New Program to Unlock Capital and Market Entry for African Founders
Chanzo Capital, a venture and growth capital firm, has launched a program to help African entrepreneurs access finance and scale their businesses across the continent. Startup investing is about helping [...]
African Unicorns: The Most Funded Startups in Africa by 2024
In 2024, Africa minted two new unicorns, Moniepoint and Tyme, bringing the total number of startups valued above US $1bn to nine. The past two years have been difficult for [...]
Over 80% of African Startup Founders Face Mental Health Issues Flourish Ventures Survey
86% of founders report that building their startups has taken a toll on their mental health, a survey by early-stage venture capital firm Flourish Ventures has found. “Prioritising founder wellbeing [...]Call for Applications: DeveloPPP Ventures Cohort 8 – EUR 100K Non-dilutive Funding and Technical Support for Innovative Start-ups in Kenya to Catalyse Matching Investments
Nairobi, Kenya November 18, 2024 – DEG Impulse gGmbH, is excited to open the call for applications to the develoPPP Ventures programme in Kenya, inviting startups to apply for [...]
Yellow Card raises US$33mn in Series C round to fuel expansion
Yellow Card, an African Cryptocurrency startup, has closed its Series C round after raising US$33 million from different investors led by Blockchain Capital. “This fundraise not only demonstrates our resilience, [...]Africa's Top Investors on Raising Capital in 2024 and Beyond- 54 Collective's African Pre-Seed Podcast
During the African Pre-Seed Live podcast convened by Pan-African VC 54 Collective sector stakeholders sought to define the new model that both investors and innovators should employ in their perception [...]AI Startup Chpter. Raises US$1.2mn in Pre-seed Funding
Chpter, an AI-powered conversational commerce platform, has raised US$1.2 million in their pre-seed round to expand product visibility and enhance clients' marketing capabilities. At Pani we’re always on the look [...]State of VC Funding in Africa 2023; Fintechs Get Lion's Share
The United States contributed the greatest share of VC Funding for startups in Africa last year, according to a VC report released this month. Macroeconomic challenges in the global market [...]Moove Secures $100 Million Funding from Investors Led by Uber
Moove, a mobility fintech, has closed a $100 million funding in its Series B round led by Uber and other financiers. This infusion of capital is set to amplify the [...]AfDB to Invest USD 10.5mn in Seedstars Africa Ventures
The African Development Bank (AfDB) is set to invest USD 10.50MN in Seedstars Africa Ventures S.L.P. venture capital fund, after the bank's board approved the decision on Wednesday Jan 17th. [...]Former Citibank MD Joyce-Ann Wainaina Secures $9 Million Commitment from Mastercard for Chui Ventures
Chui Ventures, a Pan-African Seed fund led by Managing Partner Joyce-Ann Wainaina, has secured a $9 million commitment from the Mastercard Foundation Africa Growth Fund. In a statement, Mastercard said [...]Innovation catalysts: Operators shaping the future of Africa’s tech startups
byEric Mugendi Technology operators, founders, enthusiasts, professionals, and investors driving the tech ecosystem forward are often busy people. Theirs is a world of long hours, strategies, deliverables, and so much [...]
