How to Raise Funds for Startups in Africa in 2025: A Practical Guide for Founders
Tech In Africa - Nov 24, 2025
African startups raised $2.65 billion between January and October 2025, marking a 56% increase from 2024. In Q1 2025, startups secured $460 million from deals worth $100,000 and above, showing only a 5% dip from Q1 2024.
Jumia CEO sees ‘Inflection Point’ as Q3 revenue climbs 25% to $45.6 million
Bendada.com - Nov 12, 2025
Jumia's revenue for Q3 2025 reached $45.6 million, a 25% increase year-over-year. Operational losses decreased to $17.4 million, down 13% from the previous year.
Nigeria falls to 18th place in RMB’s ‘Where to Invest in Africa’ report
Bendada.com - Oct 29, 2025
Nigeria dropped to 18th place in the Where to Invest in Africa 2025 report. Seychelles ranked first due to high personal freedom and macroeconomic stability.
Tanzania’s Kuunda raises $7.5 million to drive expansion into the Middle East and North Africa
TechCabal - Oct 15, 2025
Kuunda raised $7.5 million in pre-Series A funding to expand its operations. The funding round included participation from various venture capital firms and financial service providers.
COMESA bets on new payment system to reduce dollar reliance in Kenya, Ethiopia, Egypt
TechCabal - Oct 10, 2025
COMESA launched a Digital Retail Payments Platform to facilitate trade in local currencies. The platform aims to reduce transaction costs from an average of 8% to below 3%.