A healthtech company that recently raised $100 million through a merger with Eargo, marking a significant deal in the African startup ecosystem.
Nigeria lags behind in startup funding after four-year dominance
African startups raised about $2.8 billion in funding by August 2025. Kenya raised $879 million and South Africa $848 million, surpassing Nigeria's $186 million.
Africa’s startup funding rebounds in April 2025, South Africa and Egypt lead
Africa's startup funding rose to $343 million in April 2025, a significant increase from $50 million in March. Year-to-date funding reached $803 million across 163 deals, a 43% increase compared to the same period in 2024.
