Two 💰 Billion 💰 Dollars
Start-ups in Africa have already raised more than $2 billion (exc. exits) in 2025
After a buzzing month of July, August has been pretty quiet so far in terms of start-up funding announcements on the continent. That said, enough has already been raised to cross the $2 billion mark in start-up funding in Africa (exc. exits). This is a good performance in itself, and means the continent is well on track to raise more in 2025 than it did in 2024 (with less than $250m to go). But it is also very encouraging if we compare to previous years, as August was also the month we celebrated the $2 billion milestone in 2021 and 2023…
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That’s it for today. This is a very short post - and we’d technically said we were taking the month of -, but we simply couldn’t resist sharing this good piece of news with you! We’ll see you in early September for a review of the August numbers, and more. If you’re not subscribed to the database yet, make sure you get the latest data as soon as it’s ready, and subscribe (with a discount) here. Hamba kahle! Max
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