Beijing-based Kuaishou updates its Kling video-generation tool to cut the cost and time to create clips, and says it can generate 1080p videos in under a minute
25 African Startups to Watch in 2025 … Explainers
Mastercard withdrew its commitment to invest $100M in 54 Collective, a top VC firm in Africa, where startup funding fell from $4.6B in 2022 to $2.2B in 2024
Read the latest from @tarykuh.bsky.social: — restofworld.org/2025/masterc... X: @restofworld : Mastercard Foundations big withdrawal from Africa's top VC firm leaves a gap in support for early-stage...
Research: African startups raised between $2.9B and $4.1B total in 2023, down from $4.6B to $6.5B in 2022, with Egypt, Kenya, Nigeria, and South Africa leading
TechCrunch :
Data: African startups raised only $1.3B in the first nine months of 2023, below the $3.3B and $2.9B raised over the same period in 2022 and 2021, respectively
Sultan Quadri / Rest of World : LinkedIn: Sultan Quadri LinkedIn: Sultan Quadri : Venture capital funding in the African startup ecosystem has steadily declined in 2023, causing entrepreneurs and loc...
Partech Partners report: African startups raised a record $5.2B in 2021 across 681 deals, up from $1.43B across 359 deals in 2020
Kenya-based Copia Global, which uses proprietary logistics for a mobile-first e-commerce service aimed at unbanked customers in Africa, raises a $50M Series C
Tage Kene-Okafor / TechCrunch : Tweets: @firstcheckhq Tweets: FirstCheck Africa / @firstcheckhq : Congrats @copiakenya! 🔥 Scaling a company is a long game and later-stage African startups with female...
Research: African startups will raise $5B in 2021, more than the past three years combined, creating four unicorns, including Andela, Flutterwave, and OPay
Samuel Gebre / Bloomberg :
Report: African startups raised $1.43B in 2020, down 29% YoY, declining for the first time in almost a decade
Bloomberg :
Report: African startups raised $1.43B in 2020, down 29% YoY, declining for the first time in almost a decade
- Pandemic related slowdowns make investors wary of big deals — Funding rounds increased in Nigeria, Egypt, South Africa — Funding for African startups slowed …