African startups hit $1 billion in funding for 2025 as Egypt leads in May
[...]African startups have collectively raised $1 billion between January and May 2025, marking a 40% increase compared to the same period in 2024.
Surprisingly, African startups have raised over $2.5 billion from June 2024 to June 2025, the highest 12-month total since early 2024.
While Egypt took the crown, the rest of Africa’s “Big Four” still maintained the top positions in the continent’s funding landscape.
South Africa accounted for 26% of the total funding, Nigeria raised 15%, and Kenya took 12%.[...]
https://techpoint.africa/news/....african-startups-hit