Key Developments and Events 1. Google for Startups Accelerator Africa—Kenyan Inclusion Shamba Records Empowering African farmers using an AI-driven platform offering smart credit access, market connectivity, and data-driven agricultural solutions. Over 50,000 farmers benefit from this platform, which tackles issues such as access to finance, market data gaps, and climate adaptation. Shamba Records’ selection signals Kenya’s contribution to solving agricultural challenges through technology. tech-ish Apexloads Provides a Software-as-a-Service (SaaS) solution for logistics—connecting freight brokers, forwarders, and transporters using AI. The platform brings transparency, verification systems, and efficient matching algorithms to address supply chain fragmentation and trust issues. Validates Kenya’s capability to innovate in logistics with scalable tech solutions. tech-ish Program Highlights Both startups were among 15 African companies chosen fro...
August 2025 - Recent Developments and Investment Trends Executive Summary Africa may hold just 2.5 per cent of the global AI market, but startups across the continent are drawing investor attention, with the sector valued at $4.51 billion in 2025 and projected to grow to $16.53 billion within five years. Despite global AI funding reaching record levels, African AI startups face significant challenges in accessing capital, raising only $14 million in Q2 2025 across five deals compared to the global AI funding explosion of $47.3 billion during the same period. Key Funding Trends and Statistics Global Context vs. African Reality Global AI Funding : Over $100 billion raised by AI startups globally in the first half of 2025, nearly triple the $38.5 billion raised in the same period last year African Share : African AI startups secured over $40 million in 2025, representing less than 0.04% of global AI investment Recovery Signs : Tech startup investment in Africa is rebounding,...