Ecosystem • Techpoint Africa

Ecosystem

ARM Labs Techstars inaugural cohort with Oyin Solebo

ARM Labs Lagos Techstars program unveils the 12 startups in its inaugural cohort

Chimgozirim Nwokoma

2 months ago

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Ecosystem

Launch Africa Ventures has been Africa’s most active venture capital investor since 2021

More investors continue to show interest in African startups, but Launch Africa Ventures has remained the most active investor for two years in a row.

Chimgozirim Nwokoma

1 month ago

Ecosystem

ARM Labs Lagos Techstars program unveils the 12 startups in its inaugural cohort

The ARM Labs Techstars program has unveiled 12 startups across fintech and proptech as its inaugural cohort.

Chimgozirim Nwokoma

2 months ago

Ecosystem

Kenya leads debt funding to African startups with $608 million

As venture capital funding slowed down in 2022, many African startups turned to debt funding to raise capital. Partech Africa reports that Kenya and Egypt lead the way.

Chimgozirim Nwokoma

2 months ago

Ecosystem

From continued capital crunch to shortage of IT talent, what does 2023 hold for African startups?

With the year drawing to a close, Techpoint Africa spoke to a few investors with experience in the African market to get a feel of what the next year holds. Here are their thoughts and predictions.

Chimgozirim Nwokoma

3 months ago

Ecosystem

Ventures Platform announces closing $46m fund to invest in “category-leading” African companies

The firm announced its first close of $40 million in December 2021, attracting African Limited Partners (LPs). However, its second close has drawn international investors.

Victoria Fakiya

3 months ago

Ecosystem

African venture capital firm, Aruwa Capital Management, announces the close of its first fund with support from the Visa Foundation

Aruwa Capital Management, a venture capital firm bridging the gender funding gap in Africa, has closed its first fund.

Chimgozirim Nwokoma

4 months ago

Ecosystem

Damilola Teidi joins Ventures Platform Fund as Head of Platform and Networks

African venture capital firm, Ventures Platform, has announced the appointment of Damilola Teidi as Head of Platform and Networks

Chimgozirim Nwokoma

4 months ago

Ecosystem

Can African startup funding hit $7 billion in 2022?

The African Private Equity and Venture Capital Association predicts that African startup funding could reach $7 billion in 2022, but with funding slowing down since the second quarter of the year, that may not happen.

Chimgozirim Nwokoma

5 months ago

Ecosystem

Are you a woman-founder struggling to raise funds? These venture capital firms are ready to bet on you

Women founders in Africa receive less than 7% of venture capital funding. Here's a list of seven firms that invest in female founders.

Chimgozirim Nwokoma

6 months ago

Ecosystem

Former Risevest CEO found guilty of sexual misconduct, to join company’s new board of directors

An independent investigation has found former Risevest CEO, Eke Urum, guilty of sexual misconduct. Acting CEO, Tony Odiba, will continue as the startup’s CEO pending the appointment of a new CEO.

Chimgozirim Nwokoma

6 months ago

Ecosystem

Algebra Ventures raises $100 million in the first close of its second fund

Algebra Ventures has announced the first close of its second fund, raising $100 million from its LPs and exceeding its initial target of $90 million.

Chimgozirim Nwokoma

6 months ago

Ecosystem

Nigerian VC firm, Oui Capital, launches a second fund of $30 million

Two years after its official launch and with 18 companies in its portfolio, Nigerian VC firm Oui Capital unveils a second fund of $30 million.

Chimgozirim Nwokoma

8 months ago

Ecosystem

These women have raised millions in a male-dominated startup space; Here’s how they did it

Raising money is hard for anyone regardless of gender but significantly harder for women. We spoke to seven women whose startups have raised over $1 million to learn how to raise money as a woman. Enjoy.

Chimgozirim Nwokoma

1 year ago

Ecosystem

African startups raised $1 million every 2 hours in 2021 — Africa: The Big Deal

2021 was a mind-blowing year for African tech, but beyond the amounts raised, we look at some of the interesting things that happened.

Chimgozirim Nwokoma

1 year ago

Ecosystem

10 memorable moments for African tech in 2021

2021 has been an eventful year for African startups and as we come to the end of the year, we highlight some notable moments for African tech.

Chimgozirim Nwokoma

1 year ago

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