NAIROBI, June 23 – Danish non profit startup conference organiser TechBBQ has secured DKK4 million ($620,000) from the Novo Nordisk Foundation to …
Startups and Venture Capital
- Startups and Venture Capital
Spiro Secures $215 Million to Expand Electric Motorcycle Network Across Africa
JOHANNESBERG, June 2 – Africa’s Largest Electric mobility company Spiro has raised $215 million in new equity funding to support the expansion …
- Startups and Venture Capital
Nigeria’s SBP Ventures Launches ₦20 Million SME Innovation Challenge to Connect Founders With Capital
LAGOS, May 22 – SBP Ventures has opened applications for the inaugural Small Business Innovation Challenge, a televised entrepreneurship competition designed to …
- Startups and Venture Capital
South Africa’s NjiaPay Secures $2.1 Million Seed Round to Expand Payment Infrastructure Across Africa
JOHANNESBURG, Mar 9 – NjiaPay, a South African payment routing startup, has raised $2.1 million in a seed funding round as it …
- Startups and Venture Capital
Mubadala, Saudi Investors and IFC Invest $50 Million in Egypt’s Breadfast
CAIRO, Feb 16 – Egyptian e-commerce platform Breadfast has secured 50 million dollars in a pre Series C funding round backed by …
- Startups and Venture Capital
African Startups Raise $1.8 Billion in Debt Funding as Equity Investment Slows
JOHANNESBURG, Feb 13 – African startups sharply increased their use of debt financing in 2025, nearly doubling funds raised through credit instruments …
- Startups and Venture Capital
Africa’s Angel Investors Scale Rapidly as Networks Spread Across 37 Countries
LAGOS, Feb 4 – Africa’s angel investment ecosystem reached a new phase of scale and coordination in 2025, with the number of …