A Kenyan company specializing in solar energy solutions, d.light has significantly expanded its financing to support its growth.
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.
Kenya Startup Funding Trends 2025
Kenya raised $638 million in startup funding in 2024, marking a 3% growth amidst a 25% decline across Africa. The cleantech sector accounted for 46% of total funding, showcasing a shift from fintech dominance.
East Africa’s Startup Funding Surge: Kenya’s Dominance and Regional Investment Trends
East Africa secured 31% of total investment in 2020, with a marginal lead over West Africa. Since mid-2022, East Africa has accounted for 30% of all funding, surpassing other regions.
