African startups have seen a significant surge in funding, with $1.35 billion secured in the first half of 2025, representing a 78% increase from the same period in 2024. Here's a breakdown of the key trends and figures ¹ ²:
- *Funding Breakdown*:
- *Equity Investments*: $950 million, a 79% increase from H1 2024, with sectors like fintech, health tech, and logistics attracting significant venture capital appetite.
- *Debt Financing*: $400 million, a 55% increase over H1 2024, with Senegal-based fintech company Wave accounting for $137 million of the total debt deals in June.
- *Monthly Fundraising*:
- June 2025 was the strongest funding month in nearly a year, with $365 million secured.
- Monthly fundraising exceeded $250 million four times in H1 2025, averaging $237 million per month.
- *Comparison to Previous Periods*:
- H1 2025 performance is nearly on par with H2 2024's total of $1.37 billion, with only a marginal 1.5% decline.
- The average monthly funding in H1 2025 ($237 million) is up from $133 million in H1 2024 and $187 million across the full year ¹.
These figures indicate a strong rebound in venture capital appetite and a sustained investor confidence in African startups, particularly in key sectors like fintech, health tech, and logistics ¹ ².