The Tony Elumelu Foundation (TEF) has disbursed $15 million in non-refundable grants to 3,000 young entrepreneurs across 52 African countries as part of its 2025 entrepreneurship...
Wema Bank Plc has reinforced its commitment to fostering innovation in Nigeria by awarding $200,000 in grants to 18 promising startups through its premier hackathon, Hackaholics....
African startups raised $289 million in January 2025 despite rising global uncertainty. This represents a 240% increase from the $85 million secured during the same period...
MassChallenge Switzerland opens the call for applications today until March 5 to the 10th edition of its Early-Stage Startup Accelerator program, for startups providing solutions in any sector,...
Africa’s start-up ecosystem raised $2.2 billion through equity, debt, and grants in 2024 despite a 25% decline from the $2.9 billion raised in 2023, Africa’s start-up...
A fresh report has revealed that funding for startups in Africa reduced by 32 percent from January to November 2024 when compared to the equivalent period...
Funding to African startups contracted to $780 million in the first half of 2024 from the $1.8 billion recorded during the same period in 2023. Despite...
Madica, a structured investment program dedicated to nurturing pre-seed stage startups in Africa, has announced its inaugural investments in three innovative ventures. Each of these startups...
Despite challenges in the global economy and a slowdown in funding across Africa, Nigerian startups have demonstrated resilience by securing $160 million in funding during the...
Healthcare consulting firm Salient Advisory has launched its latest Intelligence Report, presenting findings on funding activity, covering grant, equity, and debt investments for African healthtech startups...