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Local capital sparks Africa's startup funding comeback
Africa's startup ecosystem is emerging from two difficult years with renewed momentum, buoyed by a funding rebound that is increasingly being driven by local venture capital.Data shared during the ...
Africa’s largest fintech company, Flutterwave, has acquired Nigerian open banking startup Mono in an all-stock deal.
In much of Africa, limited and unreliable grid coverage means many depend on polluting diesel generators to power their homes and businesses. South African start-up Hyena has a new hydrogen technology ...
A dramatic rise in mega-funding rounds powered African startups to raise $3.2 billion in 2025, delivering a 40 ...
Benjamin Fernandes’ goal for the fintech startup he launched in 2018, NALA, was to speed up money transfers within his native Tanzania. It now operates in nearly a dozen African countries, providing ...
brings together founders, investors, stakeholders on November 16. As the premier event for the African startup scene, ASF continues to drive impact by fostering collaboration on how tech advancements ...
… as over 3000 stakeholders, startups gather at the 2024 edition. The Africa Startup Festival (ASF) 2024 concluded its most dynamic edition yet, reinforcing its position as Africa’s foremost ...
Africa's digital economy is on the rise, and with a youthful population rapidly increasing, the continent is positioning itself as a global hub for innovation. By 2030, it is estimated that young ...
AllAfrica on MSN
Lagos named Africa's most start-up-friendly city in global index
The report notes that while Lagos already behaves like a global start-up hub, its long-term standing will depend on how quickly infrastructure, regulation and quality of life improve.Lagos State has ...
The pool for growth funding of African start-ups is shrinking. Why? Here are five questions to help you understand the slump in African start-up investment. 1. How much did African start-ups raise in ...
KIAMBU, Kenya — Turn into Tatu City on the outskirts of Kenya’s capital, Nairobi, and it feels like entering a different world. Even the country’s most reckless drivers are transformed, slowing to a ...
Uber Technologies, Inc. (NYSE:UBER) is reportedly discussing a potential investment in African vehicle-financing startup Moove, aiming for a funding round totaling up to $100 million. The U.S.
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