Startups across Africa secured a total of $254 million in May 2025, marking a slight decline from April but a better performance compared to March.
While the May figure does not break records, it pushes Africa’s year-to-date total to over $1 billion, up 40% compared to the $750 million raised in the same period last year, according to data from Africa: The Big Deal.
More significantly, the report indicates that African startups have now raised $2.5 billion over the past 12 months (June 2024 to May 2025), the highest rolling 12-month total since early last year.
Read more at Nairametrics
While the May figure does not break records, it pushes Africa’s year-to-date total to over $1 billion, up 40% compared to the $750 million raised in the same period last year, according to data from Africa: The Big Deal.
More significantly, the report indicates that African startups have now raised $2.5 billion over the past 12 months (June 2024 to May 2025), the highest rolling 12-month total since early last year.
Read more at Nairametrics