Nigeria ranks fourth, as South Africa leads Africa’s startup funding in H1 2025 with $344 million, its best half-year since 2023, overtaking Egypt and Kenya, according to a report.
The data, compiled by Africa: The Big Deal, represents 24 percent of the $1.4 billion raised in the six months.
It said South Africa not only led in total funding raised but also hosted the highest number of start-ups raising at least $1 million (26 deals).