Next Wave:Β Money is coming back to African startups; we need a better story to make it stay
TechCabal | Ngozi Chukwu - Jul 28, 2025
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  • The first half of 2025 has shown a collective sigh of relief for stakeholders in Africa's technology landscape due to a rebound in startup fundraising.
  • There is a growing consensus among investors that the narratives driving investment in African startups need to evolve.
  • Fintech has seen a 166% growth in fundraising concentration, reflecting investor interest in proven business models.
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The current landscape of African startups presents both challenges and opportunities. While the rebound in funding is promising, it is crucial for stakeholders to critically assess and adapt their narratives to reflect the evolving market dynamics. A more nuanced understanding of the African tech ecosystem will be essential for sustainable growth and investment.
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