The number of acquisitions in the African tech startup space declined alongside investment in 2024, as for the second year…
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Leading early-stage African VC firm LoftyInc Capital Management has announced the first close of US$43 million for its new LoftyInc…
Egyptian artificial intelligence startup Widebot has raised US$3 million in pre-Series A funding to help it develop an Arabic large…
South African agri-tech startup Khula has raised ZAR126 million (US$6.8 million) as part of a still-open Series A round, with…
Kenyan re-commerce startup Badili has raised US$400,000 in debt funding from French development organisation Proparco. Founded in 2021 and already…
Leading Egyptian fintech company Fawry has announced strategic investments worth EGP80 million (US$1.6 million) in three local tech startups to…
Total investment into the African tech startup ecosystem fell by more than 50 per cent to US$1.1 billion in 2024…
The African Business Angel Network (ABAN) and a consortium of prominent market players have launched Africa’s Sports & Creative Early…
Egyptian online car marketplace Hatla2ee has been acquired by the UAE-based online classifieds platform Dubizzle Group for undisclosed value. Established…
West African super app Gozem has raised US$30 million in Series B funding to accelerate its expansion and revolutionise digital…