Africa's angel investors deployed $4.4 million in 2025 but a pre-seed funding crisis is leaving the continent's earliest-stage startups behind
Billionaires Africa | 04.05.2026 19:44
Africa's startup ecosystem raised approximately $3.8 billion in 2025, outpacing Europe, Latin America and Southeast Asia in year-on-year growth. Eight deals closed above $100 million. But a new report from the African Business Angel Network makes clear that beneath the headline numbers, the part of the funding ladder that determines whether most startups ever get off the ground is quietly breaking down.
