funding
Lagos Life's $10m Valuation Exposes Africa's Fintech Overvaluation Conundrum
Lagos Life, a fintech startup, has been valued at $10 million just eight days after its launch, sparking concerns about the overvaluation of fintech c...
Healthleap's $38M Raise Validates AI-Driven Patient Screening in Hospital Settings
A recent funding round has propelled Healthleap, a clinical AI platform, into the spotlight with its innovative approach to patient screening in hospi...
Equity Dominance Emerges as African Startups Raise $102m Amid Slump
African startups have raised $102 million in July 2026, with a notable shift in investor appetite, as equity funding slumps. According to Business Ne...
MTN Ghana's $202M Spectrum Play Foreshadows 5G Market Consolidation
MTN Ghana has secured $202 million in spectrum, a move that is expected to pave the way for the launch of 5G services in the country. This developmen...
Launch Base Africa's Deal Tracker Reveals Africa's Emerging Startup Hotspots
As the African tech ecosystem continues to grow, Launch Base Africa's Deal Tracker has been monitoring the latest developments in the continent's star...
Nigeria's Agritech Startups Secure Up to $270m Funding Amidst Sector Boom
Nigeria’s agritech startups are securing significant investments, with recent funding rounds reaching up to $270 million. This surge in funding comes...
NITDA's Tech Revolution Fuels MSME Growth with $3,000 Fellowship Boost
As the African tech ecosystem continues to gain momentum, the National Information Technology Development Agency (NITDA) has launched a series of init...
Kenyan Startup Failures Expose Sh93bn Liquidity Gap
The Kenyan startup ecosystem has been dealt a significant blow with the loss of Sh93bn in failed ventures, a stark reminder of the liquidity gap plagu...
Funding Africa's Most Overlooked Startup Hubs
Madica, a venture capital firm, has invested in five new startups across four African markets, strengthening its presence in the continent's most over...
Africa's $438m Surge Masks Emerging Cyber Threats to Digital Ambitions
Africa's tech industry has witnessed a significant surge in investment, with a total of $438m invested in August alone, as reported by African Busines...
SiGMA's 2027 Africa Expansion Signifies Maturing AI Ecosystem Growth
SiGMA, a prominent player in the African startup ecosystem, has opened applications for its 2027 Africa Startup Pitch, marking a significant milestone...
Grindstone's $31m Fund Marks Shifting African VC Focus Towards Liquidity
Grindstone Ventures has launched a $31m exit-focused fund, signaling a significant shift in the African venture capital landscape. The fund's focus o...
dLocal's Ghanaian PSP Licence Expands Sub-Saharan Payment Interoperability
As the payments landscape in Africa continues to evolve, dLocal has secured an Enhanced Payment Service Provider (PSP) licence in Ghana. This milesto...
ARC Ride's $33.3M Boost Validates Africa's EV Battery-Swapping Opportunity
Kenyan electric mobility startup ARC Ride has secured $33. 3 million in funding to scale its battery-swapping infrastructure across Africa, according ...
Cascador's $5M Bet on African Traditional Businesses: A Diversification Play
In a strategic move that signals a diversification play, Cascador, a VC firm, has invested USD 5 million in Nigerian businesses that don't fit the mol...
Mamor Capital's R300m Bet Validates South Africa's Growing Tech Investment Appetite
According to Tech In Africa, Mamor Capital has secured R300m in the first close for its new South African tech fund. This development marks a signifi...
Ventures Platform's $84m Fund II Fuels Pan-African Fintech Disruption
Ventures Platform, a leading African venture capital firm, has closed its Pan-African Fund II at $84 million, according to a report by Africa Business...
Kenya's Innovation Ecosystem Data Set to Gain Unity Platform Boost
Kenya's innovation ecosystem is set to gain a significant boost with the launch of a new intelligence platform that aims to bring all the necessary da...
Fostering the Rise of the Female Economy
The closure of a $17 million debut fund by Capital F, an all-female-led VC firm, has marked a significant step towards investing in the future of the ...
Fiat Ventures Consolidates Power with $35M Fund II Play
Fiat Ventures, a venture capital firm, has combined its venture and advisory divisions into a new brand and raised $35 million for its Fund II, accord...
Kenya's Private Capital Partnership: A $X Billion Investment Catalyst Unfolds
Kenya has taken a significant step towards deepening its investment pipeline by partnering with private capital. According to a recent report by the-...
Kenya and South Africa Capture $3.3 Billion of Africa's Startup Funding
Africa's startup ecosystem has witnessed a significant surge in funding, with total investments reaching $3. 3 billion in 2026. This milestone is lar...
Consolidation Imperative Amidst Momentum
Nigeria's startup ecosystem has been gaining momentum, but experts warn that the country must consolidate its leadership position before the momentum ...
Nigeria's Startup Lead Falters as Funding Plunges 80% Amid Investor Shift
Nigeria's startup ecosystem, once a beacon of hope for the African tech industry, is facing a significant setback as funding plunges 80% in the second...
South Africa's $183M Green Hydrogen Fund Mirrors Government Ambitions
Climate Fund Managers has closed a $183 million fund for South Africa's green hydrogen push, marking a significant step towards the country's ambition...
Canal+ Invests in Moment as Africa's Fintech Funding Shifts to Debt
Cape Town-based payments startup Moment has secured a $22 million Series A funding round with Canal+ joining the cap table, marking a significant inve...
Kenya's Startup Crown Slips Amid Equity Decline
Kenya, once the undisputed leader in Africa's startup funding landscape, has been knocked off its top spot. According to a recent report, the country...
Africa's Startup Funding Reversal: Equity Hits Seven-Year Low in July
Africa's startup funding landscape has taken a defensive turn in July, with equity funding hitting a seven-year low, according to a report by Business...
Tanzanian Startups Rebound Strongly As Q1 Sees $52Mn in Funding Deals, Highlighting Surge in
Tanzanian startups have shown a remarkable rebound in the first half of 2026, securing a total of $52 million in funding deals, according to recent da...
Egypt's $194m H1 Lead Masks Nigeria's Tech Equity Resurgence Risk
In the first half of 2026, Egypt led Africa's startup funding with a total of $194m, as reported by Tech In Africa. However, Nigeria has reclaimed it...
Airtel Money's $1 Billion IPO Faces London's Venture Capital Drought
Airtel Money, a leading mobile financial services provider in Africa, is seeking a $1 billion initial public offering (IPO) on the London Stock Exchan...
Nigeria Reclaims Top Spot in Africa's Venture Capital Hierarchy
Nigeria has regained its position as the leading destination for venture capital in Africa, according to a recent report. This development marks a si...
Africa's Startup Ecosystem Gains Traction with Nearpays' UN AI Win
Africa's Startup Ecosystem Gains Traction with Nearpays' UN AI Win* Nigeria's Nearpays has become the first African startup to win the UN's AI for Goo...
Africa's $1.44bn Startup Funding Surge Masks Early-Stage Deal Decline
African startups raised a total of $1. 44 billion in funding during the first half of 2026, marginally surpassing the $1. 42 billion secured during th...
$3.9bn Funding Uptick Reveals African Startups' Post-Pandemic Resilience
African startups have raised $3. 9 billion across 506 deals in 2025, marking a significant rebound in fundraising activity after earlier market challe...
African Startups Rebound with $3.9bn Raise, Outpacing Global City Flows
African startups have shown a remarkable rebound in funding, raising a total of $3. 9 billion across 506 deals in 2025, according to a report. This s...
Angel Investing's Transformative Impact in Nigeria
According to a recent report by The Guardian Nigeria News, angel investing is playing a crucial role in accelerating the growth and expansion of Micro...
Hiruy Amanuel Drives Africa's Venture Capital Paradigm Shift
Africa's venture capital ecosystem is experiencing a quiet shift, driven by entrepreneurs like Hiruy Amanuel, who are redefining the continent's tech ...
African Venture Funding's Quiet Blockchain Surge: 5.3% Share
Africa's venture funding landscape has witnessed a significant development, with blockchain investments capturing 5. 3% of the continent's total ventu...
Standard Media Reveals Africa's Venture Capital Ecosystem's Quiet Revolution
A quiet revolution is reshaping Africa's venture capital ecosystem, as the continent's entrepreneurial landscape continues to evolve. According to a ...
Can MTN Turn Phone Data Into Profitable Loans?
MTN is seeking additional licences to expand into Nigeria’s lending market, deepening its push into financial services. While the move could unlock ne...
Africa's Startup Ecosystem Scales Up: $843m Injected in Five Months
According to a recent report by Business News Nigeria, Africa's startup ecosystem has received a significant boost, with $843 million invested in the ...
Smart Infrastructure Drives Economic Growth
As Nigeria continues to experience rapid urbanization, its tech economy is expanding at an unprecedented rate, driven in part by significant investmen...
African Unicorns Emerge Amidst Stunted Seed-Stage Growth
African Unicorns Emerge Amidst Stunted Seed-Stage Growth As the African tech ecosystem continues to make waves globally, a notable dichotomy has emerg...
80% Foreign Funding Imbalance Hampers Local Innovation Amid $272m February Surge
Africa's startup funding rebounded in February 2026, reaching $272 million, but a closer look reveals a concerning trend: 80% of this funding comes fr...
Foreign Capital Dominates Africa's $272m Startup Funding, Stifling Local Ownership
Africa's startup funding rebounded in February 2026, reaching $272m, but the majority of the investment came from foreign investors, raising concerns ...
AFC's $40m Bet on Future Africa and Lightrock Reinvents Africa VC
The African Finance Corporation (AFC) has entered the African venture capital scene with a significant investment of $40 million in Future Africa and ...
East Africa’s Charge: BasiGo and Ampersand Scale Shared Infrastructure to Fuel the E-Mobility Revolution
As electric bus operator BasiGo secures the prestigious BloombergNEF 2026 Pioneers award, East Africa’s e-mobility leaders are transitioning from expe...
Tanzania's $50 Million Infusion Falls Short of Bridging Startup Gap
In a move to boost Tanzania's startup ecosystem, a $50 million fund has been established to support local entrepreneurs. However, this investment fal...
Japanese Investors Buck African Startup Funding Slump with New VC Fund
As the African startup ecosystem continues to grapple with a funding slump, a new venture capital fund backed by Japanese investors has injected a muc...