FundingsUpdated daily

Startup funding in Africa, 2024

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

Updated 6,700 rounds on recordSource: SLA Funding IndexHow we count →Submit a round →

Startup funding in Africa, 20249 · newest first

All 6,700 rounds →
#StartupRoundAmountDate
1
Sturdee EnergyRenewable Energy · Johannesburg
Funding Round$44M09 Dec
2
Beacon Power ServicesEnergy · Lagos
Series A$30M06 Nov
3
BasiGoEMobility · Nairobi
Series A$24M23 Oct
4
Yellow CardFinTech · Lagos
Series C$33M16 Oct
5
Lemonade FinanceFinancial Services · Lagos
Funding Round$33M16 Oct
6
PaymobFinancial Services · Cairo
Series B$22M11 Sep
7
FidoFinancial Services · Accra
Series B$30M04 Sep
8
NALABanking · Dar Es Salaam
Series A$40M09 Jul
9
SpiroTransportation · Nairobi
Debt Financing$50M17 May

SLA Funding Index · as of 19 Oct 2026

Questions about startup funding in Africa, 2024

How many funding rounds did startups in Africa raise in 2024?
9 disclosed rounds are on the StartupList Africa record for this view as of 19 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.