The continent is home to 30% of all natural resources in the world, yet it contributes only 2.9% to the world’s gross domestic product (GDP). …

In an unusually quiet Week 43, only 4 startups announced fundraising across the continent. 3 of them raised a total of $3.02m and the last one an undisclosed amount. A breakdown of the fundraises;  An interesting one was GIGXPad, out of Nigeria who got accepted into Techstars Toronto. Born out of wanting to offer GIG…

8 startups across the continent received a total of $74.1m during the week in review while 1 startup raised an undisclosed amount. MaxAB, had the lion share of over 50%. The Egyptian food and grocery B2B e-commerce platform connects suppliers with underserved traditional retailers across Egypt and Morocco and offers a wide range of finance…

Across Africa this week, 5 startups raised a total of $8.6m while 3 others raised undisclosed amounts. At the top of the country chart is South Africa, driven by Telecoms giant Talk360, who raised $3m in a second close of its seed round, in addition to the $4m raised earlier, bringing the total seed round…

In a rather slow week of fundraising, 5 startups in Africa raised a total of $52m while one startup raised an undisclosed amount. The biggest deal of the week is that of Yellow Card App, a pan-African crypto exchange, who raised $40m in a Series B funding round. The round, led by Polychain Capital, brings…

In what appears to be the busiest week in recent times, startups in Africa raised a total of at least $82.4m across 8 deals, plus 4 other deals with amounts undisclosed. Over 60% of the total amount raised went to Nigerian Fintech, Teampt who raised a Pre-series C round of $50m from QED Investors. TeamApt,…