Kenya Startup Funding Trends 2025
- Kenya raised $638 million in startup funding in 2024, marking a 3% growth amidst a 25% decline across Africa.
- The cleantech sector accounted for 46% of total funding, showcasing a shift from fintech dominance.
- Major investments included d.light ($176M), BasiGo ($42M), and M-Kopa ($51M).
Kenya's startup ecosystem is demonstrating resilience and adaptability in the face of global economic challenges. The shift towards climate-tech and agri-tech not only aligns with global sustainability trends but also leverages Kenya's unique renewable energy resources. However, addressing the funding gap from seed to Series A remains critical for sustaining this growth trajectory.
