Before the VCs arrive, FirstFounders wants African AI startups built to last
FirstFounders was launched in 2020 to help founders turn ideas into scalable businesses. The firm identifies a lack of operational support and capital access as key challenges for African startups.
Africa’s gender funding gap persists; women founders still get just 1 in 10 dollars
In 2025, Africa's tech funding topped $2 billion for over 500 deals. Male-led startups received 75% of the total funding, while women-led startups received only 10%.
77% of African Angel Investors Allocate Under $25K to Startups, Survey Reveals
77% of angel investors in Africa allocated less than $25,000 to startups between 2022 and 2024. Increase in investors committing amounts ranging from $50,001 to $250,000.
77% of African angel investors limit deals to $25,000, ABAN finds
77% of African angel investors invested less than $25,000 in startups between 2022 and 2024. The share of angel investors committing between $50,001 and $250,000 is growing steadily.
