Village Capital invests $150,000 in two female-led startups

The Women in Tech Financing Facility, a joint initiative of Village Capital and Standard Chartered, addresses the funding gap for women entrepreneurs.

PBR Life Sciences raises $1M pre-seed to expand AI-powered healthcare data platforms across Africa

Previously targeting 1000 pharmacies in Nigeria, PBR will use this new funding to expand its AI-driven health data solutions in Ghana and Kenya.

Juicyway raises $3 million pre-seed to power cross-border payments for Africans

Founded in 2021 by Ife Johnson and Justin Ziegler, Juicyway enables individuals and businesses to send, receive, and process payments globally.

Egypt-based ariika secures $3M to drive expansion across MENA markets

Egyptian eCommerce platform ariika raises $3M in a Series A extension to accelerate growth in Saudi Arabia and Iraq.

Nigerian Agritech startup, Winich Farms secures $3 million in pre-series A funding

Since the company’s launch in 2020, Winich Farms has built an ecosystem of more than 150,000 users including farmers.

What Do Investors Want? Navigating Investor-Startup Relations in Nigeria’s Tech Ecosystem

We spoke with seasoned investors and venture capitalists, to find out their perspectives on investment criteria, expectations and more

One Acre Fund secures $1.4 Million debt funding to support farmers in Africa

One Acre Fund has recently secured a $1.4 million debt fund from Impact Bridge Asset Management to finance and support farmers in Africa

d.light raises $176 Million debt to provide off-grid solar power in East Africa

d.light, has recently closed a new $176 million securitization deal to support affordable solar solutions for low-income households in Kenya, Tanzania, and Uganda.

African startups raised $652.4 million in H1 2024 as the downward funding trend continues

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

Lagos state govt injects ₦1 billion for startup funding and innovation research

₦1 billion in funding marks an astronomical increase in allocation to the initiative based on previous precedents.

Chowdeck CEO talks $2.5M seed funding and the Nigerian food delivery market

Last year, Chowdeck onboarded Chicken Republic, West Africa's largest fast-food chain. This move has led to an increase in order volume of 250% on Chowdeck.

Sim Shagaya launches The Honey Badger Fund (HBF) to back African entrepreneurs

Sim is popular for pioneering the e-commerce movement in Nigeria through his company, Konga which he founded in July 2012. He raised about $80 million with Konga pre-2020 when capital was scarce in the African tech ecosystem.