ABAN says Africa’s startup funding recovery is “more grounded” than previous peaks
TechCabal | Muktar Oladunmade - May 11, 2026
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  • African startups raised $3.4 billion in 2025, a 32% rebound from the previous year.
  • Angel participation has recovered after two years of caution, with 90% of angels writing cheques below $25,000.
  • The ABAN reported that 62 angel networks deployed at least $4.4 million in disclosed funding in 2025.
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The rebound in angel investment and the growth of smaller funding rounds indicate a promising shift in the African startup ecosystem. However, the reliance on local and diaspora investors highlights the need for continued support and infrastructure development to ensure sustainable growth. The evolving landscape suggests that while challenges remain, the potential for innovation and investment in Africa is significant.
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