African VCs open to continue banking with SVB
The firm banked half of US startups, a third of UK startups and numerous startups in China, India and Latin America. Investors say they are open to keeping a portion…
How African startups raised venture capital funding in February 2023
For anyone who has been paying attention, funding to African startups appears to have slowed down in the past month. With two weeks gone in March, only a handful of…
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Next Wave: Walking through the valley of the shadow of death
Web version. Original published 12 March 2023The world of venture has a propensity for the loud and dramatic, and the last six months have been nothing short of drama for…
African VCs have their work cut out
Ahem! We are beginning to see the contours of the venture market for both founders and venture capitalists and one thing is clear: everyone is fundraising. But at the same…
Finding a clear exit path as an investor in Libya
On February 22, TechCabal published a story about the growth of Presto Eat, a Libyan delivery startup, and the funding challenges facing the company and the entire Libyan baby startup…
Investor Uwem Uwemakpan on building stuff people believe in
This interview was conducted and contributed to TechCabal by Luke Sheehan, chief editor and copywriter at CrossFund, an investor collective focused on emerging markets. Born and raised in Lagos, Nigeria,…
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A note for investors as Africa enters election season
In the past few weeks, Nigeria has been caught up in an election fever that reached a bubbling temperature yesterday and continues to trend. Six months ago, Kenya was in…
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Signs your startup is VC-backable
According to the 2022 Africa tech venture capital (VC) report, African startups raised $6.5 billion throughout the year. That’s an 8% year-on-year growth. The number of deals also grew 6%…
Where is Africa’s food value chain headed?
Figure 4:Stylistic food value chain. Figure 5:Investment in each layer of the food value chain 2019-2022. Source: Briter Bridges. Last mile logistics was not a separable category. So what important…
Launch Africa Ventures has been Africa’s most active venture capital investor since 2021
Despite the global slowdown in venture capital funding, African startups exceeded the $5 billion mark for the second year, even topping the amounts raised in a record-breaking 2021. While startups…