Cameroon’s REasy raises $1.8m to fix how Africa’s importers pay suppliers
REasy raised $1.8 million in pre-seed funding to support its West African expansion. The funding round was backed by Ingressive Capital, Launch Africa, and 54 Collective, among others.
What do investors mean when they say founders should build for Africa?
Dipo Ojo, founder of Trippa, has been advised by investors to 'build for Africa' while demonstrating traction and scalability. Investors expect startups to prove their ability to scale globally, despite the local contexts shaping their business models.
Six founders ask investors questions about venture capital and investing
Founders from various startups had the opportunity to ask investment professionals about venture capital. Questions included topics like investment thesis, support for founders, and exit strategies.
Ask an Investor: The path to exits, the support VCs provide, and Africa’s hottest sectors
Oui Capital partially exited its $150,000 investment in Moniepoint for $8 million after it became a unicorn. Secondary sales have emerged as a practical exit strategy for investors in Africa due to the rarity of full acquisitions and IPOs.
Investors in African startups drop to lowest numbers since 2021, says report
Number of investors in financing deals over $100,000 dropped to about 520 in 2024 from over 850 in 2021. Active investors participating in more than ten deals of $100,000 fell from 28 in 2022 to 8 in 2024.
