How many funding rounds did startups in Africa raise in 2018?

12 disclosed rounds are on the StartupList Africa record for this view as of 17 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, 2018

Name: Startup funding in Africa, 2018 — SLA Funding Index
Creator: StartupList Africa
License: https://www.startuplist.africa/attribution-policy

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

Updated 17 Oct 20266,679 rounds on recordSource: SLA Funding IndexHow we count →Submit a round →

Year · 2018

Size · $50M+

12 rounds · 2018 · $50M+

Startup funding in Africa, 201812 · newest first

All 6,679 rounds →

#	Startup	Round	HQ	Investors	Amount	Date
1	iSON XperiencesOutsourcing · Lagos	Debt Financing	Nigeria	Gulf Capital, Karim El Solh	$51M	26 Nov
2	WeBuyCarsAutomotive · Cape Town	Venture	South Africa	Pobts	$85M	18 Sep
3	JUMOBig Data · Cape Town	Venture	South Africa	Goldman Sachs, Gemcorp +4	$52M	18 Sep
4	Hollard InsuranceAutomotive · Johannesburg	Corporate	South Africa	Tokio Marine Holdings	$327M	06 Sep
5	AgriProteinAgriculture · Cape Town	Venture	South Africa	Not disclosed	$105M	04 Jun
6	Aspen PharmacareMedical Device · Durban	Post-IPO Debt	South Africa	Not disclosed	$3.8B	17 May
7	Steinhoff InternationalConsumer Goods · Gauteng	Post-IPO Equity	South Africa	Not disclosed	$228M	11 Apr
8	ZiplineLogistics · Kigali	Series C	Rwanda	Katalyst.Ventures, Bright Success Capital +8	$70M	07 Mar
9	Steinhoff InternationalConsumer Goods · Gauteng	Post-IPO Equity	South Africa	Pittston Services Group(PSG Group)	$426M	22 Jan
10	Zola ElectricEnergy & Environment Resources · Lagos	Series D	Nigeria	GE Ventures, Helios Investment Partners +5	$55M	20 Jan

SLA Funding Index · as of 17 Oct 2026

Your view shows the first 10 rounds of each search.

Questions about startup funding in Africa, 2018

How many funding rounds did startups in Africa raise in 2018?: 12 disclosed rounds are on the StartupList Africa record for this view as of 17 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, 2018”, updated 17 Oct 2026.

startuplist.africa/fundings/2018