Startups across Africa raised over $345 million in May 2025, marking more than double the amount raised during the same month last year, according to a report by research firm
Kenyan solar energy startup Solar Panda has entered the Southern African market through the acquisition of Vitalite Zambia Limited.
The deal adds over 100,000 new customers to Solar Panda’
Startups in Kampala are being encouraged to integrate intellectual property (IP) protections into their business models from the outset, as a key strategy to safeguard innovation and attract investment.
This
Meta has launched the Llama Impact Accelerator, a startup-focused program aimed at strengthening open-source AI innovation across Sub-Saharan Africa. Targeting early-stage ventures, the initiative will support the development of AI
Salus Cloud, an AI-native DevOps startup founded in 2024 by Andrew Mori, has raised $3.7 million in seed funding to scale its platform across Africa, the Middle East and
Kenyan agri-tech startup Twiga Foods has temporarily suspended its Nairobi operations for two months as part of what it calls the “final stage” of a business transformation aimed at reshaping
Ten Kenyan startups have secured a spot in the regional finals of the prestigious Startup World Cup. The competition, held during the Kenya Startup Festival and organized by the Kenya
Ethiopian food delivery startup beU has recorded May as its first profitable month after nearly four years of operation. The company, which launched in June 2021, has invested $4 million
The Finance Bill 2025 has proposed significant tax reforms that could reshape Kenya’s startup landscape, including the removal of deferred taxation on Employee Share Ownership Plans (ESOPs).
If passed,
PayU GPO, an online payment service provider operating in over 40 emerging markets, unveiled the launch of Account-to-Account (A2A) payments in Nigeria and the appointment of Ryan Engel as the
Kenya attracted Ksh82.5 billion (USD 634 million) in startup funding in 2024, reaffirming its position as Africa’s top destination for venture capital, according to the Kenya Innovation Outlook
Ethiopia’s Council of Ministers has unanimously endorsed a long-delayed Startup Proclamation, setting the stage for a significant policy shift aimed at formalizing and boosting the country's emerging
