Rethinking Startup Funding in Africa
In 2024, investment into African startups declined—driven by global interest rate hikes, inflation, and local economic challenges like currency volatility.
Yet, within this downturn, there’s movement. Certain sectors—particularly fintech—continue to attract strong funding. Startups like Moniepoint and Tyme Group are still raising significant capital.
This report explores how investor priorities are shifting: toward profitability, sustainability, and problem-solving tech. It also highlights the growing influence of local capital and the importance of business models rooted in local realities.
For investors and founders alike, the African startup scene is changing—but it’s still full of opportunity for those who adapt.
This report is your essential guide to understanding Africa’s evolving startup investment climate.
It breaks down the trends reshaping how capital flows—from shifting investor expectations to sector-by-sector performance. You’ll discover where the funding is going, what investors are prioritizing, and how founders can respond with stronger, more resilient business models.
If you’re looking to invest smarter or scale better, this is the perspective you need.
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