In 2025, African tech startups raised over 33 billion in capital, 33 percent higher than the previous year and much higher than the losses of 35 percent and 25 percent in 2023 and 2024. This strong performance suggests investors are confident in the ongoing development of the region’s tech ecosystem.
Exit activity also increased significantly this year. The $23 million acquisition of Walletdoc and the first two IPOs in over six years show that African startups are becoming more mature and able to attract international investment. In November 2021, 32 ventures raised a total of 162 million, with 79 percent coming from equity. Sixteen ventures received over a million dollars, showing strong investor interest in high-potential African tech projects.
Big IPOs add to this momentum. South African fintech Optasia raised 345 million on the Johannesburg Stock Exchange, valuing the company at 1.4 billion. Moroccan fintech Cash Plus raised $82.5 million in its IPO at the Casablanca Stock Exchange, with a valuation of 550 million. These listings are milestones, as they are the first major IPOs on the continent since before the pandemic.
Africa’s startup scene is diverse, with fintech, healthtech, and e-commerce among the fastest-growing sectors. With new funding and more successful exits, the region is likely to attract even more entrepreneurs and investors. The sector has not only recovered to its previous level but is now stronger than before the pandemic, showing that technology in Africa is resilient and has long-term promise.
