African Startups Face Stricter Investment Scrutiny Compared to Global Counterparts
African startups raised nearly $300 million in January 2025, with 40 companies securing $289 million in funding. There was a 25% drop in overall startup funding in 2024, with African startups securing $2.2 billion, down from $2.9 billion in 2023.
South Africa Travel Startup TurnStay Raises $300,000 from Investors
TurnStay has raised $300,000 in funding from Silicon Valley and New York-based investors DFS Lab and DCG. The funding will be used to expand the business into Africa and build on the significant traction already achieved.
Unveiling the startup illusion: Critical questions every policymaker must answer
Vision and Objectives: What exactly does it mean for a country to aspire to build a tech ecosystem or transition to a digitised economy? Infrastructure Readiness: Is the country’s tech infrastructure up to par? Are internet access and mobile connectivity widespread and affordable?
