A data source providing insights into tech startup funding and exits in Africa.
Did African Startups Raise $1.1B, $2.2B, or $3.2B in 2024? Why Nobody Knows (And Why That’s a Problem)
Disrupt Africa reported $1.12 billion raised by 200 startups. Africa: The Big Deal estimated $2.2 billion raised by 188 startups.
African startups are unprepared for exits
Freda Isingoma and Ariel White-Tsimikalis discussed the rarity of successful exits in Africa despite increased funding rounds. Many African startups are not built with exit-readiness in mind, leading to challenges in attracting buyers.
African Startup Funding Soars 240% in 2025, Hitting $289M in January
Funding into the African startup ecosystem surged by 240% year-on-year to reach $289 million in January 2025. Equity financing accounted for over 90% of the total funds raised, translating to $262 million.
40 African startups raised $289m in January 2025
40 startups raised $289 million in January 2025, a 240% increase from January 2024. Equity deals made up 90% of the total investment, amounting to $262 million.
Funding to African female founders hit a five-year low in 2024
Female startup founders raised $48 million in 2024, four times less than the previous year. Male startup founders raised over $2 billion in 2024.
