African startups kicked off 2025 with a remarkable fundraising performance, securing a total of $289 million in January through several deals worth $100,000 and above.
This figure represents a staggering 240% increase compared to the $85 million raised in January 2024, making it the second-best January for startup funding since at least 2019, trailing only behind January 2022 during the peak of the funding boom.
The latest data from Africa: The Big Deal reveals that equity financing dominated the fundraising landscape, accounting for over 90% of the total amount raised ($262 million).
Read more at Nairametrics
This figure represents a staggering 240% increase compared to the $85 million raised in January 2024, making it the second-best January for startup funding since at least 2019, trailing only behind January 2022 during the peak of the funding boom.
The latest data from Africa: The Big Deal reveals that equity financing dominated the fundraising landscape, accounting for over 90% of the total amount raised ($262 million).
Read more at Nairametrics