Story perspectives
African Startups Raise $470M: Cleantech and Fintech Surge
4/7/2025
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Story summary
- African startups secured $469.92 million in Q1 2025, marking a 27% increase from Q1 2024.
- South Africa topped investments with $120.42 million, followed by Nigeria at $78 million and Kenya at $67 million.
- Cleantech led sectors with $164.5 million, while fintech rebounded with $117.67 million.
- This trend highlights a growing investor focus on sustainability and financial innovation.
