Africa: The Big Deal
Max Cuvellier Giacomelli, Gregoire de PadiracYour 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 | 254 | Founded | 6 years ago | Last Issue | 13 days ago |
| Active | |||||
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thebigdeal.substack.comLatest Issues
August 2026: Mo(o)ving up
In August 2026, 31 start-ups in Africa announced funding rounds of $100k or more, raising a combined $455m (excluding exits). At first glance, August looks like a strong rebound after July’s weak $102m. And in value terms, it definitely w...
The Missing First Cheque: Why African Pre-Seed Keeps Shrinking
It has never been cheaper to start a company. AI collapses the cost of a first prototype, and founders are responding: when Digital Africa ran an AI Startup Challenge in Nairobi, I expected a few dozen entries and received more than 400, fr...
Moove over: Africa has a new unicorn 🦄
Moove has joined Africa’s unicorn club. The Nigerian-born, now UAE-headquartered mobility company announced a $250m Series C a few days ago, valuing the company at $2.1b. The round was led by Mubadala, and co-led by Woven Capital and Ion...
July 2026: Just a trickle of equity
44 start-ups announced funding rounds of $100k or more last month in Africa, raising a combined $102m (exc. exits). That makes July a low-value month, but not a low-activity one. Indeed, from a number of ventures raising perspective, this...
H1 2026: Fintech, Spiro, and the rest
In the same way that the $1.36b raised by start-ups in Africa in H1 2026 (exc. exits) was heavily focused on a few markets, the sector picture is one of concentration, with two sectors alone - Fintech and Logistics & Transport - capturin...
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CEO of Digital Africa
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