Arnergy, a Nigerian company known for its distributed renewable energy solutions, has raised $18 million to scale its solar energy systems across Africa.
Techstars is stepping up its game, increasing funding to $220K for participating startups. With a new SAFE structure and global support network, the accelerator is closing in on Y Combinator’s model — and leaving a lasting impact in Africa.
Airtel Africa is investing N1 billion in Nigeria’s 3 Million Technical Talent (3MTT) program, helping to train over 25,000 Nigerians in digital skills. With this commitment, the telecom giant strengthens the country’s push toward a thriving digital economy and a future-ready workforce.
LoftyInc Capital secures $43 million for its third fund, LoftyInc Alpha, to propel African startups from late-seed to Series A. Backed by sovereign wealth funds, development finance institutions, and high-net-worth investors, the fund aims to bridge the funding gap in Africa’s growing startup ecosystem.
Khula, a leading South African AgriTech startup, has secured R126 million in funding from major investors, including Absa and AECI. The investment will support the expansion of its digital agricultural solutions, helping farmers access vital resources and markets. With this backing, Khula is set to redefine the future of agriculture in Africa.
Three Francophone African startups have been crowned winners of the latest Orange Summer Challenge, a program that helps young entrepreneurs transform their ideas into impactful businesses. The 2025 edition featured 282 participants from 14 countries, with the top three startups focusing on sustainability, healthcare, and environmental innovation.
Summit Africa has officially launched its Summit Private Equity Fund II (SPEF II) with a $20 million anchor investment from British International Investment (BII). Focused on financial services, ICT, and food security, the fund seeks to drive economic transformation and inclusion across Southern Africa. With plans to raise additional capital, SPEF II supports South Africa’s broader investment and development goals
Raising capital can be one of the toughest challenges for entrepreneurs. The Venture Deals online course, created by Techstars and Kauffman Fellows, equips founders with essential insights into venture capital, negotiation tactics, and investor engagement.
