Africa: The Big Deal
Max Cuvellier Giacomelli, Gregoire de Padirac, Ido SumYour 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 | 235 | Subscribers | Read | thebigdeal.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
Small but Mighty 🐛
> Africa’s equity funding climbed 24% YoY in 2025. Put next to the global rebound (+46%), that can look underwhelming. But the global number is a very distorted benchmark because it is overwhelmingly a US story. Indeed, equity funding in th...
2025 IN REVIEW: Fintech in gold🥇|🥈Energy boosted by debt
> In 2025, the sector ranking looked familiar, yet the market shape continued to evolve. After dropping from $3b in 2023 to $2.2b in 2024, total funding rebounded to $3.2b in 2025, while the number of companies raising $100k+ stayed broadly...
January 2026: a muted start of the year 🦥
> Before we look into the January numbers, let’s be clear: a relatively slow start of the year doesn’t make a bad year. Neither does it signal a downward trend. Actually a MoM dip between December and January is something the ecosystem’s al...
🚀 Unveiling our 'Data for Founders' initiative
We are very excited to be launching our ‘DATA FOR FOUNDERS’ initiative today, in partnership with FMO Ventures.
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Authors
The writers behind this newsletter.
CEO of Digital Africa
Builder | Founder turned Investor (VC and public markets) | +20 years in Tech and Africa
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