Tomiwa Aladekomo, Big Cabal CEO, opens Moonshot 2025 with a charge to build momentum
- The Moonshot 2025 conference opened in Lagos, focusing on building lasting momentum in Africa's tech ecosystem.
- Funding for African startups plummeted to $797 million in the first half of 2024, down from $3.21 billion in 2022.
- A recent rebound saw startups raise $1.42 billion in the first half of 2025, marking a 78.3% year-over-year increase.
The shift in focus from high valuations to sustainable business practices is a crucial development for Africa's tech industry. This change reflects a more mature understanding of market dynamics and the need for resilience in the face of volatility. Future discussions should explore how to effectively implement these practices and foster innovation in a challenging regulatory environment.
