SCOOP: Lagos Life’s parent company is in talks to raise a $2.5 million pre-seed round

Vatar, the company behind Lagos Life, is seeking $2.5 million in pre-seed funding after its virtual game attracted 10 million players.

Nithio makes second African e-mobility bet, backing profitable Nigerian EV startup MAX

Nithio has invested in Nigerian electric mobility company MAX, extending its Series B3 round to $29 million.

Cascador, Sterling Bank launch $200m fund to help Nigerian SMEs access loans

Cascador collaborates with Sterling Bank to launch a $200 million SME Credit Backstop Fund to help Nigerian small businesses get loans.

What ITANA’s digital trade zone means for African startups

ITANA aims to help African startups operate from Nigeria, enjoy tax benefits and attract global investors.

NeoFleet Capital raises $4m pre-seed to fund taxi fleets across Africa and the Global South

Mobility fintech NeoFleet Capital has secured a $4 million pre-seed round to expand its taxi fleet financing model and build infrastructure.

Kenyan fintech Cloud9 gets $500k as part of its ongoing pre-seed round

Founded by former YC-backed founders, Cloud9 gets $500,000 from Alliance as part of an ongoing pre-seed round.

Satlyt raises $8m to turn satellites in orbit into data centres

Space-tech startup Satlyt, founded by former Google and SpaceX product manager has raised $8 million in seed funding.

This startup turns used cooking oil into cash. It just raised $1m for growth 

Ororo Waste has secured ₦1.4 billion ($1 million) from Rising Tide Africa to improve its collector network and cover hub operating costs.

Who backed African startups the most in H1 2026? Here are the 8 most active investors

The top eight investors of African startups in the first half of 2026.

Amanda Etuk of Cascador bets on Nigeria’s economy

Nigeria’s next growth story may not come from tech alone. Investing in the real economy could unlock jobs, resilience, and sustainable growth.

What if startups became Africa’s newest venture capitalists?

As early-stage African venture funding tightens, startup-to-startup investments like Terra Industries’ backing of Aeon could open new routes to capital and future exits.

Mission Mobile raises $30.8M to scale smartphone financing in South Africa

Mission Mobile has secured up to R500 million ($30.8 million) in growth capital from DN Invest, a South African investment holding company.