April 2025 just lit a fire under Africa’s startup scene. After a dry March, African ventures stormed back, raising a whopping $343 million a 586% surge compared to March’s meager $50 million.
It’s not just a bounce. It’s a statement.
The Big Picture: $803M Already Raised in 2025
April’s momentum brings total YTD funding to $803 million, a 43% jump over the same period in 2024. It’s the second-best April on record, just behind 2022’s peak.
While global tech markets tiptoe, Africa’s startups are sprinting.
Top Deals: South Africa and Egypt Dominate
hearX ($100M)
Pretoria-based healthtech startup hearX pulled off a game-changing move by merging with US-listed Eargo, injecting $100M into the local scene. It’s not just funding it’s an exit and a vote of confidence in African medtech.
Bokra ($59M)
Islamic fintech platform Bokra made headlines with a $59 million sukuk issuance, backed by Aman Holding. The funds are headed to SME financing a big win for inclusive finance in Egypt.
Stitch ($55M)
Fintech powerhouse Stitch raised $55 million from existing backers, pushing Africa’s payments infrastructure forward. If you think fintech is slowing down, think again.
39 Startups Funded But With a Twist
A total of 39 African startups secured deals over $100K in April. That’s just below the 12-month average of 44, showing selectivity, but not a slowdown. More due diligence, less froth.
And guess what? 225+ investors have participated in deals this year, the appetite is clearly back.
What This Means for Africa
- Investors are hungry again especially for post-revenue, high-impact startups
- Healthtech is heating up, not just fintech
- Cross-border deals (like hearX-Eargo) are creating global exit paths
This isn’t just a recovery it’s a reset. Smart capital is back, and the continent’s boldest innovators are stepping up.
