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Venture Capital

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Global sector correction leads to sharp drop in start-up funding

Funding for tech start-ups dried up last year, mirroring a phenomenon seen across the continent and beyond as international funders pulled out in the worst year for venture capital in nine years
Emata

Fintech startup raises seed funding to step up low-cost credit to farmers

Venture capitalists have provided $2.4mn to Emata, a Ugandan financial technology startup that provides low-cost digital loans to farmers through partnerships with cooperatives

Andela, start-up connecting African coders to global tech firms, raises $40 million

Andela, a startup that trains software developers in Africa and connects them to global technology firms, has secured $40 million in Series C funding that it says will be used to fuel its aggressive expansion plans

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