The African Software as a Service SaaS ecosystem continues to gain momentum as startups develop scalable, cloud-based solutions across fintech, logistics, healthtech and enterprise productivity. This expansion is being driven by a growing number of venture capital firms that are actively funding the next generation of software companies across the continent.
According to the latest data compiled by Shizune.co, the ranking of the top 50 venture capital funds investing in SaaS startups in Africa reflects the number of publicly disclosed SaaS-related investments made by each firm as of September 2025. The list is updated monthly to capture the continent's dynamic investment landscape.
LoftyInc Capital, Launch Africa, and Ventures Platform remain the three most active SaaS investors in Africa, consistently backing early-stage software companies that are shaping digital transformation. Microtraction and 54 Collective continue to play a pivotal role in nurturing founders across Nigeria, Kenya and Ghana, providing capital and mentorship to promising startups.