Startup funding in Nigeria remained selective in 2025, as just 11 companies attracted nearly 83% of total investment, driven by investor focus on fintech, logistics, and energy infrastructure.
African Startup M&A Reaches All-Time High in 2025 as Deal Volume Climbs 72%
African startup mergers and acquisitions hit a record 67 deals in 2025, up 72% year-on-year, led by fintech and driven by strategic consolidation, according to TechCabal’s SOTIA report.
Top 5 African Fintechs Raised 43% of Funding in 2025, Early-Stage Startups Left Behind
African fintechs raised $1.4B in 2025, but funding was heavily concentrated among five companies, leaving early-stage startups with limited access to capital, Briter report shows.
Paystack Cuts Off Fansted: Compliance Risks Highlighted for African Startups
Paystack has permanently terminated Fansted due to a “heightened risk profile,” underscoring the importance of compliance, risk-sharing, and provider-agnostic payments for African tech startups.
Nigerian Startup MAX Raises $24m to Expand Electric Mobility and Driver Financing in Africa
Mobility startup MAX has secured $24 million in equity and debt funding to grow its electric vehicle fleet, battery-swapping infrastructure, and clean transport operations across Africa.
NESG Outlook: 5 Key Economic Signals Nigerian Startups Must Watch in 2026
Nigeria’s economy is entering a consolidation phase in 2026, NESG says. Here are five major economic trends—from inflation to FX and investment—that startups should plan for.
African Startup Funding Hits $3.2bn in 2025, Marking Strong VC Recovery
Venture capital investment in African startups climbed to $3.2 billion in 2025, the continent’s strongest performance in three years, according to Africa: The Big Deal.
Terra Industries Secures $11.75M Seed Funding to Build Defence Hardware Across Africa
Terra Industries has raised $11.75 million in a landmark seed round led by Silicon Valley investors to expand African-made defence hardware, drones, and AI-powered security systems.
African Defence Technology Startup Secures $11.75 Million to Protect Critical Infrastructure
A Nigerian-founded defense tech startup has raised $11.75 million to expand autonomous security systems across Africa, focusing on infrastructure protection, border security, and counterterrorism.
African Startup Funding Drops 41% in December 2025 as Investors Double Down on Big Deals
Startup funding in Africa fell 40.8% in December 2025 to $349.1 million, with over 92% of capital concentrated among the top 10 deals, led by M-Kopa’s $166 million round.