After defying the global funding slowdown of 2022, VC investments in African startups dropped considerably last year, mirroring the situation in other regions where capital taps were significantly […]
Homegrown African VCs emerge to fill in the gaps foreign investors cannot
The African startup scene is expanding beyond the traditional markets of Egypt, Kenya, Nigeria and South Africa, with accelerated activity now reported in other regions across the continent. […]
Norrsken22’s debut fund closes at $205M to back growth-stage startups in Africa
It’s exciting times for growth-stage investment in Africa as Norrsken22, a Pan-African venture capital firm, achieves the final close of its debut fund, raising a total of $205 […]
African startups see their fundraising prospects dry up as capital availability falls yet again in Q3
African startups’ fundraising trends have reverted to what we might call pre-COVID norms. In a nutshell: Startups on the continent raised less money in the third quarter of […]