Category: Startups
38 African startups raise over $119 million in February, fintech and logistics record largest investments
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A Tuesday report by Big Deal revealed that African startups raised more than $119 million in February 2025,…
Equator fund targets early-stage climate startups in Africa
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On Tuesday, Equator, a venture capital firm focused on climate technology in Sub-Saharan Africa, announced the final close…
Morocco introduces digital child health records
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Morocco has launched the Digital Child Health Record to enhance healthcare access and preventive care. Announced on Monday,…
54 Collective halts venture studio operations in Africa
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On Tuesday, 54 Collective, formerly known as Founders Factory Africa, announced that it will discontinue its venture studio…
Djamo secures $1.3 million funding from state-owned CDC-CI Capital
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Ivorian fintech startup Djamo has recently secured funding from the state-owned investment fund CDC-CI Capital, amounting to 800…
Acumen backs Ghanaian agritech startup, Wami Agro
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On Wednesday, Acumen, a global impact investment fund, announced that it had invested strategically in Wami Agro, a…
Ghana’s Oze secures Visa, DEG funding to scale AI-powered lending across Africa
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On Thursday, Ghana’s fintech startup Oze announced a successful funding round aimed at enhancing its AI-driven digital lending…
Algeria earmarks $11 million to support AI, cybersecurity startups
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Algeria is taking bold steps to enhance its digital economy with the launch of an 1.5 billion dinar…
Vendease cuts 120 jobs in latest round of layoffs
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Vendease, a Y Combinator-backed food procurement startup operating in six Nigerian cities, has implemented its second round of…
Former OpenAI CTO Mira Murati launches new AI startup, Thinking Machines Lab
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Mira Murati, the former Chief Technology Officer at OpenAI, has launched Thinking Machines Lab, a new artificial intelligence…
