Benchmarks + Coverage
Africa-wide funding benchmarks are shown separately from African Tech Map internal stage, raising, and structured funding-round coverage.
2025 Africa Funding
$4.1B
external Partech benchmark
Structured Rounds
0
ATM funding-round records
Stage Coverage
58%
908 companies with stage
Currently Raising
0
ATM company signal
This page no longer treats stage data as deal activity
External funding trend for Africa tech; source period and publisher are always visible.
Sector totals from the Africa-wide market benchmark; arrows show 2022→2025 funding direction.
Fintech
37% of total funding · -12% YoY
Cleantech
Capital-intensive second pillar · +99% YoY
E-commerce
VCs, accelerators, and PE funds with active African tech portfolios. Curated from Partech Africa 2025 and Briter Bridges.
Partech Africa
Paris / Dakar
TLcom Capital
London / Nairobi
Field completeness for investment-related data in the ATM dataset.
Stage labels
908 / 1,578 records
Funding disclosure text
23 / 1,578 records
This is maturity-label density by country, not funding activity by country.
| Country | Seed | Growth | Scale | Exit | Early | Enterprise | Total |
|---|---|---|---|---|---|---|---|
| 🇲🇬 Madagascar | 15 | 17 | 0 | 0 | 0 | 0 | 32 |
No active raising records are currently public
🇿🇦 South Africa
32%
Briter 2025 funding share
🇰🇪 Kenya
29%
Briter 2025 funding share
🇪🇬 Egypt
15%
Briter 2025 funding share
🇳🇬 Nigeria
8%
Briter 2025 funding share
Based on 908 companies with stage labels; coverage is 58%.
Second-tier resurgence · +74% YoY
Enterprise Software
Productivity infrastructure · +74% YoY
Healthtech
First year above $200M since boom cycle · +232% YoY
Typical investment ranges observed in African deals, 2024–2025. For context; actual deals vary widely.
| Stage | Typical Range |
|---|---|
Pre-seed $150K avg | $50K–$500K |
Seed $1.2M avg | $500K–$3M |
Series A $7M avg | $3M–$15M |
Series B $22M avg | $10M–$50M |
Series C+ $80M avg | $50M–$150M |
Growth / PE $250M+ avg | $100M+ |
Novastar Ventures
Nairobi / Lagos
4DX Ventures
San Francisco
Ventures Platform
Lagos
Helios Investment Partners
London
Catalyst Fund
Boston / Nairobi
Orange Ventures
Paris
Quona Capital
Washington DC
FirstCheck Africa
Lagos
Lateral Capital
Lagos
Development Partners International
London
Founders Factory Africa
Johannesburg
GSMA Ecosystem Accelerator
London
Kepple Africa Ventures
Tokyo / Lagos
Structured funding rounds
0 / 1,578 records
Verification notes
1,578 / 1,578 records
Funding text coverage is building; structured round coverage is building.
| 18 |
| 11 |
| 0 |
| 0 |
| 0 |
| 0 |
| 29 |
| 🇲🇼 Malawi | 17 | 12 | 0 | 0 | 0 | 0 | 29 |
| 🇧🇯 Benin | 12 | 17 | 0 | 0 | 0 | 0 | 29 |
| 🇨🇩 Democratic Republic of the Congo | 10 | 18 | 0 | 0 | 0 | 0 | 28 |
| 🇬🇲 Gambia | 17 | 11 | 0 | 0 | 0 | 0 | 28 |
| 🇱🇾 Libya | 9 | 12 | 7 | 0 | 0 | 0 | 28 |
| 🇦🇴 Angola | 8 | 19 | 0 | 0 | 0 | 0 | 27 |
| 🇧🇫 Burkina Faso | 12 | 15 | 0 | 0 | 0 | 0 | 27 |
| 🇳🇪 Niger | 8 | 17 | 0 | 0 | 0 | 0 | 25 |