Kenya vs. Nigeria: Startup Funding Comparison
In 2024, Kenya raised $638 million, leading Africa with 29% of total funding. Kenya's startup ecosystem focuses on climate tech, agritech, and healthcare, supported by strong investor confidence.
Equator secures $55M to fund Africa’s early-stage climate tech startups
Equator closes a $55 million fund to support early-stage climate tech startups in Africa. Investments will target sectors like energy, agriculture, and mobility to promote sustainable development.
Equator Africa Fund secures $5M from Proparco to scale African climate startups
Equator Africa Fund secures $5 million from Proparco. Investment aims to support climate tech startups in Sub-Saharan Africa.
Equator Africa gets $5 million to support climate tech innovation in Africa
Equator Africa closes an additional $5 million from IFC. Initial close of $40 million secured in April 2023.
African Venture Investment Sees Major Deals Despite Overall Market Contraction
Moove Africa's $100 million mega-deal propelled Nigeria to the forefront of Africa's funding landscape. Significant funding rounds in Kenya and Egypt highlighted these countries as key hubs for venture capital activity.
