After a buzzing month of July, August has been pretty quiet so far in terms of start-up funding announcements on the continent.
Africa: The Big Deal report, enough has already been raised to cross the $2 billion mark in start-up funding in Africa (exc. exits). This is a good performance in itself, and means the continent is well on track to raise more in 2025 than it did in 2024 (with less than $250m to go).
But it is also very encouraging if we compare to previous years, as August was also the month we celebrated the $2 billion milestone in 2021 and 2023.
