How many funding rounds did startups in Africa raise in 2016?

88 disclosed rounds are on the StartupList Africa record for this view as of 16 Oct 2026, listed newest first.

How often is funding data updated?

Our funding database is updated daily. We track disclosed rounds from press releases, regulatory filings, investor announcements, and verified startup submissions.

What funding stages are tracked?

We track all stages including Pre-Seed, Seed, Series A through Series E+, as well as alternative capital types like angel investments, grants, debt financing, and convertible notes.

How is the funding amount determined?

Amounts shown are the disclosed USD equivalent at the time of announcement. Where the round was denominated in local currency, we convert using the exchange rate on the announcement date.

FundingsUpdated daily

Startup funding in Africa, 2016

Name: Startup funding in Africa, 2016 — SLA Funding Index
Creator: StartupList Africa
License: https://www.startuplist.africa/attribution-policy

88 disclosed rounds on the record for this view, newest first.

Updated 16 Oct 20266,619 rounds on recordSource: SLA Funding IndexHow we count →Submit a round →

Year · 2016

Size · Undisclosed

88 rounds · 2016 · Undisclosed

Startup funding in Africa, 201688 · newest first

All 6,619 rounds →

#	Startup	Round	HQ	Investors	Amount	Date
1	PezeshaFinance · Nairobi	Angel	Kenya	Not disclosed	Not disclosed	31 Dec
2	BottlesFoods and Beverages · Gauteng	Seed	South Africa	Not disclosed	Not disclosed	28 Dec
3	Money FellowsDigital Banking · Cairo	Non-equity Assistance	Egypt	1864 Accelerator	Not disclosed	14 Dec
4	Go1EdTech · Johannesburg	Seed	South Africa	Tank Stream Ventures, Amasia +6	Not disclosed	11 Dec
5	La ReinaFashion · Cairo	Non-equity Assistance	Egypt	AUC Venture Lab	Not disclosed	10 Dec
6	Money FellowsDigital Banking · Cairo	Non-equity Assistance	Egypt	1864 Accelerator	Not disclosed	10 Dec
7	Twiga FoodsAgriculture · Nairobi	Seed	Kenya	Raba	Not disclosed	01 Dec
8	NeqabtyHealth Care · Cairo	Non-equity Assistance	Egypt	AUC Venture Lab	Not disclosed	01 Dec
9	SnapplifyEdTech · Cape Town	Series A	South Africa	AngelHub Ventures, NuState Capital	Not disclosed	21 Nov
10	delvv.ioAdTech · Gauteng	Venture	South Africa	Kevin Gaskell	Not disclosed	21 Nov

SLA Funding Index · as of 16 Oct 2026

Your view shows the first 10 rounds of each search.

Questions about startup funding in Africa, 2016

How many funding rounds did startups in Africa raise in 2016?: 88 disclosed rounds are on the StartupList Africa record for this view as of 16 Oct 2026, listed newest first.
How often is funding data updated?: Our funding database is updated daily. We track disclosed rounds from press releases, regulatory filings, investor announcements, and verified startup submissions.
What funding stages are tracked?: We track all stages including Pre-Seed, Seed, Series A through Series E+, as well as alternative capital types like angel investments, grants, debt financing, and convertible notes.
How is the funding amount determined?: Amounts shown are the disclosed USD equivalent at the time of announcement. Where the round was denominated in local currency, we convert using the exchange rate on the announcement date.

Cite this page

StartupList Africa, “Startup funding in Africa, 2016”, updated 16 Oct 2026.

startuplist.africa/fundings/2016