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 […]
Moniepoint has done it again! This Nigerian fintech powerhouse has been on a roll, and in 2023 alone, they handled an incredible 5.2 billion transactions. That’s right – 5.2 billion!
Nigeria-based startup OmniRetail has announced the acquisition of Traction Apps, a Lagos-based business payments platform, in a move aimed at enhancing its point-of-sale (POS) and inventory management services for African small and medium-sized enterprises (SMEs). The acquisition, which was recently shared on LinkedIn, marks a significant step in OmniRetail’s mission to digitize traditional e-commerce for […]
Madica, an Africa-focused pre-seed investment program, has made a strategic investment in Earthbond, a Nigerian climate tech startup focused on providing affordable solar energy solutions to small and medium-sized enterprises (SMEs). This funding will allow Earthbond to enhance its operations and bridge the clean energy gap for businesses across Nigeria. Founded in 2023 by Chidalu […]
