Global

Nigeria vs South Africa: The Startup Funding Gap Widening

Africa's two dominant tech ecosystems are diverging sharply on startup capital, talent retention, and investor confidence — with measurable consequences for founders on both sides.

18 Aug · 3 min read · venture capital · nigeria · south africa
Funding

New Platform Maps Kenya's Full Startup and Investment Ecosystem

A newly launched mapping tool aggregates Kenya's startups, investors, and policy actors in one place, aiming to close information gaps that slow deal flow and coordination.

Global

Cameroon-Flagged Tanker Ties Africa to Russia's Shadow Oil Fleet

A Cameroon-registered vessel that spilled oil off Oman is the latest evidence of how African ship registries are being drawn into the opaque network sustaining Russian crude exports under Western sanctions.

Funding

Terra Industries Closes $52M Seed Round to Build Africa's Biggest Drone Factory

The Nigerian defence-tech startup has raised an additional $18M, completing a $52M seed round it says will fund a continent-scale drone manufacturing facility.

The Brief

The Money

Deal Tracker →
Seed
$18M
Terra Industries
Defence-tech · Nigeria
Seed
$52M (total seed round); $18M extension
Terra Industries
Defence Tech · Nigeria
Growth
$2.1B (valuation)
Moove
Fintech · Nigeria
Undisclosed
$10M
Naran
Fintech
Undisclosed
Undisclosed
TurnStay
Fintech · South Africa
Undisclosed
Undisclosed
Undisclosed South African travel pay startup
Fintech · South Africa
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