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Top 100 African startups by

StartupList Africa is supported by various organizations and brands in Africa (and beyond) that are positive and believe in Africa's growth trajectories. Here's a complete list of the organisations that support and empower our mission to build Africa's solid knowledge infrastructure.
StartupOverviewTotal raisedFounded
1.

Aspen Pharmacare

South Africa

Aspen Pharmacare is a global supplier of branded and generic pharmaceutical products.

$3,826,836,000.00 1850
2.

Jumia

Nigeria

Jumia Group is an e-commerce ecosystem that provides innovative, convenient, and affordable online goods and services to consumers.

$805,345,200.00 2012
3.

Steinhoff International

South Africa

Steinhoff is an integrated retailer that manufactures, sources, and retails furniture and household goods in Europe, Africa and Australia.

$654,044,994.00 1964
4.

IHS Towers

Nigeria

IHS is a mobile telecommunications infrastructure provider.

$652,000,000.00 2001
5.

OPay

Nigeria

OPay empowers users and enables them to accomplish more with their money by providing smart financial services.

$570,000,000.00 2018
6.

Promasidor

South Africa

Promasidor is the leading provider of high-quality food products across various regions in Africa

$532,000,000.00 1979
7.

Flutterwave

Nigeria

The easiest way to make and accept payments from customers anywhere in the world.

$484,625,000.00 2016
8.

Zipline

Rwanda

Zipline is a Rwandan startup which delivers medical supplies using automated drones.

$483,000,000.00 2014
9.

Andela

Nigeria

Andela is an engineering-as-a-service business that helps companies build remote teams quickly and cost-effectively.

$381,000,000.00 2014
10.

Tala

Kenya

Tala is a financial technology company on a mission to build a financial system that works for everyone.

$349,439,700.00 2011
11.

Glovo

Kenya

Glovo is a courier service that purchases, picks up, and delivers products ordered through its mobile application.

$336,000,000.00 2015
12.

Hollard Insurance

South Africa

Hollard Insurance is an insurance agency selling house, car, business and funeral insurance.

$327,000,000.00 1980
13.

Zola Electric

Nigeria

ZOLA Electric is a Silicon Valley startup democratizing clean energy access and smart storage power solutions.

$306,100,000.00 2011
14.

Teraco Data Environments

South Africa

Teraco Data Environments is a network and hosting company providing vendor neutral data centers in South Africa.

$304,380,196.00 2007
15.

Chipper Cash

Ghana

Chipper cash is the largest mobile cross-border money transfer platform in Africa.

$302,200,000.00 2017
16.

Mediclinic

South Africa

Mediclinic is a private hospital group with three operating platforms in Southern Africa (South Africa and Namibia)

$300,000,000.00 1983
17.

Wave Mobile Money

Senegal

Wave Mobile Money is a Senegalese startup which provides an app-based financial solution to save, transfer, and borrow money.

$291,500,000.00 2017
18.

Go1

South Africa

Go1 is a South African eLearning startup which offers digital learning for entire workforce.

$280,000,000.00 2015
19.

MNT-Halan

Egypt

MNT-Halan is Egypt’s largest and fastest growing lender to the unbanked.

$270,000,000.00 2018
20.

JUMO

South Africa

JUMO is a technology platform, developed for building and running financial services.

$266,700,000.00 2014
21.

d.light

Kenya

d.light is an international Energy startup that serves people without access to reliable electricity.

$266,500,000.00 2007
22.

Bayport Financial Services

Mauritius

Bayport Management Limited, through its subsidiaries, provides retail financial services in the Republic of Mauritius and internationally.

$263,000,000.00 2001
23.

Pepkor

South Africa

Pepkor is a South African based investment holding company with retail interests in Africa, Australia and Eastern Europe.

$238,698,166.00 1965
24.

M-KOPA

Kenya

M-KOPA has connected more than 500,000 homes in Kenya, Tanzania and Uganda to solar power, with over 500 new homes being added every day.

$235,100,000.00 2011
25.

Tracker Connect

South Africa

Tracker Connect provides vehicle safety solutions such as vehicle tracking, stolen vehicle recovery systems, and fleet management

$234,427,264.00 1996
26.

Moove

Nigeria

Moove is a Nigerian mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs across Africa.

$223,200,000.00 2019
27.

Lumos

Nigeria

Lumos is a Clean Energy company and a leading provider of high-quality solar home systems that is revolutionising the African market.

$212,000,000.00 2012
28.

Takealot

South Africa

Takealot.com’s mission is to be the most customer-centric online shopping destination in Africa.

$211,962,955.00 2010
29.

Enterprise Group

Ghana

The Enterprise Group gives you a range of products for any life and non-life insurance, as well as pension needs.

$180,000,000.00 2008
30.

Greenlight Planet

Kenya

Greenlight Planet designs, distributes and finances Sun King solar home energy solutions to households and businesses who lack reliable access to the grid.

$171,000,000.00 2009
31.

H2O Securities

South Africa

H2O Securities is Solving Water Scarcity Through Blockchain Finance

$150,000,000.00 2021
32.

Twiga Foods

Kenya

Twiga Foods is a business-to-business marketplace platform that sources produce directly from farmers and delivers it to urban retailers.

$145,650,000.00 2013
33.

Sokowatch

Kenya

Sokowatch is transforming communities across Africa by revolutionizing access to essential goods and services.

$143,600,000.00 2013
34.

PalmPay

Nigeria

PalmPay is a simple and secure payment app that give rewards.

$140,000,000.00 2019
35.

Bboxx

Dr Congo

Bboxx is an African-focused next generation utility startup which provides access to affordable clean energy.

$132,374,625.00 2010
36.

Swvl

Egypt

Swvl is revolutionising the transportation scene in emerging markets, through providing a technology based alternative to public transportation

$123,000,000.00 2017
37.

TradeDepot

Nigeria

TradeDepot enables manufacturers and key distributors keep their brands in stock on the shelves of millions of retail stores across Africa.

$123,000,000.00 2015
38.

AgriProtein

South Africa

Agriprotein specializes in nutrient recycling to create sustainable sources of protein for the mono-gastric animal feed industry.

$122,500,000.00 2008
39.

Fawry

Egypt

Fawry is the leading Egyptian platform for digital transformation & e-payments

$122,000,000.00 2008
40.

TymeBank

South Africa

TymeBank is a South African fully black-owned and controlled investment company.

$121,109,182.00 2012
41.

Interswitch

Nigeria

Interswitch is an Africa-focused integrated digital payments and commerce company.

$120,500,000.00 2002
42.

Gro Intelligence

Kenya

Gro Intelligence is an AI-powered insights company that provides decision-making analytics to the agriculture economies and their participants.

$118,810,000.00 2014
43.

MFS Africa

South Africa

Cross-border, cross-currency, cross-network payments.

$115,200,000.00 2009
44.

Clickatell

South Africa

Clickatell gives consumers the power to manage their daily lives and transact with businesses in chat.

$109,000,000.00 2000
45.

InstaDeep

Tunisia

InstaDeep is a Tunis-based AI startup which provides self-learning decision making systems.

$107,000,000.00 2015
46.

Yoco

South Africa

Yoco is a point-of-sale payments provider for small businesses in Africa.

$106,100,000.00 2013
47.

Helios Towers

Dr Congo

Helios Towers (HT) enables mobile operators to roll out and enhance coverage in high-growth markets.

$105,000,000.00 2012
48.

Copia Global

Kenya

Copia Global provides a consumer catalog order and delivery system intended to serve consumers in the developing world.

$103,000,000.00 2012
49.

Edita Food Industries

Egypt

Edita Food Industries manufactures croissants, cakes, bakery products and distributes imported sweeteners, olive oils and pasta.

$102,000,000.00 1996
50.

MainOne

Nigeria

MainOne is a telecommunications startup aimed at enabling West Africa's digital economy.

$100,000,000.00 2007
51.

CSquared

Kenya

CSquared builds metro fiber and Wi-Fi networks to help local providers connect more people to the Internet and each other

$100,000,000.00 2013
52.

Ethomed

South Africa

Ethomed develops treatments for neglected diseases.

$100,000,000.00 2015
53.

SA Taxi

South Africa

SA Taxi is a vertically integrated company servicing the minibus taxi industry.

$100,000,000.00 1998
54.

Crossboundary

Kenya

CrossBoundary is a mission driven investment firm that unlocks the power of capital for sustainable growth and strong returns in underserved markets.

$100,000,000.00 2011
55.

Oragroup SA

Togo

Oragroup SA provides personal and business banking services.

$99,500,000.00 1988
56.

Kuda Bank

Nigeria

Kuda Bank is designed for your smartphone, free of ridiculous charges and great at helping you budget, spend smartly and save more.

$91,600,000.00 2018
57.

Daystar Power

Nigeria

Solar power and Energy efficiency solutions for businesses

$88,546,000.00 2017
58.

caif

Senegal

caif is a provider of training services intended to break down the barriers of hiring by offering appropriate training courses.

$88,000,000.00 2003
59.

mPharma

Ghana

mPharma offers solutions to health insurance and pharmaceutical companies to make it easier for patients to afford their medications.

$85,500,000.00 2013
60.

Sama

Kenya

Sama provides high-quality training data that powers AI technology.

$84,800,000.00 2008
61.

WeBuyCars

South Africa

Webuycars is South Africa's one-stop service to either SELL or BUY a vehicle.

$84,600,000.00 2001
62.

African Leadership Academy

South Africa

African Leadership Academy (ALA) is a pre-eminent educational institution that seeks to transform Africa

$83,200,000.00 2008
63.

SunFunder

Kenya

SunFunder is unlocking debt capital for solar energy access & climate change

$81,320,000.00 2012
64.

Beloxxi

Nigeria

Beloxxi is a Nigerian distributer and importer of branded biscuits from an international source.

$80,000,000.00 1994
65.

Konga

Nigeria

Konga Online Shopping is a Nigerian online shopping website selling books, home appliances, mobile phones, groceries, and others.

$79,500,000.00 2012
66.

Juhayna

Egypt

Juhayna Food Industries is a leading Egypt-based manufacturer of milk, yoghurt, juice and juice concentrate.

$73,000,000.00 1983
67.

Paymob

Egypt

Paymob runs millions of transactions for different business sizes across the Middle East and Africa.

$68,500,000.00 2015
68.

Yassir

Algeria

Yassir is a transport service that uses smartphone app and allows everyone to book drivers and move around safely.

$67,690,000.00 2016
69.

Hygeia HMO

Nigeria

Hygeia HMO is the West African provider of integrated healthcare.

$66,800,000.00 1984
70.

Tekkie Town

South Africa

Tekkie Town owns and operates a chain of sport and lifestyle shoe stores in South Africa.

$65,000,000.00 2001
71.

Zambeef Products

Zambia

Zambeef Products PLC is a production, processing, distribution and retailing of beef, chicken, pork, milk, etc.

$65,000,000.00 1994
72.

Aza Finance

Kenya

Enabling businesses to grow past their borders through safe and affordable FX and cross-border money transfer solutions.

$64,950,000.00 2013
73.

Travaux Généraux de Construction de Casablanca

Morocco

TGCC operates in both Morocco and Sub-Saharan Africa and stands out as the national leader in construction works. industrial, public and building.

$64,286,750.00 1991
74.

MAX.NG

Nigeria

MAX.NG (Metro Africa Express) is on a mission to fix Africa’s notorious last-mile delivery and online-retail problems.

$64,200,000.00 2015
75.

Fido

Ghana

Fido is an Africa-focused credit first neobank for the unbanked

$64,000,000.00 2014
76.

Sigma Pensions

Nigeria

Sigma Pensions is a pension fund administration platform.

$62,000,000.00 2004
77.

Opontia

Egypt

Opontia is the next-generation consumer holding group in the Middle East & Africa.

$62,000,000.00 2021
78.

MaxAB

Egypt

MaxAB is a B2B e-commerce marketplace that connects food and grocery retailers to suppliers in Egypt’s most under-served geographies.

$61,200,000.00 2018
79.

Sierra Rutile

Sierra Leone

Sierra Rutile is a leading mineral sands company, operating world-class assets in Sierra Leone.

$60,000,000.00 1971
80.

Thrive Agric

Nigeria

Thrive Agric is an agricultural technology startup connecting Farmers with Access to Finance, Premium Markets and Data.

$58,385,000.00 2016
81.

PEG Africa

Ghana

PEG is the leader in deploying and financing solar to households and SMEs in West Africa

$56,500,000.00 2013
82.

Yellow Card

Nigeria

Yellow Card Financial is a digital currency exchange for the cash market.

$56,500,000.00 2016
83.

Alexander Forbes

South Africa

Alexander Forbes offers integrated retirement, investment, life and insurance solutions to protect what matters.

$56,000,000.00 1935
84.

TeamApt

Nigeria

TeamApt is using technology to facilitate financial happiness for Africans

$55,500,000.00 2015
85.

General Emballage

Algeria

General Emballage is a supplier of corrugated cardboard in Algeria.

$55,000,000.00 1998
86.

VALR

South Africa

VALR bridges the gap between our traditional financial system and the new world of cryptocurrencies.

$54,900,000.00 2018
87.

Cellulant

Kenya

Cellulant is a leading multinational payments company in Africa on a mission to digitize payments for Africa's largest economies.

$54,500,000.00 2004
88.

Vezeeta

Egypt

Vezeeta is a digital healthcare powerhouse that serves and empowers patients in every step of their healthcare journey through data and technology.

$54,230,000.00 2012
89.

Cequens

Egypt

Cloud Communication Platform offering Customer Engagement and 2 Factor Authentication Services to Enterprises and Developers Globally

$54,000,000.00 2011
90.

Food Lover's Market

South Africa

A South Africa-based independent food retail group

$54,000,000.00 1993
91.

Britam

Kenya

Britam is a diversified financial services group.

$53,640,790.00 1956
92.

Instabug

Egypt

Instabug is a crowd-sourcing platform designed to provide application feedback to developers

$53,120,000.00 2012
93.

ONOMO Hotels

Morocco

ONOMO Hotels is a hotel group targeting African business travellers.

$52,362,720.00 2008
94.

Apollo Agriculture

Kenya

Apollo Agriculture is a technology company based in Nairobi, Kenya that helps small-scale farmers maximize their profits.

$52,200,000.00 2016
95.

RapidDeploy

South Africa

RapidDeploy is a South African Cloud-based Computer Aided Dispatch (CAD) and Analytics platform.

$52,000,000.00 2014
96.

One Africa Media

South Africa

One Africa Media owns, operates and invests in a portfolio of online marketplaces in the employment, auto, property and travel sectors

$52,000,000.00 2012
97.

Tugende

Uganda

Tugende uses asset finance, technology, and a customer-centric model to help informal sector entrepreneurs.

$51,080,000.00 2013
98.

iSON Xperiences

Nigeria

iSON Xperiences is the Business Process Outsourcing firm.

$51,000,000.00 2010
99.

Azuri Technologies

Nigeria

Azuri is a leading commercial provider of PayGo Solar Home Systems for rural off-grid homes.

$51,000,000.00 2012
100.

Keaton Energy Holdings

South Africa

Keaton Energy Holdings Limited is a coal mining and development company.

$50,351,366.00 2006

Aspen Pharmacare

South Africa

Founded

1850

Overview

Aspen Pharmacare is a global supplier of branded and generic pharmaceutical products.

Last round

--

Total raised

Employee

Jumia

Nigeria

Founded

2012

Overview

Jumia Group is an e-commerce ecosystem that provides innovative, convenient, and affordable online goods and services to consumers.

Last round

--

Total raised

Employee

Steinhoff International

South Africa

Founded

1964

Overview

Steinhoff is an integrated retailer that manufactures, sources, and retails furniture and household goods in Europe, Africa and Australia.

Last round

--

Total raised

Employee

IHS Towers

Nigeria

Founded

2001

Overview

IHS is a mobile telecommunications infrastructure provider.

Last round

--

Total raised

Employee

OPay

Nigeria

Founded

2018

Overview

OPay empowers users and enables them to accomplish more with their money by providing smart financial services.

Last round

--

Total raised

Employee

Promasidor

South Africa

Founded

1979

Overview

Promasidor is the leading provider of high-quality food products across various regions in Africa

Last round

--

Total raised

Employee

Flutterwave

Nigeria

Founded

2016

Overview

The easiest way to make and accept payments from customers anywhere in the world.

Last round

--

Total raised

Employee

Zipline

Rwanda

Founded

2014

Overview

Zipline is a Rwandan startup which delivers medical supplies using automated drones.

Last round

--

Total raised

Employee

Andela

Nigeria

Founded

2014

Overview

Andela is an engineering-as-a-service business that helps companies build remote teams quickly and cost-effectively.

Last round

--

Total raised

Employee

Tala

Kenya

Founded

2011

Overview

Tala is a financial technology company on a mission to build a financial system that works for everyone.

Last round

--

Total raised

Employee

Glovo

Kenya

Founded

2015

Overview

Glovo is a courier service that purchases, picks up, and delivers products ordered through its mobile application.

Last round

--

Total raised

Employee

Hollard Insurance

South Africa

Founded

1980

Overview

Hollard Insurance is an insurance agency selling house, car, business and funeral insurance.

Last round

--

Total raised

Employee

Zola Electric

Nigeria

Founded

2011

Overview

ZOLA Electric is a Silicon Valley startup democratizing clean energy access and smart storage power solutions.

Last round

--

Total raised

Employee

Teraco Data Environments

South Africa

Founded

2007

Overview

Teraco Data Environments is a network and hosting company providing vendor neutral data centers in South Africa.

Last round

--

Total raised

Employee

Chipper Cash

Ghana

Founded

2017

Overview

Chipper cash is the largest mobile cross-border money transfer platform in Africa.

Last round

--

Total raised

Employee

Mediclinic

South Africa

Founded

1983

Overview

Mediclinic is a private hospital group with three operating platforms in Southern Africa (South Africa and Namibia)

Last round

--

Total raised

Employee

Wave Mobile Money

Senegal

Founded

2017

Overview

Wave Mobile Money is a Senegalese startup which provides an app-based financial solution to save, transfer, and borrow money.

Last round

--

Total raised

Employee

Go1

South Africa

Founded

2015

Overview

Go1 is a South African eLearning startup which offers digital learning for entire workforce.

Last round

--

Total raised

Employee

MNT-Halan

Egypt

Founded

2018

Overview

MNT-Halan is Egypt’s largest and fastest growing lender to the unbanked.

Last round

--

Total raised

Employee

JUMO

South Africa

Founded

2014

Overview

JUMO is a technology platform, developed for building and running financial services.

Last round

--

Total raised

Employee

d.light

Kenya

Founded

2007

Overview

d.light is an international Energy startup that serves people without access to reliable electricity.

Last round

--

Total raised

Employee

Bayport Financial Services

Mauritius

Founded

2001

Overview

Bayport Management Limited, through its subsidiaries, provides retail financial services in the Republic of Mauritius and internationally.

Last round

--

Total raised

Employee

Pepkor

South Africa

Founded

1965

Overview

Pepkor is a South African based investment holding company with retail interests in Africa, Australia and Eastern Europe.

Last round

--

Total raised

Employee

M-KOPA

Kenya

Founded

2011

Overview

M-KOPA has connected more than 500,000 homes in Kenya, Tanzania and Uganda to solar power, with over 500 new homes being added every day.

Last round

--

Total raised

Employee

Tracker Connect

South Africa

Founded

1996

Overview

Tracker Connect provides vehicle safety solutions such as vehicle tracking, stolen vehicle recovery systems, and fleet management

Last round

--

Total raised

Employee

Moove

Nigeria

Founded

2019

Overview

Moove is a Nigerian mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs across Africa.

Last round

--

Total raised

Employee

Lumos

Nigeria

Founded

2012

Overview

Lumos is a Clean Energy company and a leading provider of high-quality solar home systems that is revolutionising the African market.

Last round

--

Total raised

Employee

Takealot

South Africa

Founded

2010

Overview

Takealot.com’s mission is to be the most customer-centric online shopping destination in Africa.

Last round

--

Total raised

Employee

Enterprise Group

Ghana

Founded

2008

Overview

The Enterprise Group gives you a range of products for any life and non-life insurance, as well as pension needs.

Last round

--

Total raised

Employee

Greenlight Planet

Kenya

Founded

2009

Overview

Greenlight Planet designs, distributes and finances Sun King solar home energy solutions to households and businesses who lack reliable access to the grid.

Last round

--

Total raised

Employee

H2O Securities

South Africa

Founded

2021

Overview

H2O Securities is Solving Water Scarcity Through Blockchain Finance

Last round

--

Total raised

Employee

Twiga Foods

Kenya

Founded

2013

Overview

Twiga Foods is a business-to-business marketplace platform that sources produce directly from farmers and delivers it to urban retailers.

Last round

--

Total raised

Employee

Sokowatch

Kenya

Founded

2013

Overview

Sokowatch is transforming communities across Africa by revolutionizing access to essential goods and services.

Last round

--

Total raised

Employee

PalmPay

Nigeria

Founded

2019

Overview

PalmPay is a simple and secure payment app that give rewards.

Last round

--

Total raised

Employee

Bboxx

Dr Congo

Founded

2010

Overview

Bboxx is an African-focused next generation utility startup which provides access to affordable clean energy.

Last round

--

Total raised

Employee

Swvl

Egypt

Founded

2017

Overview

Swvl is revolutionising the transportation scene in emerging markets, through providing a technology based alternative to public transportation

Last round

--

Total raised

Employee

TradeDepot

Nigeria

Founded

2015

Overview

TradeDepot enables manufacturers and key distributors keep their brands in stock on the shelves of millions of retail stores across Africa.

Last round

--

Total raised

Employee

AgriProtein

South Africa

Founded

2008

Overview

Agriprotein specializes in nutrient recycling to create sustainable sources of protein for the mono-gastric animal feed industry.

Last round

--

Total raised

Employee

Fawry

Egypt

Founded

2008

Overview

Fawry is the leading Egyptian platform for digital transformation & e-payments

Last round

--

Total raised

Employee

TymeBank

South Africa

Founded

2012

Overview

TymeBank is a South African fully black-owned and controlled investment company.

Last round

--

Total raised

Employee

Interswitch

Nigeria

Founded

2002

Overview

Interswitch is an Africa-focused integrated digital payments and commerce company.

Last round

--

Total raised

Employee

Gro Intelligence

Kenya

Founded

2014

Overview

Gro Intelligence is an AI-powered insights company that provides decision-making analytics to the agriculture economies and their participants.

Last round

--

Total raised

Employee

MFS Africa

South Africa

Founded

2009

Overview

Cross-border, cross-currency, cross-network payments.

Last round

--

Total raised

Employee

Clickatell

South Africa

Founded

2000

Overview

Clickatell gives consumers the power to manage their daily lives and transact with businesses in chat.

Last round

--

Total raised

Employee

InstaDeep

Tunisia

Founded

2015

Overview

InstaDeep is a Tunis-based AI startup which provides self-learning decision making systems.

Last round

--

Total raised

Employee

Yoco

South Africa

Founded

2013

Overview

Yoco is a point-of-sale payments provider for small businesses in Africa.

Last round

--

Total raised

Employee