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.
Global accelerator Techstars enters Botswana to fuel startup growth
Launch of Techstars accelerator program in Botswana Provision of mentorship and funding to local startups
Techstars-backed PBR Life Sciences raises $1 million pre-seed funding
PBR Life Sciences raised $1 million in pre-seed funding. The company plans to invest in AI infrastructure.
Profitable Fincra believes Africa needs more cross-border startups
Fincra processed over $10 billion in transactions since 2023. The company raised $120,000 from Techstars in 2022.
