Africa

Africa’s 10 biggest startup fundraises of 2025: A year defined by debt deals and cleantech momentum

Africa’s startup ecosystem staged one of its strongest years yet, crossing $2.8 billion in funding by August 2025 and delivering a wave of debt-driven megadeals across cleantech, fintech, mobility and proptech. The continent’s ten largest raises show how investors are backing companies with proven cash flows and disciplined growth models, marking a decisive shift toward structured financing and large-scale infrastructure plays.