In the first half of 2025, startups in Africa attracted significant funding of $1.4 billion, reflecting growth compared to the previous year and positive trends in venture capital sectors.
Analysis of the First Half of 2025
According to a report by Africa the Big Deal, African startups raised $1.4 billion in the first half of 2025, which is 78% more than the $800 million raised in the first half of 2024. This growth indicates stable development in venture capital on the continent, although the results of 2024 were considered less successful.
Achievements in June and Notable Startups
June emerged as a pivotal month, with startups raising $365 million, setting a record for almost a year. Notable contributors include Senegal's fintech company Wave, which raised $137 million, and other players like South Africa's hearX with $100 million and Egypt's Nawy, which secured $75 million in May.
Overview of Funding and Its Structure
Out of the total $1.4 billion raised, $950 million came in the form of equity (68% of the total), while $400 million was raised through debt. This demonstrates the startups' focus on growth through equity, despite overall financial constraints.
The funding of startups in Africa in the first half of 2025 shows strong results, evoking optimism for future trends and opportunities for investors and entrepreneurs on the continent.
