Startups in Nigeria, South Africa, Kenya, Egypt and other parts of the region raised $3.2 billion in 2025, more than in 2024, 2023 combined. New data from Africa: The Big Deal, released yesterday, showed that startup investment grew 40 per cent year-over-year (YoY) compared to 2024. The growth also came after two consecutive years of decline, with startup investment dropping 25 per cent YoY in 2024 ($2.2 billion) and declining 35 per cent YoY in 2023 ($3 billion). Specifically, Kenya got the highest fund of $984 million (32 per cent); Egypt, $614 million (20 per cent); South Africa, $599 million (19 per cent) and Nigeria, $343 million (11 per cent). Related NewsOthers, such as Senegal got $157 million; Benin, $100 million; Morocco, $58 million; Ghana, $55 million; Tunisia, $37 million,among others.

Source: The Guardian January 15, 2026 04:17 UTC