African Start-Ups Raise $550M in July—Libya Joins Club as Debt Dominates Funding Surge
- 61 start-ups across Africa announced funding rounds of at least $100,000 in July 2025.
- The total amount raised for the month reached $550 million, the highest in over two years.
- 83% of the capital was captured by two Kenyan companies, d.light and Sun King.
The significant increase in funding for African start-ups, particularly in the energy sector, reflects a growing investor confidence and potential for innovation in the region. However, the decline in equity funding raises questions about the sustainability of this growth and the need for a balanced funding approach.
