Africa Venture Capital Inflows Shrinks for Second Straight Year

Tech Funding Avenues in Africa for Startups and SMEs

No matter where you start your business it’s essential to secure some sort of funding to get it up and running. However, in some countries, this can be more challenging due to various factors. Africa is one of those places. Despite having incredible talent, its complex and ever-changing landscape makes it hard for tech entrepreneurs to secure funding. However, in recent years, the funding situation has changed in many ways, with new options bein…

Africa Venture Capital Inflows Shrinks for Second Straight Year

Venture capital funding for African startups shrank again last year, though the share of home-grown investors advanced.

Axel Peyriere's guide to angel investing in Africa

After spending a decade travelling across developing countries in Asia and Africa, Axel Peyriere, the CEO of Auto24, a used car marketplace, started investing in African startups as an angel investor in 2011. In the fourteen years since he started cutting cheques for African startups, he has backed over 30 startups including Julaya, Bumpa, Monaco, Curacel, Termii, Grey, Remedial Health, and several others.  “Angel investing came naturally—as a f…

Africa VC inflows shrink for second straight year - TechCentral

Venture capital funding for African start-ups shrank again last year, though the share of homegrown investors advanced.

African Venture Capital (AVCA) Raises $3.6bn in 2024 as Local Investors Lead for the First Time - Tech

Key highlights Africa secured US$3.6 billion in venture capital funding, including US$1.0 billion from venture debt. African investors formed the single largest group of active VC participants in the region for the first time, up from 19% a decade ago Technology-enabled companies drove VC deal flow across various sectors – with FinTech leading while CleanTech and AI gain momentum Despite global fundraising headwinds, the value of final fund clo…