The full picture regarding capital availability for African startups is far from encouraging, but there are always green shoots to highlight.
Let’s talk venture results, unique issues to the African startup scene, and look ahead to see if we can spy any good news on the horizon.
There are signs that funding for climate tech startups will persist in the near term as new funds emerge in Africa.
What drove Africa's record deal volumes when the rest of the world was reining back the enthusiasm of 2021? We polled a few investors to find out.
The operating environment for startups in Africa is expected to worsen this year, continuing the trend that picked up in the last half of 2022.
Africa, bucking global trends, raised more VC dollars in 2022 than 2021. But its unicorn list stayed stagnant.
Tech giants are increasingly looking for tech talent in Africa, where the number of developers reached 716,000 last year, up 3.8% from 2020.
Digital lenders in Kenya will be under the watch of the Central Bank of Kenya under the new Digital Credit Providers regulations.
Outside the Big Four, investments ballooned to $1.4 billion, up 382% year on year, according to Partech's 2021 report.
Experts say that most recent deals were finalized months before macroeconomic challenges hit the global VC landscape. This means there’s a lag in what’s reported as the current state of VC in Afri
Nigerian startups are a huge part of the current Y Combinator cohort. Looking at the data, that should not be a surprise.
Given that VCs are putting more money to work in Africa this year as the quarters tick along, it’s reasonable to anticipate that 2022 could bring even greater total venture investment.