The first half of this year was a period of redefinition in the African Startup Ecosystem. It was a period characterised by diversification, the emergence of new top performers, cross-border investments, a merger and, importantly, a record-breaker. African startups have broken a record set by economic setbacks by securing $1.4 billion in funding in H1 […]
In the crowded streets of Lagos, where flooding chokes drainage systems clogged with discarded plastic, Salubata saw an opportunity, a chance to turn pollution into possibility. Reimagining Waste as Design Co-founded in 2020 by environmental scientist and creative director Fela Buyi Akinse, along with Yewande Akinse, Salubata creates modular shoes from recycled plastic waste sourced […]
When a bad cup of office coffee met a childhood rooted in Kenya’s coffee farms, something unexpected happened: Margaret Nyamumbo discovered a mission and a business. Roots in Coffee and Resilience Growing up on her grandfather’s coffee farm in Kisii, Kenya, Margaret witnessed the backbone of the industry firsthand. While women provided 90 percent of […]
Kenya cemented its position as the leader in Africa’s startup funding landscape in 2024. It raised an impressive $638 million, according to Africa: The Big Deal’s annual funding report. This marked 88% of East Africa’s total funding and was driven by significant investments in climate tech startups like and SunCulture. Meanwhile, Nigerian startups followed closely, […]
The African fintech landscape in 2024 was marked by both challenges and opportunities, underscoring the sector’s resilience and adaptability.
The fight against climate change has a new hero, and it’s not from where you’d expect. Meet Octavia Carbon, a groundbreaking Kenyan startup rewriting the rules of carbon removal with cutting-edge Direct Air Capture (DAC) technology.
Dubai recently hosted the seventh African Emirati Business Summit at the Carlton Tower Hotel in Dubai. The event was honored by Sheikh Salem bin Sultan bin Saqr Al Qasimi, Chairman of the Department of Civil Aviation, Ras Al Khaimah.
When people talk about startups, the spotlight usually falls on the “big fish” – the unicorns making waves across tech hubs and newsfeeds. But there’s an overlooked powerhouse many aren’t paying attention to: Africa’s grey economy. A powerhouse because it supports millions of lives and drives economic activity in ways that you’d not normally notice. […]
What happens when a global powerhouse in startup acceleration suddenly decides to pull out of one of Africa’s fastest-growing tech hubs? After just two years in Nigeria, ARM Labs Lagos Techstars has surprised everyone by shutting down its operations. This also means the third program, which started in March 2024, is now officially canceled. The news […]
Let’s chat about agriculture in Africa. It’s not just a part of the economy; it’s essential for millions of people who depend on it for their livelihoods. But here’s the reality: many farmers face tough challenges. From unpredictable weather to limited access to modern tools, it can be a struggle. Thankfully, there’s a wave of […]
