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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: 30.01.2023.

#SeedstarsCapital
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@AfriFintech shared
On Jan 27, 2023
2. Unsurprisingly, fintech secured the largest share of debt funding into African startups (45%) in 2022, although renewable energy companies put in a strong showing in second place (39%). https://t.co/1fkeJCBI5q
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Debt funding is on the rise at African startups

Debt funding is on the rise at African startups

Equity still made up over three-quarters of funds African startups raised last year. But the year-on-year increase in debt financing, in deal volume and dollar value, was unprecedented.

@AfriFintech shared
On Jan 25, 2023
The Central Bank of Nigeria (@cenbank) has launched its Regulatory Sandbox so as to provide startups with an enabling environment to securely test their innovative fintech solutions while getting regulatory guidance. Via @Techpointdotng. https://t.co/HV2MigOBt6
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CBN’s regulatory sandbox goes live as regulator seeks to improve quality of financial services in Nigeria

CBN’s regulatory sandbox goes live as regulator seeks to improve quality of financial services in Nigeria

The CBN has announced that its regulatory sandbox is live as it seeks to improve the quality of financial services in the country.

@TechCrunch shared
On Jan 27, 2023
How African startups raised venture capital in 2022 https://t.co/9tNPmhhX3G by @ulonnaya
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How African startups raised venture capital in 2022

How African startups raised venture capital in 2022

African tech slightly raised more venture capital in 2022 than it did the year before. One major driver of that growth is the uptake in venture debt.

@Ventureburn shared
On Jan 24, 2023
Amid the drastic pullback in global VC funding, the African tech ecosystem stands out with more than 8% growth from 2021. Debt funding doubled in volume to $1.5 billion, accounting for nearly a quarter of the total funding. https://t.co/dXn8MpkJH0
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African tech ecosystem grows with $6.5b raised in 2022

African tech ecosystem grows with $6.5b raised in 2022

Partech Africa, the VC fund dedicated to technology start-ups in Africa, has issued its annual report on Africa Tech Venture Capital.

@AfriFintech shared
On Jan 26, 2023
5. In terms of investor activity in 2022, Africa saw: - 1,149 unique equity investors (+29% YoY) - 335 investors were involved in 2 deals or more (+27% YoY) - 20 investors participated in 10 deals or more (+11% YoY) Get the full report here: https://t.co/A6kGPX0iHA
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2022 Africa Tech Venture Capital

2022 Africa Tech Venture Capital

Easily download a pdf version of the report

@DisruptAfrica shared
On Jan 24, 2023
11 startups selected for 3rd ASIP Accelerator powered by Startupbootcamp AfriTech https://t.co/kkABXQJtxc
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11 startups selected for 3rd ASIP Accelerator powered by Startupbootcamp AfriTech

11 startups selected for 3rd ASIP Accelerator powered by Startupbootcamp AfriTech

Startupbootcamp AfriTech and telecom firm Telecel Group have selected 11 startups to take part in the third edition of the Africa Startup Initiative Program (ASIP) accelerator.

@Seedstars shared
On Jan 26, 2023
Check out this in-depth analysis of Seedstars' master plan to accelerate their impact in the startup ecosystem. A huge thank you to @timothy_motte for his thorough research and insights. Follow the link to learn more: https://t.co/IhtirSQx3y #SeedstarsCapital #vc #investment
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Seedstars' masterplan to accelerate the first global generation of VCs

Seedstars' masterplan to accelerate the first global generation of VCs

Seedstars has been at the forefront of the rapidly globalizing startup world for years. Their new endeavor has the potential to solve a lingering problem in emerging ecosystems.

@Dario__Gln shared
On Jan 30, 2023
RT @briterbridges: Digging deeper into the data is one of our new insights series where our team tries to make sense of charts and numbers 📊 ⬇️ https://t.co/cefzsQtGZ4
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