HomeTop 100
Public Ranking
Total Funding

Top 100 African Startups by Total Fundings

Explore the top 100 African startups ranked by total disclosed funding.

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Combined Funding
$31.6B
Average Funding
$316M
Companies
100
Countries
16

Market Map

100 companies in this list

1
Aspen Pharmacare

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

HQ Location
South Africa
Total Funding
$3.8B
Founded
1850
2
Zipline

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

HQ Location
Rwanda
Total Funding
$2.1B
Founded
2014
3
Tabby

Tabby creates financial freedom in the way people shop, earn and save by reshaping their relationship with money.

HQ Location
Egypt
Total Funding
$1.9B
Founded
2019
4
MNT-Halan

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

HQ Location
Egypt
Total Funding
$989.2M
Founded
2018
5
Sun King

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

HQ Location
Kenya
Total Funding
$989M
Founded
2009
6
Zepz

Zepz is unlocking the prosperity of cross-border communities through finance and technology.

HQ Location
Somalia
Total Funding
$960.6M
Founded
2021
7
Jumia

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

HQ Location
Nigeria
Total Funding
$855.3M
Founded
2012
8
d.light

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

HQ Location
Kenya
Total Funding
$815.2M
Founded
2007
9
Moove

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

HQ Location
Nigeria
Total Funding
$697.2M
Founded
2019
10
Steinhoff International

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

HQ Location
South Africa
Total Funding
$654M
Founded
1964
11
IHS Towers

IHS is a mobile telecommunications infrastructure provider.

HQ Location
Nigeria
Total Funding
$652M
Founded
2001
12
OPay

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

HQ Location
Nigeria
Total Funding
$570M
Founded
2018
13
M-KOPA

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.

HQ Location
Kenya
Total Funding
$561.1M
Founded
2011
14
Spiro

SPIRO is accelerating the access of affordable, clean energy technology in the mobility sector.

HQ Location
Kenya
Total Funding
$557M
Founded
2019
15
dLocal

dLocal enables global merchants to accept and send payments across emerging markets via one API.

HQ Location
South Africa
Total Funding
$548.3M
Founded
2016
16
Promasidor

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

HQ Location
South Africa
Total Funding
$532M
Founded
1979
17
TymeBank

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

HQ Location
South Africa
Total Funding
$528.4M
Founded
2012
18
Flutterwave

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

HQ Location
Nigeria
Total Funding
$484.6M
Founded
2016
19
Wave Mobile Money

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

HQ Location
Senegal
Total Funding
$438.5M
Founded
2017
20
Andela

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

HQ Location
Nigeria
Total Funding
$381M
Founded
2014
21
Cassava Technologies

Enabling social mobility and economic prosperity through technology in Africa.

HQ Location
South Africa
Total Funding
$360M
Founded
2021
22
Tala

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

HQ Location
Kenya
Total Funding
$349.4M
Founded
2011
23
Glovo

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

HQ Location
Kenya
Total Funding
$336M
Founded
2015
24
Hollard Insurance

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

HQ Location
South Africa
Total Funding
$327M
Founded
1980
25
Zola Electric

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

HQ Location
Nigeria
Total Funding
$306.1M
Founded
2011
26
Teraco Data Environments

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

HQ Location
South Africa
Total Funding
$304.4M
Founded
2007
27
Chipper Cash

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

HQ Location
Ghana
Total Funding
$302.2M
Founded
2017
28
Mediclinic

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

HQ Location
South Africa
Total Funding
$300M
Founded
1983
29
Moniepoint

Moniepoint provides a seamless platform to accept payments digitally, receive credit and access business management tools.

HQ Location
Nigeria
Total Funding
$293.1M
Founded
2015
30
CrossBoundary Energy

CrossBoundary Energy offers fully financed, customized clean energy solutions for business.

HQ Location
Kenya
Total Funding
$285M
Founded
2022
31
Go1

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

HQ Location
South Africa
Total Funding
$280M
Founded
2015
32
JUMO

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

HQ Location
South Africa
Total Funding
$274.2M
Founded
2014
33
Bayport Financial Services

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

HQ Location
Mauritius
Total Funding
$263M
Founded
2001
34
TerraPay

TerraPay simplifies global money movement – by providing a single connection to the most expansive cross-border payments network.

HQ Location
Kenya
Total Funding
$256.5M
Founded
2014
35
Swvl

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

HQ Location
Egypt
Total Funding
$254.5M
Founded
2017
36
Pepkor

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

HQ Location
South Africa
Total Funding
$238.7M
Founded
1965
37
Tracker Connect

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

HQ Location
South Africa
Total Funding
$234.4M
Founded
1996
38
Yassir

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

HQ Location
Algeria
Total Funding
$217.7M
Founded
2016
39
MFS Africa

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

HQ Location
South Africa
Total Funding
$215.2M
Founded
2009
40
Lumos

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

HQ Location
Nigeria
Total Funding
$212M
Founded
2012
41
Takealot

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

HQ Location
South Africa
Total Funding
$212M
Founded
2010
42
valU

valU is a Buy-Now, Pay-Later lifestyle enabling solution which empowers customers' shopping experience.

HQ Location
Egypt
Total Funding
$203.5M
Founded
2017
43
Thunes

Thunes is a B2B company that powers payments for the world’s fastest-growing businesses.

HQ Location
Kenya
Total Funding
$202M
Founded
2016
44
SolarAfrica Energy

SolarAfrica Energy is a South African Energy startup that provides simple sustainable solutions.

HQ Location
South Africa
Total Funding
$191.8M
Founded
2011
45
Enterprise Group

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

HQ Location
Ghana
Total Funding
$180M
Founded
2008
46
Husk Power Systems

Husk Power Systems provides reliable power to rural communities and businesses, entirely from renewable energy sources

HQ Location
Nigeria
Total Funding
$169M
Founded
2008
47
Bboxx

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

HQ Location
Dr Congo
Total Funding
$161.4M
Founded
2010
48
Lendable

Lendable is the leading provider of debt to fintechs in emerging and frontier markets.

HQ Location
Kenya
Total Funding
$160.7M
Founded
2014
49
H2O Securities

H2O Securities is Solving Water Scarcity Through Blockchain Finance

HQ Location
South Africa
Total Funding
$150M
Founded
2021
50
Twiga Foods

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

HQ Location
Kenya
Total Funding
$145.7M
Founded
2013
51
Planet42

Access to mobility for the underbanked

HQ Location
South Africa
Total Funding
$145.2M
Founded
2017
52
Sokowatch

Wasoko (formerly Sokowatch) is transforming communities across Africa by revolutionizing access to essential goods and services.

HQ Location
Kenya
Total Funding
$143.6M
Founded
2013
53
PalmPay

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

HQ Location
Nigeria
Total Funding
$140M
Founded
2019
54
Tasaheel

Tasaheel is a financing company for micro-projects with easy and simple payment systems.

HQ Location
Egypt
Total Funding
$138M
Founded
2015
55
BURN

BURN is a Kenyan clean energy startup working to create the world’s most efficient biomass, liquid fuel, and electric cookstoves.

HQ Location
Kenya
Total Funding
$135.1M
Founded
2011
56
Yellow Card

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

HQ Location
Nigeria
Total Funding
$129.5M
Founded
2016
57
TradeDepot

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

HQ Location
Nigeria
Total Funding
$123M
Founded
2015
58
AgriProtein

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

HQ Location
South Africa
Total Funding
$122.5M
Founded
2008
59
Fawry

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

HQ Location
Egypt
Total Funding
$122M
Founded
2008
60
Interswitch

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

HQ Location
Nigeria
Total Funding
$120.5M
Founded
2002
61
Lemonade Finance

Lemonade Finance is a Nigerian multi-currency payments solution.

HQ Location
Nigeria
Total Funding
$119.6M
Founded
2020
62
Gro Intelligence

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

HQ Location
Kenya
Total Funding
$118.8M
Founded
2014
63
Sistema.bio

Sistema.bio is a hybrid reactor biodigester that transforms the manure of animals into biogas and a potent, natural fertilizer.

HQ Location
Kenya
Total Funding
$114.4M
Founded
2010
64
Clickatell

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

HQ Location
South Africa
Total Funding
$109M
Founded
2000
65
Stitch

Stitch is a South African fintech platform building API to make Africa a world-leader in fintech.

HQ Location
South Africa
Total Funding
$107M
Founded
2020
66
InstaDeep

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

HQ Location
Tunisia
Total Funding
$107M
Founded
2015
67
Yoco

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

HQ Location
South Africa
Total Funding
$106.1M
Founded
2013
68
CASHPLUS

Empowering Morocco with CashPlus: Your Trusted Fintech Partner for Seamless Money Transfers, Currency Exchange, and Financial Services Nationwide.

HQ Location
Morocco
Total Funding
$106M
Founded
2004
69
Helios Towers

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

HQ Location
Dr Congo
Total Funding
$105M
Founded
2012
70
mPharma

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

HQ Location
Ghana
Total Funding
$104.3M
Founded
2013
71
Copia Global

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

HQ Location
Kenya
Total Funding
$103M
Founded
2012
72
Edita Food Industries

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

HQ Location
Egypt
Total Funding
$102M
Founded
1996
73
MaxAB

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

HQ Location
Egypt
Total Funding
$101.2M
Founded
2018
74
Crossboundary

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

HQ Location
Kenya
Total Funding
$100M
Founded
2011
75
LXE Hearing

US-based hearing-health company formed by Eargo and South African hearX Group.

HQ Location
United States
Total Funding
$100M
Founded
2025
76
Ethomed

Ethomed develops treatments for neglected diseases.

HQ Location
South Africa
Total Funding
$100M
Founded
2015
77
CSquared

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

HQ Location
Kenya
Total Funding
$100M
Founded
2013
78
SA Taxi

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

HQ Location
South Africa
Total Funding
$100M
Founded
1998
79
MainOne

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

HQ Location
Nigeria
Total Funding
$100M
Founded
2007
80
Oragroup SA

Oragroup SA provides personal and business banking services.

HQ Location
Togo
Total Funding
$99.5M
Founded
1988
81
MAX.NG

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

HQ Location
Nigeria
Total Funding
$96.2M
Founded
2015
82
Fido

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

HQ Location
Ghana
Total Funding
$94.5M
Founded
2014
83
Flow48

Flow48 enables SME growth by transforming future revenues into up-front capital under flexible terms.

HQ Location
South Africa
Total Funding
$94M
Founded
2022
84
Kuda Bank

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

HQ Location
Nigeria
Total Funding
$91.6M
Founded
2018
85
Paymob

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

HQ Location
Egypt
Total Funding
$90.5M
Founded
2015
86
Daystar Power

Solar power and Energy efficiency solutions for businesses

HQ Location
Nigeria
Total Funding
$88.5M
Founded
2017
87
Breadfast

Breadfast is your one-stop shop for bakeries, groceries, fruits & veggies!

HQ Location
Egypt
Total Funding
$88M
Founded
2017
88
caif

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

HQ Location
Senegal
Total Funding
$88M
Founded
2003
89
RapidDeploy

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

HQ Location
South Africa
Total Funding
$86M
Founded
2014
90
Sama

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

HQ Location
Kenya
Total Funding
$84.8M
Founded
2008
91
WeBuyCars

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

HQ Location
South Africa
Total Funding
$84.6M
Founded
2001
92
African Leadership Academy

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

HQ Location
South Africa
Total Funding
$83.2M
Founded
2008
93
SunFunder

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

HQ Location
Kenya
Total Funding
$81.3M
Founded
2012
94
Apollo Agriculture

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

HQ Location
Kenya
Total Funding
$80.7M
Founded
2016
95
Beloxxi

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

HQ Location
Nigeria
Total Funding
$80M
Founded
1994
96
Nawy

Nawy is Egypt's proptech which allows users to browse houses online using customisable criteria.

HQ Location
Egypt
Total Funding
$80M
Founded
2016
97
Konga

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

HQ Location
Nigeria
Total Funding
$79.5M
Founded
2012
98
Lulalend

Lulalend is an online lending company that provides fast and easy working capital funding to small businesses in South Africa.

HQ Location
South Africa
Total Funding
$77.5M
Founded
2014
99
Wetility

Wetility enables you smartly generate solar power on your rooftop, then seamlessly store, release and monitor clean energy to your home or business.

HQ Location
South Africa
Total Funding
$75.7M
Founded
2019
100
NALA

NALA Money is the smartest and safest way to make payments in Tanzania and Uganda

HQ Location
Tanzania
Total Funding
$75.2M
Founded
2017

Showing 100 of 100 companies