Startups

Startups in Africa

Africa Startup News publishes only the most insightful articles selected by the most trusted experts in the asian startup scene.

Top news of the week: 16.01.2023.

#Funding
#ATSNBO
#Senegal
#SouthAfrica
#Africa
#Zambia
#debt

@AfriFintech shared
On Jan 14, 2023
Although Africa put in a strong showing in terms of fundraising in 2022, the global funding decline caught up with the continent at the back end of the year. VCs expect this funding slowdown to continue in 2023, bringing with it a number of consequences. https://t.co/8qBAo2KejK
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Africa predicted to experience sustained funding slowdown in 2023

Africa predicted to experience sustained funding slowdown in 2023

Operating environment for startups in Africa is expected to worsen this year, continuing the trend that picked up in the last half of 2022.

@aaronqfu shared
On Jan 11, 2023
So awesome to see team @JetstreamAfrica continuing to smash through the friction that is freight in Africa! https://t.co/LGhHKOWbFS
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Jetstream, a Ghanaian e-logistics platform for Africa’s B2B importers and exporters, takes in $13M equity, debt

Jetstream, a Ghanaian e-logistics platform for Africa’s B2B importers and exporters, takes in $13M equity, debt

Proparco and other VCs back Jetstream, an e-logistics platform for Africa’s exporters and importers, in a $13 million debt and equity round.

@AfriFintech shared
On Jan 16, 2023
@getkwara, a Kenyan fintech digitizing credit unions, has raised a $3 million seed extension and signed an exclusive digital solutions distribution agreement with the Kenya Union of Savings and Credit Cooperatives (Kuscco). Via @TechCrunch. https://t.co/tD2K0UzHh1
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Kenyan fintech Kwara raises $3M seed extension, signs deal to reach over 4,000 credit unions

Kenyan fintech Kwara raises $3M seed extension, signs deal to reach over 4,000 credit unions

Kwara has signed an exclusive digital solutions distribution agreement with the Kenya Union of Savings & Credit Cooperatives (Kuscco).

@whiteafrican shared
On Jan 11, 2023
RT @dkobia: Funding for African startups broke new records last year https://t.co/iqND6cqKv6
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Funding for African startups broke new records last year

Funding for African startups broke new records last year

Francophone Africa's startups are beginning to see more funds come into their markets with Senegal leading the cohort.

@VenturesAfrica shared
On Jan 13, 2023
https://t.co/NeVm4R4Krt
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Top countries that led Africa’s innovation in 2022

Top countries that led Africa’s innovation in 2022

More African countries are exploring their innovative prowess. Here are the top ten African countries that led innovation in 2022.

@allafrica shared
On Jan 15, 2023
U.S. Treasury @SecYellen to Make 11-Day Trip to #Senegal, #Zambia and #SouthAfrica: https://t.co/xXyhEfCMm9 #Africa #debt https://t.co/TsbGqI31jS
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Africa: Detailed Press Guidance for Secretary of the Treasury Janet L. Yellen's Travel to Africa

Africa: Detailed Press Guidance for Secretary of the Treasury Janet L. Yellen's Travel to Africa

Press Release - Secretary of the Treasury Janet L. Yellen will travel to Senegal, Zambia, and South Africa from January 17 through January 28.

@TechCrunch shared
On Jan 12, 2023
Daily Crunch: Pet tech startup Digitail fetches $11M Series A led by Atomico https://t.co/bQNEQyu4Vo by @christinemhall and @Haje
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Daily Crunch: Pet tech startup Digitail fetches $11M Series A led by Atomico

Daily Crunch: Pet tech startup Digitail fetches $11M Series A led by Atomico

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

@VenturesAfrica shared
On Jan 13, 2023
Here are the top 10 investors in African startups by the number of deals closed in 2022: https://t.co/txqdavm6R0
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Top 10 investors in African startups in 2022

Top 10 investors in African startups in 2022

Startup funding in Africa reached another record in 2022, despite a global slowdown. Here are the top investors in African startups for 2022.