African startups raised $1.2 billion in H1 2025 as funding rebounds
- African startups raised $1.213 billion across 88 publicly disclosed deals in H1 2025, an 86% increase from H1 2024.
- Fintech regained dominance, raising $500.2 million, while cleantech raised $218.5 million in the same period.
- South Africa led funding with $345.1 million, followed by Egypt with $283.5 million and Senegal with $147 million.
The significant increase in funding for African startups indicates a robust recovery and growing investor confidence in the continent's tech ecosystem. However, it is crucial for stakeholders to focus on sustainable growth and innovation to ensure that this momentum continues, especially in markets like Nigeria and Kenya, which are currently facing challenges.
