African startup equity funding plummets by 43% in 2023

Per BD Funding Tracker, African startups raised $2 billion in equity funding across 263 deals in 2023, marking a 43% decline from last year.

Kenyan fintech M-KOPA gets $250M+ in debt and equity

M-KOPA has secured more than $250 million in debt and equity funding to boost its smartphone financing offering, expand into additional markets, and prioritize sustainability.