A catalogue of African startups and products that have shut down. This website serves as a graveyard for these fallen ventures, documenting their shortcomings so future entrepreneurs can avoid the same pitfalls and build even greater successes.
Most Recent Shutdowns
HerRyde
Shutdown: May. 2024
Raised: Unknown
Founded in 2022. HerRyde was a ride-hailing service for women in Nigeria, launched in response to safety concerns experienced impacting women.
Countries: Nigeria 🇳🇬
Gro Intelligence
Shutdown: May. 2024
Raised: $117.60 M
Founded in 2012. Gro Intelligence was an agricultural insights platform that provided data and analytics to help farmers make informed decisions.
Countries: Kenya 🇰🇪
Copia
Shutdown: May. 2024
Raised: $123.00 M
Founded in 2013. Copia was a mobile commerce platform that connected retailers and suppliers to consumers in rural Kenya.
Countries: Kenya 🇰🇪
Thepeer
Shutdown: Apr. 2024
Raised: $2.30 M
Founded in 2021. Thepeer was a Nigeria-based API startup that hoped to power infrastructure for mainly fintech businesses, from small to medium-sized.
Countries: Nigeria 🇳🇬
RejaReja
Shutdown: Apr. 2024
Raised: Unknown
Founded in 2020. RejaReja was a Kenyan e-commerce platform that allowed users to buy and sell goods and services.
Countries: Kenya 🇰🇪
iProcure
Shutdown: Apr. 2024
Raised: $17.20 M
Founded in 2012. iProcure was a B2B agritech startup that provided farmers with access to quality inputs and services.
Countries: Kenya 🇰🇪
LetsChat
Shutdown: Mar. 2024
Raised: Unknown
Founded in 2021. LetsChat was designed for young African users to compete with bigger rivals WhatsApp and Telegram.
Countries: Africa 🌍
Chopnownow
Shutdown: Feb. 2024
Raised: Unknown
Founded in 2020. Chopnownow was a food delivery service that delivered meals to customers in Lagos, Nigeria.
Countries: Nigeria 🇳🇬
Cova
Shutdown: Jan. 2024
Raised: $800.00 K
Founded in 2021. Cova was a Nigerian wealthtech startup that enables users to track their assets in one place.
Countries: Nigeria 🇳🇬
Featured Posts
Case study: Inside the Fall of Dash
August 24, 2024
Ghana has been on a roll, creating an environment conducive to tech startup growth. With innovative solutions emerging across sectors, from fintech to...
Read More
The Increasing Cybersecurity Attacks in Africa
August 03, 2024
The African continent is growing at a rapid pace. A big part of this growth is in the digital sphere. Fintechs, e-commerce, and digital transformation...
Read MoreRecent Posts
Pivo's Shutdown: The Fallout of Cofounder Disagreements
September 28, 2024
Pivo Technology Inc. was a Nigerian-based fintech startup launched in 2021. The company, headquarter...
Read More
The Rise of Open Banking in Africa
September 25, 2024
Sometimes people are skeptical about sharing their details with financial institutions, but what if ...
Read More
Effective Strategies for Startups to Mitigate Currency Devaluation
September 21, 2024
As a startup, especially one that relies on imports, operates in foreign markets or engages in inter...
Read More