Nigeria’s startup funding in 2025 was highly concentrated, with just 11 companies raising 82.9% of total capital as investors favored fintech, logistics, and energy startups with proven scale and revenue. ...
Merger and acquisition activity in African startups rose 72% in 2025 to a record 67 deals, led by fintech and driven by strategic consolidation, according to TechCabal’s SOTIA report. ...
African fintechs raised $1.4B in 2025, but just 5 companies captured 43% of the funding, highlighting extreme concentration and a struggling early-stage funding ecosystem. ...
Nigerian mobility startup MAX has secured $24 million in equity and debt funding to expand its electric vehicle fleet, battery-swapping infrastructure, and clean mobility operations across Africa. ...
Nigeria is entering an economic consolidation phase in 2026, according to NESG. Here are five key trends startups should expect—from inflation and interest rates to FX stability and investor flows. ...
African startups raised $3.2 billion in venture funding in 2025, marking a strong rebound and the continent’s best funding performance in three years, according to Africa: The Big Deal. ...
African defence startup Terra Industries secures $11.75M from top Silicon Valley investors to expand drone manufacturing, AI security systems, and infrastructure protection. ...
A Nigerian-founded defense technology startup has raised $11.75 million to deploy autonomous security systems across Africa, targeting infrastructure protection, border security, and counterterrorism. ...
Africa’s startup funding dropped 40.8% in December 2025 to $349.1 million, with over 92% flowing to just 10 startups, led by M-Kopa’s $166 million Series F round. ...
African startups raised nearly $590 million in November 2025, led by two major IPOs and energy deals, with the top 10 startups accounting for over 97% of total funding. ...