Startups
In nearly a decade, hundreds of entrepreneurs have emerged with innovative startups across the African continent. We provide insights on their experiences and highlight the activities of investors who fund them.
Top stories
Moniepoint has gotten regulatory approval to begin talks to acquire Kenya’s Sumac Microfinance Bank, which has $23 million in assets.
What if you could build a successful startup without relying on VC? This article reveals how the founder of smallChops.ng used customer revenue to scale, offering practical tips on value, process, and growth.
Exclusive: For months, Heroshe customers in Nigeria have been unable to get their packages from the US, UK, and China. Many say the company stopped communicating, asked for extra fees, and still failed to deliver. Now, Heroshe may be shutting down logistics entirely.
Nigerian startups are increasingly turning to debt for growth, but experts warn it’s only suitable for mature companies with strong financials, compliance, and a clear repayment strategy.
Before COVID-19, Lara.ng had 250k monthly users. Now, founder Samuel Odeloye is using eight years of transit data to build Motion Space, a smart logistics platform for Nigeria.
Vendease’s CFO, Mohamed Chaudry, resigns amid a major company restructuring that includes layoffs, a strategic pivot to software, and a renewed search for funding.
US lawmakers have passed a bill to tax remittances by non-citizens, a move that could disrupt African fintechs and reduce the $90bn diaspora inflows critical to the continent.
Valu, Egypt’s BNPL leader, secures EGX listing approval and $27m Saudi funding to boost expansion.
Remote4Africa is building Africa’s remote workforce one job at a time. Fully bootstrapped and self-sustaining, the platform connects African talent to global opportunities through curated and vetted listings.
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.
Egypt’s Sylndr raises $15.7m to modernise used-car sales with tech-driven platform for buying, selling, financing, and servicing vehicles.
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.
Sycamore, Drive45, Crop2Cash, and 24Seven were standout winners at Cascador Pitch Day, securing over ₦4 billion in financing to accelerate their growth.
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.
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.
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.
Nigerian delivery startup Chowdeck has officially launched in Ghana, introducing a customer referral scheme, a tiered reward system and an extensive rider training programme
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.
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.