African startups have staged a remarkable funding comeback in 2025, crossing the $3 billion mark, after declining between 2023 and 2024. This represents a significant 33% increase from the previous year, signaling a renewed wave of investor confidence across the continent. Much of the momentum has come from major late-year deals, including Spiro’s $100 million raise and the $90 million secured by Nigerian fintech Moniepoint. Smaller rounds, such as Djamo’s $17 million in April, also contributed to the continent’s rebound. While funding remains below the 2022 peak, analysts say the double-digit growth offers a welcome boost for Africa’s tech ecosystem.
SEMAFOR
