Egyptian start-ups are leading Africa's investment scene in 2025, attracting a staggering $330 million 31% of the continent's total funding so far, according to Africa: The Big Deal. South Africa follows with 26%, Nigeria 15%, and Kenya 12%.
In May alone, African start-ups secured $254 million, pushing the year-to-date total to over $1 billion, a 40% jump from the same period in 2024. Over the past 12 months, $2.5 billion was raised the highest 12-month total since early 2023.
Egypt dominated May's mega deals, with six out of seven funding rounds above $10 million. Notably, Nawy raised $75 million the continent's biggest-ever proptech deal. Others include Tasaheel ($50m), Valu ($27m), Thndr, Sylndr, and Money Fellows.
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South African healthtech AURA was the sole non-Egyptian outlier, raising $15 million to expand into the US.
May also saw four notable exits three from Egypt highlighting the country's growing maturity in the start-up space.
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