African startups raised an impressive $365 million in June 2025—their best monthly haul in nearly a year. The sum pushed total funding for the first half of the year to $1.35 billion, a 78% jump from the same period in 2024. Perhaps more telling is the fact that, in four of the past six months, African startups raised over $250 million. This suggests that the continent’s momentum is not a fluke. Based on this development, analysts say investor confidence is gradually returning to African tech, although Nigeria’s slow performance signals regional imbalances. June’s performance is not entirely positive, however, as it also saw a massive spike in debt funding, which totaled $227 million. In total, debt for H1 reached $400 million, nearly matching H2 2024.
Nairametrics
