• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Metrics

African startups raised $441.9 million in October 2025, surging 217% from September 

Research Team by Research Team
November 15, 2025
in Metrics, Rankings, Sectors, Tech News
African tech startups
Share on FacebookShare on TwitterShare on Linkedin

The African startups ecosystem recorded a major rebound in October 2025, raising a total of $441.9 million across 59 deals, compared to $139.4 million raised by 63 startups in September, a 217% month-on-month increase.

The sharp rise in funding reflects renewed investor confidence across Africa’s venture capital space, supported by mega-rounds, securitized bond issuances, and a growing tilt toward clean energy and fintech.

Although four startups did not disclose their funding amounts, the total disclosed deals highlight a strong investor appetite heading into the final quarter of the year.

MoreStories

FG to subsidise agricultural inputs by 50% as dry season farming commences 

FG targets N160 billion outputs from 80,000 farmers in 2025/2026 wheat programme 

November 15, 2025
Top 10 families behind Nigeria’s popular manufacturing companies 

Top 10 families behind Nigeria’s popular manufacturing companies 

November 15, 2025

Notably, the top 10 startups accounted for $388.6 million, representing 87.9% of total disclosed funding, compared to $112.2 million recorded by the top 10 in September.

Investor interest in October remained concentrated in fintech (17 startups), logistics (8), and agriculture (6), sectors that continue to define Africa’s innovation economy.

Geographically, Egypt (12 startups), Nigeria (8), South Africa (9), and Kenya (8) retained their dominance as Africa’s leading startup hubs, jointly attracting the bulk of venture inflows across the continent.

Jump to section

6. ValU (Egypt) – $23 million | Fintech

  • 11. Top 10 African startups in October 
  • 10. Kuunda (South Africa) – $7.5 million | Fintech
  • 9. Chari (Morocco) – $12 million | Retail
  • 8. maxwell+spark (South Africa) – $15 million | Logistics & Transport
  • 7. Mawingu (Kenya) – $20 million | Telecom, Media & Entertainment
  • 6. ValU (Egypt) – $23 million | Fintech
  • 5. Ctrack (South Africa) – $23.4 million | Logistics & Transport
  • 4. Tagaddod (Egypt) – $26.3 million | Waste Management
  • 3. MNT-Halan (Egypt) – $71.4 million | Fintech
  • 2. Moniepoint (Nigeria) – $90 million | Fintech
  • 1. Spiro (Benin) – $100 million | Logistics & Transport

 

ValU, MENA’s leading consumer finance platform, completed its 18th securitized bond issuance valued at EGP 1.09 billion ($23 million). The transaction, executed with EFG Hermes, forms part of ValU’s EGP 10 billion securitization program aimed at strengthening its retail credit portfolio and diversifying product offerings.

Jump to section

6. ValU (Egypt) – $23 million | Fintech

  • 11. Top 10 African startups in October 
  • 10. Kuunda (South Africa) – $7.5 million | Fintech
  • 9. Chari (Morocco) – $12 million | Retail
  • 8. maxwell+spark (South Africa) – $15 million | Logistics & Transport
  • 7. Mawingu (Kenya) – $20 million | Telecom, Media & Entertainment
  • 6. ValU (Egypt) – $23 million | Fintech
  • 5. Ctrack (South Africa) – $23.4 million | Logistics & Transport
  • 4. Tagaddod (Egypt) – $26.3 million | Waste Management
  • 3. MNT-Halan (Egypt) – $71.4 million | Fintech
  • 2. Moniepoint (Nigeria) – $90 million | Fintech
  • 1. Spiro (Benin) – $100 million | Logistics & Transport
Page 6 of 11
Previous 1110987654321 Next
Research Team

Research Team

The Research Team at Nairametrics meticulously monitors, gathers, curates, and administers an extensive repository of both macroeconomic and microeconomic data originating from Nigeria and across Africa. Utilizing a variety of presentation formats—including documents, tables, and charts—our analysts disseminate key findings through the Nairametrics platform. Additionally, we regularly release insightful, research-driven articles that offer in-depth analyses of economic trends and indicators.

Related Posts

CGT: How Nigeria compares with other African countries 
Economy

Wale Edun reacts to S&P rating on Nigeria, vows to strengthen economy 

November 15, 2025
Nigeria’s Capital Gains Tax risks stalling growth
Business News

FIRS Chairman urges project selection based on economic returns to boost revenue 

November 15, 2025
CBN, forex
Equities

CBN takes full control of government’s securities issuances 

November 15, 2025
FG to subsidise agricultural inputs by 50% as dry season farming commences 
Agriculture

FG targets N160 billion outputs from 80,000 farmers in 2025/2026 wheat programme 

November 15, 2025
Top 10 families behind Nigeria’s popular manufacturing companies 
Exclusives

Top 10 families behind Nigeria’s popular manufacturing companies 

November 15, 2025
MONICA
Companies

Live BTC to NGN converter – Check today’s bitcoin to Naira rate on Monica Cash 

November 15, 2025
Next Post
Ellah Lakes Plc launches N235 billion equity raise to accelerate growth and drive expansion 

Ellah Lakes Plc launches N235 billion equity raise to accelerate growth and drive expansion 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

tajbank
arco
access bank
nairametrics
first bank






DUNS

Recent News

  • Wale Edun reacts to S&P rating on Nigeria, vows to strengthen economy 
  • FIRS Chairman urges project selection based on economic returns to boost revenue 
  • CBN takes full control of government’s securities issuances 

Follow us on social media:

Recent News

CGT: How Nigeria compares with other African countries 

Wale Edun reacts to S&P rating on Nigeria, vows to strengthen economy 

November 15, 2025
Nigeria’s Capital Gains Tax risks stalling growth

FIRS Chairman urges project selection based on economic returns to boost revenue 

November 15, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics