Africa's Startup Scene Stabilizes As Big Rounds Drive October's Usd 365 M Total

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africas startup scene stabilizes as big rounds drive octobers usd 365 m total

Africa's startup funding scene maintained its measured rebound in October 2025, continuing the steady rhythm that has defined much of the year.

Across the continent, disclosed funding totaled roughly USD 364.9 M across 31 deals , a year-on-year increase from USD 217 M in October 2024 and a sharp rise from USD 76.6 M in 2023, according to the WT dataset.

That's more than double September's USD 163.4 M , with deal volume holding steady. The data signals a market that's no longer chasing quantity but still finding occasions for very large checks.

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