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 | 251 | Founded | 5 years ago | Last Issue | 9 days ago |
| Active | |||||
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thebigdeal.substack.comLatest Issues
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...
H1 2026: Mapping the money📍
Last week, we looked at high-level H1 2026 numbers, including how much was raised, deal volume, equity vs. debt, exits… This week, let’s focus on the markets where most of the money was raised and deals happened:
Egypt is the country t...
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...
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