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Spotlight

Meet 34 female angel and venture capital investors in Africa

We curated a list of 34 African women who are investing in the tech ecosystem on the continent.

News

Catalyst Fund announces first close of $40M cleantech fund for African startups

Catalyst Fund has closed the first round of its $40 million venture capital fund and accelerator. The fund will be invested into African cleantech startups.

News

LemFi raises $33 million Series A for global expansion

Global payments company, LemFi (formerly Lemonade Finance) has secured a $33 million Series A in a round led by Left Lane Capital.

News

Google expands “AI First” accelerator to Africa

Google has launched its AI First program in Africa to provide startups with access to Google's AI expertise, Cloud Platform resources, and networking opportunities.

Fintech

7 Nigerian founders backing other founders

Meet seven Nigerian founders who have come full circle, reinvesting in the very ecosystem that once nurtured them.

News

Moove raises $76 million in new funds to fuel further global expansion

The latest investment led by Mubadala Investment Company brings Moove's total funding to $335 million across debt and equity

News

Remedial Health raises $12 million Series A, to deepen its fintech offering for Nigerian pharmacies

Remedial Health has raised $12 million in debt and equity funding to deliver financial services for neighbourhood pharmacies in Nigeria.

News

Clafiya raises $610,000 in pre-seed to reimagine healthcare service delivery in Africa

Clafiya, an African healthtech company, announced its $610,000 pre-seed raise today.

News

Nuru’s $40 million Series B will drive electrification in DRC

Cleantech startup Nuru has secured a $40 million Series B to drive its efforts to provide 24-hour electricity to five million people in the Democratic Republic of Congo.

News

VC investments in African tech dropped by 48% in the first half of 2023

African tech startups raised over $1.3 billion in H1 2023, according to BD Funding Tracker. This is a 47.69% decline from the period under review last year.

Insider

BD Insider 168: Analysis of Google’s BFF shows a decline in Africa

Nigeria remains the preferred destination for the Google Founders Fund in Africa, dominating the three cohorts since the fund was launched.

Opinion

How to de-risk your investments as an angel investor

When Paystack exited to Stripe, some Angel investors confessed to making nearly 20x on their investment. Yet, a single mistake in their investment process could have wiped out any potential gain.

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