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Africa

Corporate investment in African startups reached 3-year high in early 2025

The first half of 2025 saw a 44% jump in the number of corporate-backed startup funding rounds in Africa.

Dec 19, 2025

Vuyo Mpako leaves insurer Old Mutual's Next176 venture arm

Mpako set up the unit in 2021 and has seen the team build more than 12 companies, many of which have partnerships with Old Mutual.

Dec 10, 2025

Jägermeister’s VC looks to Africa, emerging markets for consumer tech growth

Consumer trends are increasingly coming from emerging markets and Jägermeister is tapping into African startups to get ahead of the shift.

Sep 18, 2025

Monex Group launches new $20m fund to back African startups

Monex Ventures and Uncovered fund are investing tens of millions into the African tech startup ecosystem.

Aug 20, 2025

Why investors are developing a taste for alt-chocolate

Shortages and inflated prices in the cocoa industry have pushed startups to create chocolate alternatives that taste and feel like the original. Investors are taking a bite.

May 23, 2025

"Hard tech" isn't as hard as investors fear, says Honda Xcelerator Ventures

Julien Fredonie, Honda Xcelerator Ventures’ head of Europe and Africa, says hard tech isn't riskier than other investment categories and Europe is well placed to play a big role in this area.

Apr 10, 2025

UAE’s Yango Group launches $20m fund to back young entrepreneurs

Yango Ventures will focus on early-stage startups in the online-to-offline, B2B SaaS and fintech sectors to drive digital transformation.

Mar 21, 2025

Koranteng joins Sony Innovation Fund in Africa

The Japanese electronics producer named Kwame Koranteng an investment manager for its CVC arm, representing its first Africa-based investor.

Sep 23, 2024

Other News

Sohaila Ouffata leaves BMW’s CVC to join African female founder nonprofit

African Tech Vision helps female founders to build scaleable tech businesses.

Aug 14, 2024

Sony Ventures to go global for its next fund

Sony's venture arm plans to look to Europe and beyond for backers when it launches its next fund, as it expands to Africa and seeks content as well as tech.

Jun 21, 2024

CVC is key to making South Africa a startup hotspot

South Africa's strong fintech sector, financial and regulatory systems make it an opportunity for foreign investors, but local corporates need to help seed the startup ecosystem.

Jun 19, 2024

Video: ‘Corporates know the future of business is in Africa’

Venture capital fund and platform Founders Factory Africa is growing its portfolio and seeks corporate investors to fund African startups.

Apr 16, 2024

Longhorn Publishers launches venture studio

Longhorn Digital Ventures Studio Kenya will act as an incubator for edtech innovations and support digital education content.

Mar 20, 2024

Ssemwogerere promoted to SVP at Standard Bank Group

Kevin Ssemwogerere, previously a renewable energy-focused CVC lead, is appointed SVP of investment banking ventures at the South African bank.

Mar 4, 2024

Editor's Picks

The Big Deal: Husk targets "half the planet" with its solar systems

Husk Power Systems has just raised $100m from investors including Shell to build 1,500 solar mini-grids in India and Nigeria in the next four to five years.

Oct 27, 2023
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