An organization that reported on the significant growth of debt financing in Africa's startup ecosystem.
Venture Debt Hits Record High, Surpassing Equity Investment in Africa’s Startup Scene
Venture debt has outpaced equity investment in Africa's startup ecosystem for the first time in 2025. Startups raised $1.6 billion in debt financing between January and September 2025.
African VCs and startups are eyeing the Middle East for new capital, but there’s a catch
African startup funding has declined by over 50% compared to the previous year. The UAE has become a significant source of foreign capital for African startups, contributing 4% in 2022.
