Condia’s top 10 stories of 2025
- African startups to watch in 2025 were identified, showcasing a shift towards unit economics and renewed funding optimism.
- Nigerian fintechs are increasingly expanding into cross-border operations due to the naira's devaluation, indicating a strategic pivot in the industry.
- An investigation revealed that Moove's drive-to-own model has led to financial distress for drivers, raising concerns about its sustainability.
The narratives presented by Condia reveal a complex interplay of innovation and challenges within Africa's tech ecosystem. While there are promising developments, such as the growth of cross-border fintech and the ANAVA fund's impact, the struggles faced by startups like Moove and Medsaf highlight the need for sustainable business models and better governance practices. Continued scrutiny and support for these emerging markets will be crucial in shaping their future.
