Venture Debt Surges to 74% of African Startup Funding
Non-dilutive credit facilities surged to 74% of total monthly startup capital in a recent market tally, signaling a structural shift toward debt-financed asset scaling across Africa.
AfroTech Horizon covers the startups, infrastructure, policy, and people shaping technology across Africa. Real reporting. No hype.
Non-dilutive credit facilities surged to 74% of total monthly startup capital in a recent market tally, signaling a structural shift toward debt-financed asset scaling across Africa.
Kenyan HR-tech startup WorkKE has launched its digital talent marketplace, connecting enterprise clients with certified technical professionals through automated skill verification.
Ghana’s Ministry of Communications and Digitalisation has signed a bilateral agreement with the UK government to strengthen national cybersecurity infrastructure.
Building consumer software applications alone is insufficient to support sustained digital growth across Africa. Unlocking the continent's digital economic potential requires substantial investment in core foundation layers, including broadband connectivity, energy grid reliability, data centre capacity, and regulatory harmonization.
African fintech company Grey has launched Paycheck, an automated payroll solution designed for businesses employing international and remote talent. Building on its existing cross-border consumer payment platform, the new tool aims to accelerate user growth beyond three million accounts.
Moniepoint restructuring hits engineering and product teams: staff were offered five months' salary to leave, with role decisions due 2–11 November.
Cross-border payments in Africa need $120 million and a binding AU protocol to work, says an AfricaNenda study. Here is the plan and which blocs go first.
Raenest used its Lagos event to add vaults paying up to 16% on naira, a physical card and stablecoin invoicing. What Raenest offers now, and the risks to know.
The Nclude fund, now advised by DPI Venture Capital, closed above $112M with 93% African capital. Here is who paid, what it backs and what founders can expect.
Bolt Plus costs KSh 899 a year in Kenya, against KSh 2,800 for Uber One. What subscribers get, how it compares with Glovo Prime and why Bolt is pricing so low.
The Yaoundé Declaration asks African states to host all critical government data locally by 2030. What the data hosting target covers and who could benefit.
Endeavor Catalyst raised $320 million for Fund V, its largest yet. Here is how the fund invests, which African startups it backs and what founders need.
Meta's AI Academy Kenya pitchathon named 10 startups, from offline triage to Kiswahili AI and eTIMS tax tools. Two winners get $5,000 and an Istanbul pitch.
Fuliza ya Pochi gives Pochi la Biashara merchants an M-Pesa overdraft to pay suppliers and bills. Who qualifies, how repayment works and what to check first.
Flutterwave share-backed loans let staff borrow against their equity via Techdollar, keeping shares and upside. What we know, and what is still undisclosed.
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