SA fintech Peach Payments secures $31 million Series A

South African-founded fintech Peach Payments has secured $31 million Series A funding from equity fund manager Apis Growth Fund II.

VC funding in Nigeria plunges 92.1% in Q1 2023

Venture capital (VC) funding in the Nigerian tech startup ecosystem declined by 92.1% in Q1 2023 compared to the same period in 2022.

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Famasi secures pre-seed to build Africa’s digital pharmacy infrastructure

Nigerian healthtech, Famasi Africa has secured an undisclosed pre-seed in a round led by Microtraction, to build the pharmacy infrastructure for African digital healthcare.

Yodawy secures $16M Series B to drive e-pharmacy adoption in Africa

To drive e-pharmacy adoption in Africa and the Middle East, Yodawy has secured $16 million in a Series B round co-led by Delivery Hero Ventures and Global Ventures.

Eight ways to raise capital for your startup

Startup capital can be raised through bootstrapping, business partners, angel investors, accelerators, venture capital, grants and convert social capital to financial capital.

Meet the African startups in YC 2023 winter batch

These African companies are participating in Y Combinator's 2023 winter batch.

Catalyst Fund invests $2M into 10 African cleantech-focused startups

Catalyst Fund has invested $2 million investment into 10 startups accelerating Africa’s adaptation and resilience to climate change.

Releaf secures $3.3 million pre-series A, launches Kraken II and SITE

Nigerian agritech, Releaf has secured $3.3 million pre-series A funding and has launched two new technologies to drive profitability for consumer goods manufacturers

Taeillo secures a $2.5M expansion fund from Aruwa Capital

Aruwa Capital has invested a $2.5 million expansion fund into Taeillo, an African female-led local furniture manufacturer.

BD Charts

Data about the state of tech in Africa.

Orda secures $3.4 million seed to digitise African restaurants

African restaurant cloud operating system provider, Orda has secured a $3.4 million seed round which was co-led by Quona Capital and FinTech Collective.