When Capitec Bank opened its doors in 2001, few expected that a start-up based on rejecting almost every convention of South ...
The EastAfrican on MSN
Iran conflict dents African start-up funding
African start-ups raised $2 billion in the first half of 2026, representing a 67 percent ...
As 2024 came to a close, a new milestone was reached in Africa’s tech scene: Two new unicorns were minted back-to-back. The Nigerian fintech Moniepoint and the South Africa-based TymeBank joined seven ...
African startups raised over $1 billion in H1 2026. Here are the 8 most active investors backing the continent's founders — ...
Despite its potential for boosting growth and development, pan-African integration lags the rest of the world, with intra-continental commerce accounting for just around 15% of Africa’s global trade.
African startups have raised more than $2 billion in 2026, excluding exits, reaching the milestone several months earlier ...
Last year, funding into African startups edged past $2 billion, returning to pre-pandemic levels and presenting a mixed bag as expected. Signs suggest 2025 will follow the cautious trends of the past ...
The company uses AI to give last season’s stock a new lease of life, helping to address the fashion industry’s waste problem. The value of excess items in the fashion industry – a whopping ...
Through both private firms and government agencies, Japanese venture capital (VC) investment is emerging as a notable force in Africa’s high-growth industries such as fintech, climate tech and ...
African B2B e-commerce startup Sabi has laid off around 20% of its workforce (~50 employees) as it pivots from its original retail-focused platform to double down on a growing business in commodity ...
African high-tech startups are minuscule compared with their US and European peers but they are finally gaining momentum and attention in some of the world’s most promising economies. “There are ...
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