Between January and April 2025, investments in the African tech scene have hit $803 million. This marks a 43 percent growth from the $563 million raised in the corresponding period in 2024. In April alone, startups received about $343 million in funding, indicating the second hottest April in history, just behind April 2022. According to The Big Deal, about 39 start-ups received at least $100,000 in either equity financing, grants, or debt financing in April. When combined with Q1 2025, the number grows to 163 tech ventures that have receive
Between January and April 2025, investments in the African tech scene have hit $803 million. This marks a 43 percent growth from the $563 million raised in the corresponding period in 2024. In April alone, startups received about $343 million in funding, indicating the second hottest April in history, just behind April 2022. According to The Big Deal, about 39 start-ups received at least $100,000 in either equity financing, grants, or debt financing in April. When combined with Q1 2025, the number grows to 163 tech ventures that have receive