Data About Africa's Tech Companies

Delete Item

Are you sure you want to Continue ?

Delete

Edit Item

Loading..

This micro VC has injected over $3.5M into 8 African startups in under a year
Often times, African startup founders cite access to funding among the top challenges they face when trying to bring their ideas to life. Yet, over time, the African continent is seeing more and more investors willing to back startups headquartered o...
When should a startup be regarded as African?
On March 1, 2017, I launched a blog called Startup Digest Africa (which later became Digest Africa). The goal was to tell stories of high-growth early-stage African businesses that had the potential to become pan-African. Through that, my thinking...
Golden State Warriors’ Andre Iguodala joins Jumia Board of Directors
Leading e-commerce platform in Africa, Jumia announces the addition of the NBA player and tech “ambassador” on its board. Andre Iguodala, a member of the three-time reigning NBA champion Golden State Warriors, has joined the Board of Directors...
African Startups That Have Raised At Least $20M In A Single VC Round
Last year, the US recorded over $100 billion in venture capital investment according to CB Insights report while Africa only recorded less than $1 billion per Digest Africa data. Yet, although there is still a huge gap between venture capital investm...
In Brief: Bboxx Crowdfunds €6 million For Its African Solar Projects
A London utility company has raised €6 million ($6.8 million) for its African solar projects through a crowdfunding site —  which it says is the largest transaction of its kind to-date. BBOXX, formed in 2010, has operations in 12 African coun...
Bittrex Leads $1.5 Million Round for South Africa Crypto Exchange VALR
Global crypto exchange Bittrex led a $1.5 million seed round in South African trading platform VALR. Bittrex CEO Bill Shihara told CoinDesk the South African market has “tremendous untapped potential.” Fellow VALR investor Michael Jordaan of M...
MultiChoice Group lists on the  Johannesburg Stock Exchange
MultiChoice Group Limited (MCG) today listed on the Johannesburg Stock Exchange (JSE). The listed MCG includes MultiChoice South Africa (MCSA), MultiChoice Africa Holdings (MAH), Showmax, as well as the global digital platform security provider Irdet...
In Brief: Russian marketplace B2B-Export secures $4M from top African businessman
B2B-Export, an online platform that helps Russian industrial companies sell their products abroad, has received $4 million from African businessman Isaac Kwaku Fokuo, Jr., in exchange for a 5% stake. The news was first reported last week by the ...
Egypt's Trella Raises $600k+ Pre-Seed Round Led By Algebra Ventures
Trella, the trucking marketplace that connects shippers with carriers, announced that it has raised $600k+ in a pre-seed funding round led by Algebra Ventures, with participation from strategic investors, global VCs, and notable angel investors inclu...
SunFunder Reaches First Close On New $85m Solar Energy Debt Fund
Last week, SunFunder announced the $42.5m first close of their new Solar Energy Transformation (SET) Fund with anchor investors the Overseas Private Investment Corporation (OPIC), Calvert Impact Capital, Ceniarth and the IKEA Foundation. SunFunder ha...
South Africa's Coindirect Raises €1m Seed Round Led By Concentric
Coindirect, the global cryptocurrency platform, has raised €1m in an investment round led by Concentric, with participation from Blockchain.com, and MakerDAO. The end-to-end cryptocurrency platform, founded by Donald Jackson, Jesse Hemson-Struthers...
Tugende Secures $5M To Expand Financial Inclusion In Uganda
Founded in 2012, Tugende is a Uganda-based for-profit social enterprise dedicated to putting people in control of their economic future. An asset-finance specialist, Tugende provides finance and support to help self-employed entrepreneurs own income ...
Uganda's SafeBoda Is Finalizing Expansion To Third East African Country
SafeBoda - a Uganda-based bike-hailing startup - is among the continent's promising startups going by their expansion and driver growth metrics. Though it describes itself as venture-backed, it is not clear how much SafeBoda has raised to date becaus...
Online Marketplace For African Fashion & Art Secures €500k Seed Round
In 2016, the African Development Bank (AfDB) estimated that the continent's fashion industry could be worth $15.5bn over the next five years leading to 2021. The estimation was supported by the growing interest in African fashion, art and music acros...
Exclusive: Mauritius-based Talent2Africa Scores $1M In Seed Funding
A report published in 2015 by Russel Reynolds Associates pointed out that businesses operating in Kenya, Nigeria and South Africa face a growing executive talent gap and are confronted with a gap in traditional management skills such as team building...