Nearly 40% of African startup funding now comes from local investors
African investors accounted for nearly 40% of total startup funding in 2023, up from 25%. Local fund managers have maintained a steady level of investment, indicating a maturing investment base.
How Africa’s startup funding shifted from growth to Infrastructure in 2025
Africa's startup ecosystem raised more capital in 2025 than in 2024, marking a significant rebound after two years of contraction. Only 3 of the 10 largest funding rounds in 2025 were pure venture rounds, with the rest relying on debt and project finance.
Before the VCs arrive, FirstFounders wants African AI startups built to last
FirstFounders was launched in 2020 to help founders turn ideas into scalable businesses. The firm identifies a lack of operational support and capital access as key challenges for African startups.
Africa’s gender funding gap persists; women founders still get just 1 in 10 dollars
In 2025, Africa's tech funding topped $2 billion for over 500 deals. Male-led startups received 75% of the total funding, while women-led startups received only 10%.
77% of African Angel Investors Allocate Under $25K to Startups, Survey Reveals
77% of angel investors in Africa allocated less than $25,000 to startups between 2022 and 2024. Increase in investors committing amounts ranging from $50,001 to $250,000.
