Africa: The Big Deal
Max Cuvellier GiacomelliYour weekly two-minute read, a quick conversation starter on the African start-up ecosystem, based on a curated database of deals from across the continent.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 248 | Founded | 5 years ago | Last Issue | 6 days ago |
| Active | |||||
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thebigdeal.substack.comLatest Issues
H1 2026: Amounts hold. Deal count suffers.
On Tuesday, we published the first post in our H1 2026 series, focused on how the very strong June performance made up for an otherwise underwhelming start of the year. Today, we’ll start diving into the H1 numbers themselves: total raise...
H1 2026: June saves the day! 😃
H1 is over. Long live H1 2026! Start-ups in Africa have raised close to $1.4 billion in funding in the first half of the year, pretty much on par with H1 2025. The total was split 2/3-1/3 between equity and debt. 190 ventures raised $100k...
How to name your baby unicorn? 🦄
While they matter less than product-market-fit, unit economics, or go-to-market strategy, a start-up’s name and brand identity remain very important assets. Especially if you believe they might influence - directly or indirectly - its abi...
May 2026: More "Meh" than "Yay"
37 start-ups in Africa announced a total of $135m in funding through $100k+ deals (equity, debt, grants; excl. exits) in May 2026. Deal activity improved again after April (32) and the March low (22), but remains below the previous 12-mon...
Announcing our 'Data for Founders' cohort 🚀
A few weeks ago, we launched our ‘Data for Founders’ initiative, in partnership with FMO Ventures. Our objective was simple: to ensure that our data and expertise actively contributed to helping start-ups on the continent raise funding to f...
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