Agritech funding in Africa drops to $168 million in 2025 as investor interest shifts
- Seyi Alabi pitched for seed funding for Crop2Cash in 2025 but felt disadvantaged due to the sector's declining investor interest.
- Agritech funding in Africa dropped to $168.1 million in 2025 from $206.9 million in 2024, with deal volume also decreasing.
- The fintech sector continued to dominate venture capital, capturing 40% of the total funding in 2025.
The decline in agritech funding signals a troubling trend for the agricultural sector, which is vital for food security and economic stability. Investors' preference for quicker returns over long-term agricultural investments may hinder innovation and growth in agritech, potentially exacerbating food insecurity in the region. A reevaluation of investment strategies that consider the unique challenges of agritech could be essential for fostering sustainable growth.
