Top 100 African Startups by Total Fundings
Explore the top 100 African startups ranked by total disclosed funding.
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100 companies in this list
Aspen Pharmacare is a global supplier of branded and generic pharmaceutical products.
- HQ Location
- South Africa
- Total Funding
- $3.8B
- Founded
- 1850
Zipline is a Rwandan startup which delivers medical supplies using automated drones.
- HQ Location
- Rwanda
- Total Funding
- $2.1B
- Founded
- 2014
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
MNT-Halan is Egypt’s largest and fastest growing lender to the unbanked.
- HQ Location
- Egypt
- Total Funding
- $989.2M
- Founded
- 2018
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
Zepz is unlocking the prosperity of cross-border communities through finance and technology.
- HQ Location
- Somalia
- Total Funding
- $960.6M
- Founded
- 2021
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
d.light is an international Energy startup that serves people without access to reliable electricity.
- HQ Location
- Kenya
- Total Funding
- $815.2M
- Founded
- 2007
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
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
IHS is a mobile telecommunications infrastructure provider.
- HQ Location
- Nigeria
- Total Funding
- $652M
- Founded
- 2001
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
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
SPIRO is accelerating the access of affordable, clean energy technology in the mobility sector.
- HQ Location
- Kenya
- Total Funding
- $557M
- Founded
- 2019
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
Promasidor is the leading provider of high-quality food products across various regions in Africa
- HQ Location
- South Africa
- Total Funding
- $532M
- Founded
- 1979
TymeBank is a South African fully black-owned and controlled investment company.
- HQ Location
- South Africa
- Total Funding
- $528.4M
- Founded
- 2012
The easiest way to make and accept payments from customers anywhere in the world.
- HQ Location
- Nigeria
- Total Funding
- $484.6M
- Founded
- 2016
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
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
Enabling social mobility and economic prosperity through technology in Africa.
- HQ Location
- South Africa
- Total Funding
- $360M
- Founded
- 2021
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
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
Hollard Insurance is an insurance agency selling house, car, business and funeral insurance.
- HQ Location
- South Africa
- Total Funding
- $327M
- Founded
- 1980
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
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
Chipper cash is the largest mobile cross-border money transfer platform in Africa.
- HQ Location
- Ghana
- Total Funding
- $302.2M
- Founded
- 2017
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
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
CrossBoundary Energy offers fully financed, customized clean energy solutions for business.
- HQ Location
- Kenya
- Total Funding
- $285M
- Founded
- 2022
Go1 is a South African eLearning startup which offers digital learning for entire workforce.
- HQ Location
- South Africa
- Total Funding
- $280M
- Founded
- 2015
JUMO is a technology platform, developed for building and running financial services.
- HQ Location
- South Africa
- Total Funding
- $274.2M
- Founded
- 2014
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
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
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
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
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
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
Cross-border, cross-currency, cross-network payments.
- HQ Location
- South Africa
- Total Funding
- $215.2M
- Founded
- 2009
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
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
valU is a Buy-Now, Pay-Later lifestyle enabling solution which empowers customers' shopping experience.
- HQ Location
- Egypt
- Total Funding
- $203.5M
- Founded
- 2017
Thunes is a B2B company that powers payments for the world’s fastest-growing businesses.
- HQ Location
- Kenya
- Total Funding
- $202M
- Founded
- 2016
SolarAfrica Energy is a South African Energy startup that provides simple sustainable solutions.
- HQ Location
- South Africa
- Total Funding
- $191.8M
- Founded
- 2011
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
Husk Power Systems provides reliable power to rural communities and businesses, entirely from renewable energy sources
- HQ Location
- Nigeria
- Total Funding
- $169M
- Founded
- 2008
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
Lendable is the leading provider of debt to fintechs in emerging and frontier markets.
- HQ Location
- Kenya
- Total Funding
- $160.7M
- Founded
- 2014
H2O Securities is Solving Water Scarcity Through Blockchain Finance
- HQ Location
- South Africa
- Total Funding
- $150M
- Founded
- 2021
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
Access to mobility for the underbanked
- HQ Location
- South Africa
- Total Funding
- $145.2M
- Founded
- 2017
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
PalmPay is a simple and secure payment app that give rewards.
- HQ Location
- Nigeria
- Total Funding
- $140M
- Founded
- 2019
Tasaheel is a financing company for micro-projects with easy and simple payment systems.
- HQ Location
- Egypt
- Total Funding
- $138M
- Founded
- 2015
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
Yellow Card Financial is a digital currency exchange for the cash market.
- HQ Location
- Nigeria
- Total Funding
- $129.5M
- Founded
- 2016
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
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
Fawry is the leading Egyptian platform for digital transformation & e-payments
- HQ Location
- Egypt
- Total Funding
- $122M
- Founded
- 2008
Interswitch is an Africa-focused integrated digital payments and commerce company.
- HQ Location
- Nigeria
- Total Funding
- $120.5M
- Founded
- 2002
Lemonade Finance is a Nigerian multi-currency payments solution.
- HQ Location
- Nigeria
- Total Funding
- $119.6M
- Founded
- 2020
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
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
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
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
InstaDeep is a Tunis-based AI startup which provides self-learning decision making systems.
- HQ Location
- Tunisia
- Total Funding
- $107M
- Founded
- 2015
Yoco is a point-of-sale payments provider for small businesses in Africa.
- HQ Location
- South Africa
- Total Funding
- $106.1M
- Founded
- 2013
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
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
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
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
Edita Food Industries manufactures croissants, cakes, bakery products and distributes imported sweeteners, olive oils and pasta.
- HQ Location
- Egypt
- Total Funding
- $102M
- Founded
- 1996
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
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
US-based hearing-health company formed by Eargo and South African hearX Group.
- HQ Location
- United States
- Total Funding
- $100M
- Founded
- 2025
Ethomed develops treatments for neglected diseases.
- HQ Location
- South Africa
- Total Funding
- $100M
- Founded
- 2015
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
SA Taxi is a vertically integrated company servicing the minibus taxi industry.
- HQ Location
- South Africa
- Total Funding
- $100M
- Founded
- 1998
MainOne is a telecommunications startup aimed at enabling West Africa's digital economy.
- HQ Location
- Nigeria
- Total Funding
- $100M
- Founded
- 2007
Oragroup SA provides personal and business banking services.
- HQ Location
- Togo
- Total Funding
- $99.5M
- Founded
- 1988
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
Fido is an Africa-focused credit first neobank for the unbanked
- HQ Location
- Ghana
- Total Funding
- $94.5M
- Founded
- 2014
Flow48 enables SME growth by transforming future revenues into up-front capital under flexible terms.
- HQ Location
- South Africa
- Total Funding
- $94M
- Founded
- 2022
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
Paymob runs millions of transactions for different business sizes across the Middle East and Africa.
- HQ Location
- Egypt
- Total Funding
- $90.5M
- Founded
- 2015
Solar power and Energy efficiency solutions for businesses
- HQ Location
- Nigeria
- Total Funding
- $88.5M
- Founded
- 2017
Breadfast is your one-stop shop for bakeries, groceries, fruits & veggies!
- HQ Location
- Egypt
- Total Funding
- $88M
- Founded
- 2017
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
RapidDeploy is a South African Cloud-based Computer Aided Dispatch (CAD) and Analytics platform.
- HQ Location
- South Africa
- Total Funding
- $86M
- Founded
- 2014
Sama provides high-quality training data that powers AI technology.
- HQ Location
- Kenya
- Total Funding
- $84.8M
- Founded
- 2008
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
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
SunFunder is unlocking debt capital for solar energy access & climate change
- HQ Location
- Kenya
- Total Funding
- $81.3M
- Founded
- 2012
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
Beloxxi is a Nigerian distributer and importer of branded biscuits from an international source.
- HQ Location
- Nigeria
- Total Funding
- $80M
- Founded
- 1994
Nawy is Egypt's proptech which allows users to browse houses online using customisable criteria.
- HQ Location
- Egypt
- Total Funding
- $80M
- Founded
- 2016
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
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
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
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