Funding In Western Africa
Nigeria’s tech startup, Kuda, raises $25mn in Series A funding round for growth & expansion
This Series A round of funding included participation from existing investor Target Global and an undisclosed international venture capital firm located in Berlin alongside several other existing investors. Read more
Latest News
South Africa’s Car tech startup, Mazibuko Motors, unveils country’s first electric battery bakkie
As a fully-self funded startup from inception, Mazibuko Motors is reportedly planning to enter a seed round of funding to increase investment into the startup. Read more
Apply For Funding GetFundedAfrica provides equity capital from $1,000 to $50,000. For larger amounts (Above $50,000) we organize syndicated funding rounds of up to $500,000. Apply Here
Opinion Corner
Five risk trends affecting SMMEs
The sector has faced more than its fair share of obstacles during the Covid-19 pandemic amidst a contracting economy and lockdown measures that reduced income streams to a trickle. Read more
Why Lagos has become Africa’s most attractive tech hub for investors
In 2019, Nigerian startups were backed by more than $600 million in venture capital funding. Africa, as a whole, received an inflow of over $1 billion in the same year, the first time the continent’s startups crossed the threshold. Read more
