Africa’s Startup Ecosystem Sees Strong Growth with $442 Million Raised in October
Africa's startups secured over $442 million in funding in October 2025, the second-highest month of the year. Equity financing accounted for 76% of the total funding, marking October as the strongest month for equity investments in 2025.
Inside the Minds of Africa’s Most Successful Startup CEOs
In 2024, African startups raised $2.8 billion, with Nigeria, Kenya, South Africa, and Egypt leading the way. Olugbenga Agboola's Flutterwave reached unicorn status in March 2021 after raising over $170 million.
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.
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.
Moniepoint investor takes over Egypt’s $105M Nclude with new venture fund
DPI has taken over the management of Egypt’s $105 million Nclude Fund. Nclude was established in March 2022 by Egyptian state-owned banks and fintech partners.
