Africa Startups

Angel investing means putting money into a business early before it is big enough to attract larger investors. It is the first cheque a founder receives from someone outside their own capital. According to the ABAN 2025 Angel Investment Survey, 33% of active angel investors in Africa are diaspora members. And 65% of companies that received angel investment went on to raise more funding. The diaspora is already doing this. The question is whether you are doing it alone or …

Zambia has an angel investment ecosystem. It has founders building high-potential businesses across fintech, agriculture and digital services. It has a network of local investors who know those founders, who have evaluated their models, who have built relationships with them over years. What it also has is diaspora — professionals across Europe and beyond who understand the African market, who carry that knowledge with them, and who want to invest in businesses that are already growing. Zidicircle connects the two. …

Adeola Adedewe grew up in Africa. When he moved to the United States, he became credit invisible and his entire financial history, unreadable to the American system. He built Kredete to solve that problem. In 21 months, the platform grew from $500K in seed funding to $48M in annual recurring revenue, processing $500M in remittances for 700,000 monthly users. On 31 March 2026, Zidicircle members heard that story from the fund that backed Kredete before the trajectory was visible. Zachariah …

There is a gap in African SME financing that most people misdiagnose. They call it a capital problem. It is not. There is diaspora capital sitting in European savings accounts, pension schemes, and cautious remittance transfers. There are DFIs with African mandates struggling to deploy at the early-growth stage. The capital exists. The real gap is preparation — on both sides of the table. Most SMEs are not ready to receive investment when they need it. Most diaspora investors have …

In one of our entrepreneur’s stories, we feature one of our spring cohorts, Aggrey Anduuru, the proprietor and CEO of Essential People. We asked Aggrey a series of questions, whose answers we hope you, our Zidicircle community, will find enlightening, insightful, inspiring and motivating Q: What is the name of your venture? A: Essential People… trading as Essential Business Advisory Services Limited Q: What does Essential People do? A: We are a people business. We are into recruitment, selection, placement, …