Egypt Leads as African Startup Funding Hits $1 Billion Despite Volatility
- African startups secured a total of $1 billion in funding between January and May 2025, a 40% rise from the same timeframe in 2024.
- Funding peaked in January 2025 with $289 million raised but saw a decline to $50 million in March before recovering to $343 million in April.
- Egypt became Africa's top startup funding destination in 2025, attracting $330 million, which is 31% of all disclosed funding.
The significant increase in funding for African startups, particularly in Egypt, indicates a positive shift in investor confidence. However, the month-to-month variations highlight the need for sustained efforts to maintain momentum and attract consistent investment across the continent.
