Africa
just pulled in $343 million in start–up funding in April 2025 up 62%
from March.
The tech
winter? It’s melting. Investors are back, and they’re going all in on fintech,
AI, green logistics, and digital infrastructure.
If you’re
serious about spotting the next unicorn before the IPO headlines, here are 7
African start–ups that
just bagged capital and momentum and deserve your radar.
1. Vesti (Nigeria – Fintech Migration Solutions)
Funding:
$2M Seed
Why It’s Hot: Vesti builds tools that help Africans plan cross-border migration
with legal, financial, and documentation tools.
Juggernut’s Take:
The next-gen Paystack but for immigrants. Borderless fintech is ripe.
2. Ampersand (Rwanda – Electric Mobility)
Funding:
$19.5M Series B
Why It’s Hot: Africa’s Tesla for two-wheelers. Ampersand electrifies motorbike
taxis with swappable batteries.
Juggernut’s Take:
Climate finance meets African transport hustle. Clean, scalable, and political
proof.
3. Sabi (Nigeria – B2B Marketplace)
Funding:
$38M Series C
Why It’s Hot: Connects informal retailers to suppliers via mobile. Think
“Amazon for kiosks.”
Juggernut’s Take: If
Nigeria’s informal economy had a stock exchange, Sabi would be blue chip.
4. Credable (Kenya – Embedded Credit)
Funding:
$5M Seed
Why It’s Hot: Offers “credit-in-a-box” for banks, telecoms, and digital
platforms.
Juggernut’s Take:
Infrastructure fintech is the new gold rush this is AWS for digital lending.
5. AltSchool Africa (Nigeria – EdTech)
Funding:
$3.5M Pre-Series A
Why It’s Hot: Training Africans for global remote tech jobs no degree required.
Juggernut’s Take:
The talent export play. Nigeria’s coding class is its new crude oil.
6. Lami (Kenya – Insurtech API)
Funding:
$5.5M Bridge Round
Why It’s Hot: API-based insurance products for banks, e-commerce and mobility
start–ups.
Juggernut’s Take:
Insurance is Africa’s next fintech. Lami builds the pipes.
7. mPharma (Ghana – HealthTech)
Funding:
$35M Series D
Why It’s Hot: Streamlines drug supply chains and operates tech-enabled
pharmacies across 10+ countries.
Juggernut Take: Pharma + last-mile tech = Africa’s next cross-border IPO.
Financial Juggernut Insight:
African
Start–ups Are
Back in the Bag
$343
million isn’t just a number. It’s capital confidence. Investors are betting
that:
- African problems = global
solutions - Local scale = foreign exits
- Informal markets =
billion-dollar infrastructure gaps
If you’re
not tracking these start–ups now, you’ll be reading about
them later in someone else’s portfolio update.
