Data from Africa: The Big Deal shows that momentum from late-2024, when Moniepoint and Tyme reached billion-dollar valuations, failed to carry into the following year. Instead, 2025 became one of the quietest years for Africa's top-valued private tech companies since 2020.
Late-stage funding dries u b African unicorns raised only about 100 million in equity funding in 2025, driven largely by the completion of Moniepoint's Series C round. When debt financing is included, notably from Wave and MNT-Halan, total capital raised reached roughly 358 million, still a multi-year low.
Late-stage funding dries u b African unicorns raised only about 100 million in equity funding in 2025, driven largely by the completion of Moniepoint's Series C round. When debt financing is included, notably from Wave and MNT-Halan, total capital raised reached roughly 358 million, still a multi-year low.
