Story perspectives
March Sees 82.7% Drop in African Startup Funding
4/3/2025
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Story summary
- African startups raised $50 million in March 2025, marking an 82.7% decline from January's $289 million.
- Female-founded startups received only 2% of total funding, reflecting persistent gender biases.
- Geopolitical tensions and decreased international aid played a role in the funding downturn.
- Despite these challenges, Q1 2025 saw nearly 52 startups secure over $1 million, suggesting recovery potential.
