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This figure marks a weighty decrease of about 50.2% compared to the $1.31 billion raised in H1 2023, according to data from BD Funding Tracker
Four months after its launch, Accelerate Africa, a new accelerator program aiming to become the "Y Combinator of Africa," has selected its first cohort of 10 startups from Nigeria, Kenya, Egypt, and Eswatini.
In Q2 2023, the region experienced the highest average of cyberattacks per week per organization
Inside: Turmoil at Africa's Talking, a Kenya-based communication API startup, women in tech and LemFi eyes the Chinese market.
Flutterwave has permanently closed down its consumer payment platform, Barter. The fintech will now focus on its businesses and remittance solutions.
Applications for the Tony Elumelu Entrepreneurship Foundation Program are open until March 1, 2024. Learn how to apply for your startup today.
The East African market looks determined to compete on the global stage and charts a course towards technology
Cleantech firm Husk Power secures $103M to drive rural electrification, expand renewable energy services in Africa and Asia.
Incentro Africa has filed insolvency against Twiga Foods, a Kenyan agritech startup. We also covered the acquisition of Chaka by Risevest in an undisclosed deal.
Female-led startups make up 12.4% of Nigeria's startup ecosystem,We spotlighted some of them.
Customer acquisition is an important metric for startup growth. These African founders share their approach to gaining new customers.
Nigeria’s fintech company, Kuda debuted in the Neobanking category, while Egyptian’s FinTech’s startup, Fawry, South Africa’s Yoco and Nigeria’s Opay made the digital payment’s category.
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