Tech In Africa - Jun 13, 2025
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.
Techpoint Africa - Jun 10, 2025
African startups hit $1 billion in funding for 2025 as Egypt leads in May
African startups raised $1 billion between January and May 2025, a 40% increase compared to 2024. January 2025 saw $289 million raised, but funding dropped to $119 million in February and $50 million in March.
TechCabal - May 16, 2025
South Africa’s AURA raises $14.6 million to drive U.S. expansion and global ambitions
AURA raised €13.5 million in Series B funding to expand into the U.S. and nearly 50 countries. The funding round was co-led by Cathay AfricInvest Innovation Fund and Partech.