69 Best Startups in Africa to Watch in 2024

Branch offers microloans through a free-to-download Android app in emerging markets.

Total Raised: $378.20M

Last Funding: $170.00M (Series C)

Zipline is an automated logistics company that designs, manufactures, and delivers medical products.

Total Raised: $471.50M

Last Funding: $250.00M (Unknown)

Planet42 is an african Mobility Fintech.

Total Raised: $32.40M

Last Funding: $30.00M (Unknown)

VALR is a company founded in 2018 by Farzam Ehsani, theo bohnen and badi sudhakaran.

Total Raised: $50.00M

Last Funding: $50.00M (Series B)

Carry1st develops and publishes mobile games and content apps for African consumers.

Total Raised: $20.00M

Last Funding: $17.50M (Series A)

Digital bank providing free full-service banking to Africans.

Total Raised: $25.00M

Last Funding: $25.00M (Unknown)

Turnkey energy management solutions for companies in South Africa and Switzerland.

Total Raised: $3.32M

Last Funding: $3.32M (Unknown)

Developer of software designed for management of financials for bussiness. The company's platform serves entrepreneurs thereby uses business accounting software enabling businesses to maintain absolute control over the company's finances, classify transactions, reconcile accounting automatically in South Africa.

Total Raised: $2.00M

Last Funding: $2.00M (Pre Seed)

Developer of a pharmaceutical-based supply-chain management platform intended to help governments and businesses deliver healthcare in the fastest-growing parts of the world. The company's platform helps to digitize, modernize, strengthen, and sustain the supply chains through easy access.

Total Raised: $8.60M

Last Funding: $5.00M (Unknown)

Sensor networks for real-time remote monitoring of large infrastructure assets.

Total Raised: $0.50M

Last Funding: $0.50M (Pre Seed)

Development board for creating hardware projects that connect with Bitcoin.

Total Raised: $2.76M

Last Funding: $2.76M (Unknown)

Internet service provider offering wireless high-speed internet solutions for families.

Total Raised: $7.80M

Last Funding: $7.80M (Unknown)

On demand transport service that makes it easier and safer to transport household goods and furniture

Total Raised: $1.52M

Last Funding: $1.52M (Unknown)

Platform for secure real estate management and transactions in Africa.

Total Raised: $0.60M

Last Funding: $0.00M (Unknown)

Platform for empowering local pharmacies with AI and ML in the pharmaceutical supply chain.

Total Raised: $2.35M

Last Funding: $2.35M (Unknown)

Platform for full-motion virtual reality games designed to entertain customers beyond traditional video games.

Total Raised: $0.26M

Last Funding: $0.26M (Pre Seed)

SaaS solution that helps leaders visualize, analyze, strategize, and optimize critical operations.

Total Raised: $0.48M

Last Funding: $0.48M (Pre Seed)

Platform for human resource training and development, serving both local and global needs.

Total Raised: $0.12M

Last Funding: $0.12M (Pre Seed)

Wamly is the recruitment software, It has given us time back to focus on transformational work.

Platform offering AI-driven software for managing invoices and accelerating client payments.

Wallet platform for digitizing cash savings using vouchers.

Last Funding: $0.00M (Unknown)

Developer of a commodity sourcing platform intended to improve efficiency, provide visibility and transparency. leverages technology to help businesses manage their outgrowers schemes and commodities trade more effectively by improving efficiency, enabling clients to provide visibility and transparency.

Wifi.com.ng is a company providing internet access in NIgeria founded in 2012 by Kendall Ananyi.

Akiba Digital is a Johannesburg-based company.

Developer of an API financial technology software designed to power the digital economy in Africa. The company's software provides access to financial statements for historical and real-time transactions, balances, bank statements, credit and spending patterns of a customer along with access to initiate direct debit payment and recurring debit.

inQuba powers the customer experiences and engagements of leading brands across the world.

MobiLife is an insurance provider aiming to transform micro-insurance in South Africa.

Panavision is an american motion picture equipment company founded in 1954 by Robert Gottschalk.

Terminal Africa is the developer of a delivery aggregator platform designed to make it easier for Africans to send and receive products globally.

Flow is a property marketing platform that automates social media marketing for estate agents and property developers.

Provider of loans intended to finance merchants. The company offers seamless processes, fast loans, and reliable client relationships, enabling small businesses to get collateral-free loans within three hours.

Developer of a bus-hailing application designed to create a better and safer transportation system for daily commuters. The company's application offers vehicle assistants, 13-seater type buses, licensed drivers and e-wallet payments, enabling users to book and pay for fast and convenient trips in real-time.

Developer of an on-demand auto repair and maintenance platform designed for individuals and businesses in Africa. The company's platform allows to register and signup for products and services to schedule maintenance and pairs technicians from a network of certified mechanics and automobile technicians.

Operator of a tech-enabled scheduled bus sharing company designed to offer a comfortable and affordable shared commute. The company's platform helps users to find, book and share bus ride for commuting to work and back home, enabling users to experience a simpler and better way to commute.

Developer of an interactive and intelligent learning platform intended to assist Nigerian students prepare for their secondary school exam and the University Tertiary Matriculation Examination (UTME).

Developer of assets and inventory tracking technology designed to offer consumer intelligence and anti-counterfeiting services. The company's technology offers real-time product authentication, consumer engagement, and supply chain tracking services to producers of quality human-friendly products.

Operator of a community platform intended to empower women with resources to succeed, save money, and enjoy discounts. The company's platform offers financial services, capacity and community building, and get access to new investments, funding, grants, and scholarships, enabling women to have access to grow their money.

Developer of a shipping and escrow payments platform designed to facilitate e-commerce and social media commerce. The company's platform allows users to safely partake in e-commerce on distributed social platforms by providing means to identify trustworthy merchants, securely pay for items using an escrow system.

Remedial Health is a Lagos-based company founded in 2019 by Victor Benjamin.

Provider of financial services intended to help unbanked consumers. The services include mPOS hardware and software solutions, lending, savings, and health insurance services and it also helps consumers to get cash from their debit cards where no ATMs are available, enabling businesses and consumers to help operate digitally.

Interswitch is a Lagos-based company founded in 2002 by Mitchell Elegbe.

Flex is a Spend management and corporate cards platform for businesses in Africa.

Topship is a Lagos-based company founded in 2020 by Junaid Babatunde.

Healthtracka is an at-home lab testing company in Africa founded in 2021.

Cars45 is a car company.

Elmenus is a company founded in 2011 by Amir Allam.

Healthlane is a Lagos-based diagnosis company founded by Alain Nteff.

Pineapple is a Johannesburg-based company founded by Marnus van Heerden.

OnePipe is a company founded by Ope Adeoye.

Bridgecard is a company founded by Tunde Adewole.

Arnergy is a Lagos-based company founded in 2013.

Kandua is an online marketplace for home services.

Promasidor is company manufacturing and supplying seasonings and processed foods in Africa.

A company that develops and manufactures dental implant products

Paymob is a Cairo-based company founded in 2015 by Islam Shawky, Alain El-Hajj and Mostafa Menessy.

Anchor is a company founded by Segul Adeyemi.

Showlove is a social platform making it fun and simple for users to request, give and receive gift vouchers, deal coupons and cash

Casava is an insurtech startup that focuses on making insurance for income earners.

TeamApt is a Lagos-based company founded in 2015 by Tosin Eniolorunda.

Newtown Partners is a venture capital firm investing in technology startups in South Africa.

Kobo360 is a company providing a digital logistics platform for haulage operations.

Platform that lets users transfer money and combine their payment cards into a single card.

Last Funding: $0.00M (Unknown)

Operator of an integrated retail distribution platform designed to connect distributors, wholesalers, and retailers together. The company's platform provides predictive analysis to run targeted campaigns, set product prices competitively, optimize inventory, and auto-generate sale promotions.

VendEase is a where restaurants in Africa buy food supplies founded in 2019 by Tunde Kara, Gatumi Aliyu, Olumide Fayankin and Oyewale Oyepeju.

FilKhedma provides maintenance services for homes and offices in Egypt.

Bind-X is a start-up company, founded under the name Dust BioSolutions, that has a focus on industrial applications of biotechnology.

Appzone is a company founded in 2022.

Developer of an on-demand delivery platform designed to offer door-to-door, delivery, and transportation services. The company's platform schedules, tracks and pay for all deliveries, connects riders around, and offers cashless payments via mobile.

Tymebank is a Johannesburg-based company founded in 2012.