
Top 10 Most Funded African Startups in H1 2024 (Numbers, Analysis, & Trends)
The first half of 2024 marked a challenging period for African startups, with a substantial decline in total funding compared to H1 2023.
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The International Finance Corporation (IFC) has announced a collaboration with Ghana-based manufacturer Mohinani Group to enhance plastic waste recycling in Ghana and Nigeria.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
The first half of 2024 marked a challenging period for African startups, with a substantial decline in total funding compared to H1 2023.
The International Finance Corporation (IFC) has given a $30 million loan to Kazyon, a major Egyptian retail company, to support its growth in Morocco.
Renew Capital, a leading impact investor focused on Africa’s high-growth enterprises has announced a strategic investment in Zuri, a fast-rising beauty brand determined to transform the African beauty landscape.