Women-led startups continue to attract only a small portion of investment in Africa’s tech ecosystem. So far in 2025, male-led startups in Africa have received 75% of all funding raised. This leaves the remainder shared between women-led and mixed gender teams, according to the latest Africa Venture Pulse report by Briter, a research and business intelligence firm focused on emerging markets. Of the more than $2 billion raised across the continent, about 10% has gone to companies with at least one female founder. Gender funding gap in Africa Over the past
Bleyt is helping immigrants transfer their credit history across countries. The company has a built-in money app that uses AI to obtain pull financial data from local credit providers and bureaus. It also features a multi-currency account and card, allowing immigrants to minimize delays when accessing financial services in new countries. Immigrants struggling to access financial services When Bleyt’s founder, Wale Akanbi, moved to from Nigeria to the UK in 2021, his credit history did not transfer with him, making it difficult for him to access financial services. “I had
An Indigenous group in the Brazilian state of Ceará is taking TikTok to court over its planned data center, according to Rest of World. The Anacé has claimed the area where TikTok and Casa dos Ventos, a wind energy company that will power the data center, are to be built. Leaders of the community say their right to consultation was violated, and their concerns about water consumption related to this project were ignored. Indigenous communities must be consulted before construction on their land as part of the permit process. However,
Iwnetim Abatek, an Ethiopian entrepreneur and assistant professor at MIT in the Department of Materials Science and Engineering, has been named to the MIT 35 Innovators Under 35 list. The annual list, published by MIT Technology Review, celebrates the world’s most promising young creators in science and technology. Abatek’s research focuses on sodium-ion batteries, a potentially cheaper alternative to lithium-based power for electric vehicles and grids. He’s also exploring ways to use underground heat and pressure to produce ammonia, a key fertilizer ingredient and potential green fuel, according to MIT
Lagos and San Francisco-based Compound AI has launched KidGPT, an AI agent specifically designed for children aged five to thirteen and their parents. The AI agent assists children in studying and learning various topics, including math, English, and even language learning. It gives children questions and additional prompts rather than giving them answers. “I’ll help you think through how to write the essay yourself first. What do you already know about bees? What do you want to include in your essay? Let’s start with a plan,” it says on their website. AI
Kai Cenat recently confirmed plans for his Nigerian school after months of speculation and criticism from fans. In 2024, the streamer visited the Makoko Children Development Foundation School and Orphanage in Lagos, where he saw the dire conditions of the students and staff. After seeing the school’s sinking building, limited space, and the struggle to provide a learning environment for its 385 students, Cenat wanted to help. Cenat announced plans to construct a new school in the Makoko community. In the announcement, he asked people living in Nigeria or on the African
The UK wants more African companies to choose London when raising money on the stock market, a British trade official told Semafor. Tracey Austin, a senior director at the Department for Business and Trade (DBT), said attracting more African IPOs has become a top priority. “The UK is trying to be more inventive to sell London as a financial services center from where companies can attract global capital, not just a place to do business in and leave,” Austin said. African Companies Are Already Raising Billions in London Between 2010
Sahel Capital, a private investment firm dedicated to expanding Africa’s agribusiness sector, has announced that its Social Enterprise Fund for Agriculture in Africa (SEFAA) has secured a $10 million investment from the Mastercard Foundation Africa Growth Fund. The partnership, funded by MEDA Mauritius, will contribute to expanding financing for small and medium-sized agribusiness enterprises across sub-Saharan Africa. “Since the inception of the Fund in 2021, we have processed 33 facilities to 18 companies in 7 countries in SSA”, Mezuo Nwuneli, Managing Partner of Sahel Capital, said in a press release. SEFAA’s strengthening
Alami Capital, the National Information Technology Development Agency (NITDA), and the Securities and Exchange Commission (SEC) are collaborating to launch the LaunchPad at GITEX Nigeria 2025, a pioneering investment and venture-building platform designed to scale Africa’s most promising women-led startups. Women in Africa own 27% of businesses and contribute 13% of GDP, and yet they only receive 7% of total venture capital. The LaunchPad will tackle the under-capitalization of women-owned startups. After GITEX Nigeria, The LaunchPad will give $250,000 in catalytic capital to 5 selected ventures, along with mentorship and
Neibar is a social platform that helps people give away home, school, and workplace items they no longer need. The company, founded by software developer Roland Namwanza in July 2025, offers a diverse range of products, including household goods, office supplies, clothing, electronics, books, groceries, and university past exam papers. Namwanza told Techpoint Africa that it was hard to overlook the significant waste co-existing with the apparent need in his community. So, instead of creating a platform to buy and purchase products, he built one where people could give without expecting money
