These are Africa's top 19 funding rounds in 2018 (so far)

These are Africa's top 19 funding rounds in 2018 (so far)


There's no doubt that funding in Africa's tech startups is on the rise. That on its own is exciting. Yet, what is more, exciting is that the deal amounts are also going up every day. Additionally, we are seeing indigenous founders also receive funding in increasing frequency and amount. Below, we take a look at the top 19 deals that have been made into startups in Africa since the beginning of the year. Together, they have a combined total of $441 million. 1. Webuycars, $94M, Unknown round In September 2018, Naspers announced its $94 million (1.4 billion Rand) investment in South Africa's specialized car buying service., Webuycars. The investment was made through Naspers classified arm, OLX Group. Founded in 2001 by Faan and Dirk van der Walt, Webuycars operates a used car marketplace in South Africa offering a specialized car buying service to sellers. 2. Zola Electric... }

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