Day: April 13, 2026
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African Startups Raise $705 Million in Q1 2026 as Investment Expands Beyond Traditional Hubs
African startups attracted an estimated $705 million in funding during the first quarter of 2026, spread across 59 disclosed deals in 14 countries.
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PowerLabs Secures Pre-Seed Funding to Tackle Nigeria’s Persistent Energy Challenges
PowerLabs, a Nigerian energy and climate technology startup, has raised pre-seed funding in a round led by venture firm Breega, with additional backing from Catalyst Fund, Mercy Corps Ventures, and Kaleo Ventures.