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Africa’s Startup Surge Hits $705 Million as Investment Momentum Builds
Venture capital flows into African startups accelerated sharply in early 2026, signalling a maturing ecosystem with broader geographic reach and more sophisticated funding structures.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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African Development Bank Group Invests Over €7.5 Million in Breega Africa Seed I Fund to Support African Innovative Startups
The fund will focus on five key markets, namely Nigeria, South Africa, Kenya, Egypt and Francophone Africa, which are major hubs on the continent.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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ECOIL Bags $2.5 Million to Turn Waste Cooking Oil Into Biofuel
The Jaipur-based startup intends to use the fresh capital to scale its operations, improve tech and expand its presence across key markets in India.
- Categories
- Energy, Technology
- Region
- Asia Pacific
- Tags
- innovation, renewable energy, scale, startups, waste
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Analysis: Nations Priced Out of Big AI Are Building With Frugal Models
Amid a widening global divide in AI adoption, low-cost AI models that can deliver sovereignty and efficiency with a smaller environmental footprint are gaining ground.
- Categories
- Technology
- Region
- Global
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Novastar Ventures Closes $147 Million Fund for African Startups
The fund will invest across stages, typically entering at pre-Series A through Series B, where companies have achieved early product-market fit but still carry significant risk.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Ghana’s National ID Cards Can Now Make Payments
The NIA’s aim for developing this feature is to bolster financial inclusion within the country.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Foley Represents Brazilian HealthTech Startup Mevo in $18 Million Funding Round
Mevo addresses a major gap in Brazil’s health care system, where more than 150 million people manage roughly one billion handwritten prescriptions each year, creating inefficiencies that limit the development of more integrated patient services.
- Categories
- Health Care, Investing, Technology
- Region
- Latin America
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African Development Bank Group Invests $15 Million in SPE PEF III to Support Growth-Stage Businesses in Africa
SPE Capital is an investment fund management company active in Africa, Europe and the Middle East, with more than $600 million deployed, primarily in development capital across healthcare, education, business services and manufacturing.
- Categories
- Education, Health Care, Investing
- Region
- North Africa & Near East
- Tags
- development finance, MSMEs, startups
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