According to Africa: The Big Deal, which tracks investments of $100,000 and above, startups raised $119 million in February 2025, despite a slight decline in the number of deals compared to previous years
October 2024 marked a significant milestone for African startups, amassing $254 million in funding, fueled primarily by a record-setting Series C round from Nigerian fintech giant, Moniepoint
Innovate Africa Fund, an angel investment fund dedicated to bolstering early-stage African startups, has announced the launch of an initial $2.5 million fund.