Impact of US Policies and USAID Suspension on Africa’s Startup Ecosystem
Kola Aina stated that the suspension of USAID programs has contributed to a slowdown in Africa's startup ecosystem. US trade policies, including new tariffs imposed by President Trump, have created uncertainty that dissuades investors.
Kenyan and Nigerian SMEs, startups hit as US pulls $51 million in funding
USADF has supported over 1,000 businesses across 22 African countries. The funding cut includes $48,406 for a WhatsApp marketing chatbot for small businesses in Kenya.
Female-led ventures get just 2% as Africa’s startup funding dips in March 2025
African startups raised only $50 million in March 2025, the lowest monthly total since late 2020. Funding in March represents an 82.7% decrease from the $289 million raised in January 2025.
Trump’s USAID Shutdown Strikes Blow to African Startups, Halting Critical Funding
President Trump's executive order has halted USAID funding, affecting vulnerable populations and startups. USAID's Development Innovation Ventures invested over $100 million in Kenyan startups over the past decade.
USAID shutdown: A $100 million setback for Kenyan startups
President Trump's executive order to shut down USAID has halted essential aid worldwide. USAID's Development Innovation Ventures (DIV) invested over $100 million in Kenyan startups over the past decade.
