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18724 results for "african tech funding"

Botswana Tech Fund Backs Overlooked African Entrepreneurs
SolutionsApr 27

Botswana Tech Fund Backs Overlooked African Entrepreneurs

A new $13.5 million fund is betting on tech founders in Southern Africa's forgotten markets, where less than 20% of venture capital flows despite serving tens of millions of people. Backed by a British billionaire, the fund aims to prove the next major African tech success could come from anywhere.

TechCabal3 min read
Cape Town VC Fund Hits $30M for African Tech Startups
InnovationFeb 23

Cape Town VC Fund Hits $30M for African Tech Startups

A Cape Town venture capital firm just secured over $30 million to fuel Africa's most promising tech companies. HAVAÍC's latest fund has already backed eight startups and is helping prove that African innovation is worth betting on.

Google News - Africa Innovation2 min read
AfDB Invests €6.5M in Francophone African Tech Startups
InnovationMar 6

AfDB Invests €6.5M in Francophone African Tech Startups

The African Development Bank is investing €6.5 million to power tech innovation across French-speaking Africa, opening doors for 20 early-stage startups. The fund targets regions where tech investment has lagged behind, creating new opportunities for digital entrepreneurs.

Google News - Nigeria Tech Startup2 min read
African VC Fund Raises $84M to Back Tech Founders
InnovationAug 29

African VC Fund Raises $84M to Back Tech Founders

Ventures Platform just closed an $84 million fund to invest in African tech startups, exceeding its goal despite a tough global market. The oversubscribed fund proves investors are betting big on Africa's next generation of innovators.

Regional: africa innovation startup (ZA)3 min read
African Startups Now Get 40% of Funding From Local Investors
SolutionsJan 26

African Startups Now Get 40% of Funding From Local Investors

African investors now provide nearly 40% of startup funding on the continent, up from 25% in 2022, stepping up as global investors pull back. This homegrown investment boom is building a more resilient tech ecosystem that understands local markets.

TechCabal2 min read
European Bank Invests $8M in African Tech Startups
InnovationAug 28

European Bank Invests $8M in African Tech Startups

A major European bank just committed $8 million to help early-stage tech companies across five African countries access the funding they desperately need. The investment targets startups solving real problems in healthcare, farming, and financial services where digital innovation is booming but capital remains scarce.

Google News - Africa Innovation2 min read
New Index Puts African Tech Startups on Path to London IPOs
InnovationFeb 24

New Index Puts African Tech Startups on Path to London IPOs

A new benchmark launched at the London Stock Exchange aims to help African tech companies navigate the journey from private funding to public listings. After a decade of billions in venture capital but few exits, the Africa Tech 50 Index creates a framework global investors can trust.

TechCabal3 min read
Congo Builds Africa's Newest Tech Hub Despite Tiny Funding
SolutionsMar 10

Congo Builds Africa's Newest Tech Hub Despite Tiny Funding

In a country with $24 trillion in untapped minerals but only $400K in startup funding last year, Congolese entrepreneurs just opened a world-class tech hub that could change everything. The Democratic Republic of Congo is building digital infrastructure that rivals established African tech markets.

TechCabal3 min read
New $500K Fund Backs African Disability Tech Startups
SolutionsMar 12

New $500K Fund Backs African Disability Tech Startups

A groundbreaking fund is giving five African startups the resources to build technology that helps millions of people with disabilities live more independently. It's the first investment program on the continent dedicated entirely to assistive tech innovation.

TechCabal2 min read
Carnegie Mellon Opens $50K Tech Incubator for African Founders
InnovationMay 5

Carnegie Mellon Opens $50K Tech Incubator for African Founders

Carnegie Mellon University is offering African tech entrepreneurs $50,000 in seed funding, plus mentorship and investor connections, through a new 12-month startup program in Rwanda. Applications open April 30 for founders ready to turn their working prototypes into thriving businesses.

Google News - Africa Innovation3 min read
Nigeria Leads Africa Tech Funding With $214M Raised
InnovationJul 21

Nigeria Leads Africa Tech Funding With $214M Raised

Nigerian startups raised $214 million in the first half of 2026, making it Africa's top destination for tech equity funding. The country is on track to surpass its 2024 total after a slow 2025.

Google News - Nigeria Tech Startup2 min read
Tech Giants Fund AI to Save 1000+ African Languages
InnovationMay 27

Tech Giants Fund AI to Save 1000+ African Languages

Microsoft, Gates Foundation, and Google are funding projects to bring thousands of underrepresented African languages into the digital age. The initiative offers up to $250,000 per project to build AI tools that work in local languages.

Google News - Africa Innovation3 min read
U.S. Invests 60% of Nigeria's Tech Funding Over Decade
Innovation5d ago

U.S. Invests 60% of Nigeria's Tech Funding Over Decade

American investors have poured billions into Nigeria's booming tech scene, accounting for 60% of all external funding over the past ten years. Major companies like Google, Microsoft, and Visa are betting big on Nigerian innovation while training hundreds of thousands in AI and tech skills.

Google News - Nigeria Tech Startup3 min read
Carnegie Mellon Offers $50K to African Tech Startups
InnovationMay 11

Carnegie Mellon Offers $50K to African Tech Startups

Carnegie Mellon University is giving early-stage African tech startups $50,000 in seed funding plus a year of expert mentorship to turn promising ideas into revenue-generating businesses. Applications close May 20, 2026.

Google News - Africa Innovation2 min read
Open Startup Launches Science Road for African Deep Tech
InnovationJun 29

Open Startup Launches Science Road for African Deep Tech

After empowering 3,000 founders across Africa for a decade, Open Startup just unveiled The Science Road—a new platform turning African scientific research into globally competitive ventures. The initiative includes a fresh investment arm to fund breakthrough innovations in health, climate, and AI.

Google News - Africa Innovation2 min read
Korea Firms Launch $720M Fund for Indian Tech Startups
InnovationApr 21

Korea Firms Launch $720M Fund for Indian Tech Startups

Two South Korean tech giants just committed $720 million to help India's next generation of startups grow into global champions. The fund will back companies building everything from AI platforms to space technology.

YourStory India2 min read
African Media Leaders Launch Fund for Narrative Sovereignty
InnovationMay 1

African Media Leaders Launch Fund for Narrative Sovereignty

Media leaders from across Africa gathered in Accra to reclaim control over how the continent is portrayed to the world. A new pan-African fund will help media organizations build sustainable models and master emerging technologies.

AllAfrica - Headlines3 min read
KPMG Competition Opens for African Tech Startups
InnovationJul 8

KPMG Competition Opens for African Tech Startups

African tech entrepreneurs can now compete for global recognition in Lisbon as KPMG opens applications for its 2026 Tech Innovator competition. Startups from 13 countries across the continent have until August 2 to enter.

Google News - Africa Innovation3 min read
Nigerian Startups Raise $364M in Record August Funding
Innovation3h ago

Nigerian Startups Raise $364M in Record August Funding

African startups secured $435 million in August 2026, with Nigeria claiming an impressive 84% of all funding. The surge marks a 325% jump from July and signals growing investor confidence in the continent's tech ecosystem.

Google News - Nigeria Tech Startup2 min read
Europe Invests €40M in African Tech Startups
SolutionsMar 20

Europe Invests €40M in African Tech Startups

The European Investment Bank is pumping €40 million into African tech startups, with a special focus on women-led businesses. The fund targets 12 countries and aims to turn innovative ideas into real economic impact across the continent.

Regional: africa innovation startup (ZA)2 min read

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