25 African Startups to Watch; Fintech Unicorn Moniepoint in Focus | Bloomberg Next Africa

Watch on YouTube ↗  |  May 30, 2026 at 05:00  |  24:00  |  Bloomberg Markets
Speakers
Felix Ike — Co-founder and CTO, Moniepoint
Andrew Firman — Managing Partner and Co-founder, Kaleo Ventures

Summary

Bloomberg's Next Africa episode presents the 2026 African Startups to Watch list, focusing on urgency and real-world problem-solving. Featured companies include fintech unicorn Moniepoint, drone startup Terra Industries, and others addressing infrastructure gaps. Venture capital investors discuss shifting funding sources, with African investors now accounting for 45% of funding, and highlight the attractiveness of African valuations.

  • Bloomberg released its 2026 African Startups to Watch list with a theme of urgency.
  • Moniepoint processes $22B monthly and remains profitable, considering IPO options.
  • Terra Industries is scaling drone manufacturing for defense in West Africa and beyond.
  • African investors now provide 45% of startup funding, up from previous years.
  • International investors are drawn to Africa by attractive valuations and core-problem solving.
  • Pension funds in Africa are increasing allocations to private capital for duration matching.
  • Startups are focusing on infrastructure gaps in health, clean water, agriculture, and energy.
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