Lack of funding major cause of African startups’ shutdowns in 2024 -Report
A report by Startup Graveyard has identified funding shortages as the primary cause of African startups' shutdowns in 2024, the same as ...
Tag: African startups
African startups raise $289 million in January, marking a strong start for 2025
African startups kicked off 2025 with a remarkable fundraising performance, securing a total of $289 million in January through several ...
Moniepoint, Tyme‘s mega deals push African startups’ fundraising to $2.2 billion in 2024
African startups cumulatively raised a total of $2.2 billion in 2024 driven by two mega deals by Nigeria’s Moniepoint and ...
Seedstars Africa Ventures secures $42 million to scale early-stage African startups
Seedstars Africa Ventures I, a venture capital fund focused on early-stage investments in scalable African startups, has announced a first ...
African startups secure $250 million in October, bolstered by Moniepoint’s Series C
African startups collectively raised $250 million in funding in October, driven by a significant $110 million Series C round from ...
Fintechs lead as African startups raise $138 million in September 2024—Report
African startups announced a total of $138 million in September 2024, encompassing equity, debt, and grants.
Only three female-led African startups make top 100 fundraising since 2019—Report
The latest report by Africa: The Big Deal, which tracks investments in the continent’s startups has revealed that only three female-led ...
Nigeria accounts for 14% as African startups raise $56 million in August 2024 – Report
A single raise by Nigerian fintech, Waza, gave the country a 14% share of total funds raised by African startups ...
Google-backed African startups have raised $266 million in 3 years – Report
African startups backed by the Google for Startups Black Founders Fund have collectively raised $266 million from VCs in the ...
Why African startups need to launch in multiple countries – Tizeti CEO
According to him, skyrocketing exchange rate has been a major issue for African startups, especially, when they have to provide ...
