40 African startups raised $289m in January 2025
- 40 startups raised $289 million in January 2025, a 240% increase from January 2024.
- Equity deals made up 90% of the total investment, amounting to $262 million.
- January 2025 was the second-best January for equity fundraising since 2019.
The significant increase in funding for African startups in January 2025 is a promising sign for the continent's entrepreneurial landscape. However, it is crucial to address the decrease in the number of deals compared to previous years, as this could indicate potential challenges in attracting smaller investments. Continued focus on sectors like fintech and cleantech will be essential for sustaining this growth trajectory.
