Venture Capital

Science & TechnologyTechnology sector

Global sector correction leads to sharp drop in start-up funding

Funding for tech start-ups dried up last year, mirroring a phenomenon seen across the continent and beyond as international funders pulled out in the worst year for venture capital in nine years
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CompaniesDigital Economy

Fintech startup raises seed funding to step up low-cost credit to farmers

Venture capitalists have provided $2.4mn to Emata, a Ugandan financial technology startup that provides low-cost digital loans to farmers through partnerships with cooperatives
CompaniesDigital EconomyTechnology sector

Andela, start-up connecting African coders to global tech firms, raises $40 million

Andela, a startup that trains software developers in Africa and connects them to global technology firms, has secured $40 million in Series C funding that it says will be used to fuel its aggressive expansion plans