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African startups raised $1.2 billion in the first half of the year. This is an 86% increase over the same period last year (H1 2024).
“We hope to use the funds to hire for some key roles, launch campaigns for user acquisition, and build new products for our users,” Cofounder Omolara Sanni said.
Trump’s new tariffs could shake investor confidence, slow exports, and create uncertainty for African tech startups.
African startup funding reached $469.9 million in Q1 2025. Cleantech overtook fintech as the most-funded sector, highlighting investor interest in sustainable innovation over traditional African fintech bets.
Vendease has restructured employee salaries, shifting to performance-based pay while seeking fresh funding. The Nigerian foodtech startup aims to cut costs and drive profitability.
The Alpha Fund is designed to build on insights from previous funds. It will focus on seed investments that enable entrepreneurs to build resilient companies and achieve scalable growth.
Sales isn’t about luck, it’s about building a structured, repeatable system that consistently generates revenue.
The fintech shared it paid out over ₦835 billion to its users in 2024, a 53% increase from its total payout in 2023.
‘Tech for good’ has been having a moment. Meet the seven African companies leading the way on that front.
Kenya leads the pack as African startups secure $2.01B in 2024 funding, showing resilience and a shift toward sector diversification
Zach George, GB, Mark Essien, Bernard Ghartey and other African techs share their favourite books in 2024.
From billion-dollar milestones to market shakeups, dive into the biggest African tech stories that defined 2024.
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