Africa Boasts Nine Unicorns as Confidence in Scalability Grows
African startups secured $2.21 billion across 488 deals in 2024, a 22.73% decline from the previous year. The latter half of 2024 experienced a 24.96% surge in funding compared to the same period in 2023.
Centum Investment Company PLC Convenes 20 Startups and Scaleups to Pitch At Impact AFA@11
Selection of ten startups and ten scaleups for the 11th Angel Fair Africa. Event scheduled for November 7-8 at the Two Rivers International Finance and Innovation Center in Nairobi.
Safaricom, M-Pesa, Sumitomo launch Spark Accelerator for Kenyan startups
Safaricom launched the Spark Venture Fund in 2014 to invest and support late-seed, early growth stage companies in Kenya. The Spark Accelerator program is a partnership between Safaricom, M-PESA Africa, and Sumitomo Corporation.
