s what operators and investors say about securing alternative financing in 2026.

Funding

South Africa’s $507M equity market and its silent key players

South Africa's leading equity deals market is powered by silent and dedicated VC firms

Analysis

81 African startups from the 2022 seed class are yet to raise a Series A — Condia has the named list

Condia's State of Startup Funding in Africa report finds equity funding recovered to $1.55 billion in 2025, but the seed pipeline that feeds future growth has contracted by 60% since 2022.

Funding

BFREE closes growth round to acquire non-performing loans across Africa

BFREE has raised an undisclosed growth round led by AfricInvest to scale its acquisition of non-performing loans across Africa, positioning itself as critical credit market infrastructure.

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