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Six African tech startups have been chosen as finalists for the “Meet the Tôshikas” program, a joint initiative by the United Nations Development Programme (UNDP) and Japan’s Ministry of Economy, Trade and Industry (METI).
This program aims to bridge the gap between African startups and Japanese investors.
“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.

P1 Ventures, a seed-stage venture capital firm focused on Africa, has secured $35 million in its second fund, bringing it closer to its $50 million target.

African startups raised $1.4B in H1 2025—a 78% YoY increase—led by fintech, healthtech, and proptech. Discover key trends, top deals, and the shift toward equity and venture debt.

Chinese electric vehicle (EV) manufacturer, Chery, has announced a $20 million investment in Kenyan auto dealer, Afrigreen Automobile.