It seems African startups are bursting out every day trying to solve the problems in our lives, which is good news. Interesting fact; there are over 618 active startup hubs in Africa, but the big challenge is how to find information on them. Well, this is easier now with the launch of The Base.
The Base is a market intelligence platform for the venture ecosystem across Africa, with a special focus on tech-enabled companies. “This data platform aims to provide a continuous snapshot of African startups, venture capitalists, PEs to the online world,” reads a press release from the platform.
The site currently has entries on 1200 African startups and over 150 venture funds, with the promise of growing at a speed of 50 companies every week. It targets investors, startup founders and the general public as their audience. The purpose of the platform is to provide a central database for all African startups, including information on these startups such as funding information and other details.
The platform gives users access to the following information:
- Funding history of startups
- Acquisitions of or by the startups
- Founding team members of the startups
- Investment history of VCs
- A central funding deals page
So when you need the latest information on startups in Africa, check out The Base.