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Funding
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Africa’s startups brought in $2.2 billion in 2024
African startups collectively raised $2.2 billion in 2024, marking a 25% decline from the previous year, according to a report...
Read moreAccrue, a Nigerian fintech startup has raised $1.58 million in seed funding
Nigerian fintech startup Accrue has successfully raised $1.58 million in a seed funding round led by Lattice Fund, with participation...
Read moreOpenAI is discussing plans to get more funding, which could make the company worth as much as $340 billion
OpenAI, the artificial intelligence company behind ChatGPT, is reportedly in discussions to raise new funding, which could push its valuation...
Read moreNjiaPay, a South African startup, has raised $1M in a funding round
South African fintech startup NjiaPay has successfully raised over $1 million in an oversubscribed pre-seed funding round. The round was...
Read moreFincart, based in Egypt, has raised a pre-seed funding round
Cairo-based startup Fincart.io has successfully closed an undisclosed pre-seed funding round led by Plus VC, with participation from Plug and...
Read moreInsight Terra, a climate-tech platform based in South Africa, has raised $5.7M in a Series A extension funding round
Insight Terra, a South African climate-tech company specializing in environmental risk management, has successfully closed a $5.7 million Series A...
Read moreLemFi, a Nigerian fintech startup, has raised $53 million in its Series B funding round
LemFi, a fintech platform dedicated to providing financial services for immigrant communities, has raised $53 million in a Series B...
Read moreHudhudshop, a Qatari e-commerce platform, has secured a six-figure investment in its pre-seed round
Hudhudshop, the top e-commerce platform with its headquarters in Qatar, recently announced that it has successfully raised six figures in...
Read moreElon Musk’s xAI has secured $6 billion in new funding
According to a filing with the U.S. Securities and Exchange Commission, Elon Musk's artificial intelligence company, xAI, has raised $6...
Read moreNowlun, an Egyptian logistics startup, has raised $1.7 million in seed funding
Nowlun, an Egyptian logistics startup, has secured US$1.7 million in seed funding to support its goals for expansion and expedite...
Read moreHub2, an Ivory Coast fintech startup, has raised $8.5 million in a Series A round of funding
HUB2, a fintech startup with a Francophone focus, has raised EUR8 million (US$8.4 million) in a Series A round of...
Read moreEnakl, a Moroccan mobility startup, has raised $1.4 million in pre-seed funding
Enakl, a Moroccan urban mobility startup, has raised US$1.4 million in pre-seed funding to enable it to create intelligent, safer,...
Read moreThe Big 5
