Investors in African startups drop to lowest numbers since 2021, says report
Number of investors in financing deals over $100,000 dropped to about 520 in 2024 from over 850 in 2021. Active investors participating in more than ten deals of $100,000 fell from 28 in 2022 to 8 in 2024.
Enakl Secures $1.4M to Transform Urban Mobility Across Africa
Enakl secured $1.4 million in pre-seed funding. Funding round led by Catalyst Fund with participation from Renew Capital, Digital Africa, and Station F.
Enakl Secures $1.4M to Revolutionize Urban Mobility Across North Africa
Enakl secured $1.4 million in a pre-seed funding round. Funding led by Catalyst Fund with contributions from Renew Capital and others.
Moroccan mobility startup Enakl raises $1.4 million in Catalyst Fund-led pre-seed round
Enakl raised $1.4 million in a pre-seed funding round. Funding will be used to improve technology and expand services.
Investors Are Divided On Africa’s Climate Tech Boom As Hopes & Hype Collide
Africa's climate tech startups raised USD 413.9 million as of September 2023. D.Light secured USD 176 million in funding, marking one of the top deals this year.
