Startups

EXCLUSIVE

Innovate Africa Fund’s focus on ‘wicked problems’ is shaping how African startups can solve problems

Kristin Wilson, Managing Partner, Innovate Africa Fund

EXCLUSIVE

Sylndr raises $15.7m to digitise Egypt’s used-car sector

Vehicle with Sylndr logo on it

EXCLUSIVE

MaxAB-Wasoko deepens Egypt footprint with Fatura acquisition

MaxAB Wasoko acquires Fatura

EXCLUSIVE

Sycamore, Drive45, others win big at Cascador Pitch Day

Cascador Alumni

EXCLUSIVE

Morocco’s Sand to Green wins $50K grant as African climate startups attract global funding

Founders of Sand to Green

EXCLUSIVE

Emergency response platform AURA raises €13.5M to expand into US market

AURA South Africa

EXCLUSIVE

Why fixing women’s health is key to improving African economies

Femtech solutions

EXCLUSIVE

Chowdeck launches in Ghana with customer reward and rider training scheme

Chowdeck launch in Ghana

EXCLUSIVE

4 African startups that shutdown in Q1 2025

Startup shutdowns in Q1 2025

EXCLUSIVE

TeKnowledge launches AI-First Expert Services in Lagos, eyes expansion across Africa  

TeKnowledge executive team

EXCLUSIVE

Google for Startups leads $1.4 million investment in Nigeria’s Platos Health

Women sitting in a hospital lab

EXCLUSIVE

Ghana’s Complete Farmer is connecting African farmers to global markets 

Complete Farmer team

EXCLUSIVE

Africa’s startup funding rebounds in April 2025, South Africa and Egypt lead 

startup

EXCLUSIVE

Top African countries for startup funding in 2025: Q2 performance forecast

Top African Countries for Startup Funding in 2025

EXCLUSIVE

MoneyFellows raises $13m to digitise traditional savings and expand beyond Egypt

Some members of the Money Fellows team.

EXCLUSIVE

Seven African pharmacy startups to receive up to $225K from i3

i3's previous cohort

EXCLUSIVE

Ghana-based energy startup Kofa secures $8.1m to expand across East and West Africa

Kofa Technologies Team Ghana

EXCLUSIVE

Glovo and Salad Africa partner to provide financing worth ₦100m for SMEs

Salad Africa

EXCLUSIVE

OmniRetail secures $20m to expand across West Africa

OmniRetail team

EXCLUSIVE

How GetEquity became profitable by shifting from equity to debt investments

GetEquity team

Egypt’s Sylndr has raised $15.7m to expand its digital platform for buying, selling, financing, and servicing used cars


MaxAB-Wasoko acquires Fatura from EFG Finance, expanding its B2B marketplace in Egypt and accelerating its goal of consolidating Africa’s fragmented retail supply chain.



Moroccan startup Sand to Green has secured $50K at the DeepTech Summit 2025, signalling rising global interest in African climate-tech solutions


AURA, a South African emergency response startup, has raised €13.5M to expand into the U.S. and scale its API-driven service that connects users to nearby responders.



Chowdeck, a Nigerian delivery startup, has officially launched in Ghana, with a customer reward scheme and a rider training programme.




Backed by Google and Tesla, Nigerian healthtech startup Plato Health has raised $1.4 million in pre-seed funding to scale its AI-driven platform and smart medical devices



African startups raised $343 million in April 2025, a significant boost from the $50 million funding in March 2025



With 8.5 million users and profitability in Egypt, MoneyFellows plans to launch in Morocco and explore other African and South Asian markets fuelled by $13 million in funding.


Seven African startups in the pharmacy space have been selected for the third cohort of Investing in Innovation (i3), where they will receive up to $225,000 in funding and gain access to a network of key healthcare decision-makers across Africa.


Supported by E3 Capital and Injaro Investments, Ghana-based startup Kofa has just raised $8.1m to power Africa’s clean energy future.


Glovo Nigeria and Salad Africa have partnered to provide SMEs on the Glovo app with up to ₦100 million in collateral-free loans.


OmniRetail secured $20m in Series A funding, co-led by Norfund and Timon Capital. The funding will strengthen OmniRetail’s plans to expand its B2B platform across West Africa.


GetEquity has reached profitability by shifting to local debt notes, processing over ₦500 million in transactions.


Innovate Africa Fund’s focus on ‘wicked problems’ is shaping how African startups can solve problems

Innovate Africa Fund supports entrepreneurs tackling the continent’s most persistent problems, and Managing Partner Kristin Wilson discusses the challenges and tips for building scalable, sustainable startups.

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Sylndr raises $15.7m to digitise Egypt’s used-car sector

Egypt’s Sylndr raises $15.7m to modernise used-car sales with tech-driven platform for buying, selling, financing, and servicing vehicles.

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MaxAB-Wasoko deepens Egypt footprint with Fatura acquisition

After merging in 2024, MaxAB-Wasoko continues its consolidation streak by acquiring Egypt’s Fatura, bringing 626 wholesalers and new city expansions under one unified B2B platform.

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Sycamore, Drive45, others win big at Cascador Pitch Day

Sycamore, Drive45, Crop2Cash, and 24Seven were standout winners at Cascador Pitch Day, securing over ₦4 billion in financing to accelerate their growth.

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Morocco’s Sand to Green wins $50K grant as African climate startups attract global funding

Moroccan agritech startup Sand to Green has won a $50K grant at the DeepTech Summit, spotlighting Africa’s rising climate-tech sector and growing investor interest in sustainable innovation.

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Emergency response platform AURA raises €13.5M to expand into US market

AURA has raised €13.5M in Series B funding to expand into the U.S. and develop a global dispatch network that connects users with nearby emergency responders, regardless of national borders.

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Why fixing women’s health is key to improving African economies

In this chat with Techpoint Africa, Margaret Ntambi, Partner at Velocity Digital, explores the potential of femtech in Africa, highlighting how investing in solutions for women’s health can drive economic growth and improve lives across the continent.

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Chowdeck launches in Ghana with customer reward and rider training scheme

Nigerian delivery startup Chowdeck has officially launched in Ghana, introducing a customer referral scheme, a tiered reward system and an extensive rider training programme

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4 African startups that shutdown in Q1 2025

In Q1 2025, most startup shutdowns in Africa were Nigerian. These shutdowns highlight ongoing challenges in funding, operations, and sustainability across the continent’s growing tech ecosystem.

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TeKnowledge launches AI-First Expert Services in Lagos, eyes expansion across Africa  

TeKnowledge has launched its AI-First Expert Services in Nigeria, marking seven years of local impact and setting bold plans to expand across Africa, with Nigeria as its largest global tech hub.

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Google for Startups leads $1.4 million investment in Nigeria’s Platos Health

Backed by Google for Startups and angel investors from Tesla, Nigerian healthtech startup Plato Health has raised $1.4 million in pre-seed funding to scale its AI-driven platform and smart medical devices that help users monitor and manage chronic conditions from home.

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Ghana’s Complete Farmer is connecting African farmers to global markets 

Using a blend of tech, finance, and human networks, Complete Farmer is helping farmers in Ghana and Togo to access an international market and has its sights set on an expansion to Côte d’Ivoire.

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Africa’s startup funding rebounds in April 2025, South Africa and Egypt lead 

Africa’s startup funding bounced back in April 2025, pulling in $343 million as South Africa and Egypt led the funding landscape.

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Top African countries for startup funding in 2025: Q2 performance forecast

Despite a marginal YoY dip, African startups still attracted $460 million in Q1 2025. We analyse the drivers for startup funding, where the money is going, and what founders should know as the year unfolds.

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MoneyFellows raises $13m to digitise traditional savings and expand beyond Egypt

MoneyFellows raises $13m to digitise traditional savings groups and expand beyond Egypt, starting with Morocco later this year.

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Seven African pharmacy startups to receive up to $225K from i3

Seven African pharmacy startups will receive up to $225,000 in grant funding from the i3 programme, which supports the scaling of healthtech innovations across the continent.

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Ghana-based energy startup Kofa secures $8.1m to expand across East and West Africa

Kofa, a Ghana-based energy startup, has raised $8.1 million to expand its AI-powered battery-swapping network across urban Africa, boosting clean, reliable energy access. This marks a major step for Africa’s renewable energy sector.

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Glovo and Salad Africa partner to provide financing worth ₦100m for SMEs

Techstars-backed Salad Africa has signed a new partnership that will see it provide up to ₦100 million in financing for Glovo merchants in Nigeria.

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OmniRetail secures $20m to expand across West Africa

OmniRetail has raised $20m in a Series A led by Norfund and Timon Capital, with Ventures Platform, Aruwa Capital, Goodwell Investments, and Flour Mills of Nigeria also participating.

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How GetEquity became profitable by shifting from equity to debt investments

GetEquity, a Nigerian equity crowdfunding platform, has achieved profitability by pivoting to debt notes. The platform has processed over ₦500 million since introducing debt notes.

Follow the story


Egypt’s Sylndr has raised $15.7m to expand its digital platform for buying, selling, financing, and servicing used cars


MaxAB-Wasoko acquires Fatura from EFG Finance, expanding its B2B marketplace in Egypt and accelerating its goal of consolidating Africa’s fragmented retail supply chain.



Moroccan startup Sand to Green has secured $50K at the DeepTech Summit 2025, signalling rising global interest in African climate-tech solutions


AURA, a South African emergency response startup, has raised €13.5M to expand into the U.S. and scale its API-driven service that connects users to nearby responders.



Chowdeck, a Nigerian delivery startup, has officially launched in Ghana, with a customer reward scheme and a rider training programme.




Backed by Google and Tesla, Nigerian healthtech startup Plato Health has raised $1.4 million in pre-seed funding to scale its AI-driven platform and smart medical devices



African startups raised $343 million in April 2025, a significant boost from the $50 million funding in March 2025



With 8.5 million users and profitability in Egypt, MoneyFellows plans to launch in Morocco and explore other African and South Asian markets fuelled by $13 million in funding.


Seven African startups in the pharmacy space have been selected for the third cohort of Investing in Innovation (i3), where they will receive up to $225,000 in funding and gain access to a network of key healthcare decision-makers across Africa.


Supported by E3 Capital and Injaro Investments, Ghana-based startup Kofa has just raised $8.1m to power Africa’s clean energy future.


Glovo Nigeria and Salad Africa have partnered to provide SMEs on the Glovo app with up to ₦100 million in collateral-free loans.


OmniRetail secured $20m in Series A funding, co-led by Norfund and Timon Capital. The funding will strengthen OmniRetail’s plans to expand its B2B platform across West Africa.


GetEquity has reached profitability by shifting to local debt notes, processing over ₦500 million in transactions.