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Nairametrics
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Meet the 10 African startup CEOs who raised over $1.6 billion in 2025    

Rosalia Ozibo by Rosalia Ozibo
February 4, 2026
in Metrics, People, Profiles, Rankings, Sectors, Tech News
Meet the 10 African startup CEOs who raised over $1.6 billion in 2025    
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African entrepreneurs are turning everyday problems into billion-dollar opportunities, and investors from around the world are taking notice.

In 2025, African startups raised an estimated $3.93 billion in disclosed funding across 551 companies.

10 startups accounted for $1.66 billion, over 42% of the total capital raised highlighting how a small group of founders is shaping the continent’s investment landscape.

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Growth, however, does not come without friction. Entrepreneurs navigate a maze of regulatory hurdles, inconsistent infrastructure, and limited local funding.

Despite these challenges, African startups have shown remarkable resilience, often leapfrogging older technologies to deliver solutions uniquely suited to local realities.

From fintech and health tech to logistics and energy, these founders orchestrated the deals that captured global attention. Their leadership went beyond raising funds, they built strong teams, executed strategic growth plans, and positioned their startups to scale across the continent.

In this article, Nairametrics looks at the CEOs who’s vision, resilience dominated funding volumes, driving $1.66 billion in investment and shaping Africa’s startup story in 2025. Africa’s era of startup innovation in 2025

Here are the top 10 African startup founders by funds raised in 2025 
Jump to section

6. Mounir Nakhla – Founder/CEO MNT‑Halan ($121.4 Million) 

  • 10. Tosin Eniolorunda -Founder/CEO Moniepoint– $100 million
  • 9. Nic Klopper- Founder/CEO LXE Hearing ($100 Million)
  • 8. Kaushik Burman- CEO Spiro ($100 Million)
  • 7. Chief Diana Chen—Chairman Lagride ($100 Million)
  • 6. Mounir Nakhla – Founder/CEO MNT‑Halan ($121.4 Million) 
  • 5. Drew Durbin- Founder/CEO Wave Mobile Money ($137 Million) 
  • 4. Jesse Moore- Founder/CEO M-Kopa ($166 Million) 
  • 3. Patrick Walsh- CEO Sun King (Greenlight Planet) $196 Million 
  • 2. Nedjip Tozun- CEO d.light ($300 Million) 
  • 1. Salvador Anglada: Founder/CEO Optasia ($345 Million) 

Mounir Nakhla is the founder and Chief Executive Officer of MNT‑Halan, the Cairo‑based fintech platform transforming digital finance and consumer lending in Egypt and beyond.

Nakhla has steered Halan into rapid growth since its launch, making it one of the region’s fastest‑growing financial and tech apps.

Halan started as a ride‑hailing and on‑demand logistics app that offered tuk-tuk and motorcycle services.

Since its debut in November 2017, the platform gained more than 1 million downloads and facilitated over 10 million rides, establishing early traction in a competitive mobility market.

Nakhla holds a Master of Science in Environment and Development from the London School of Economics and a Bachelor of Science in International Business Studies from the European Business School.

Earlier in his career, he was managing partner at Environmental Quality International (EQI), where he helped develop Egypt’s leading microfinance consultancy with subsidiaries in sustainable tourism and loan‑tracking software.

Before Halan, Nakhla built Tasaheel, now Egypt’s second‑largest microfinance company. Launched in 2015, Tasaheel grew quickly, opening more than 200 licensed branches, employing over 6,000 people, and serving more than 500,000 active borrowers in under four years.

In 2025, MNT‑Halan tapped local capital markets to fund its lending and consumer finance expansion through bond issuances.

The company raised EGP 2.5 billion (about $50 million) in corporate bonds in May 2025, marking one of Egypt’s largest fintech debt deals and opening a strategic non‑equity funding channel.

Later in October 2025, MNT‑Halan raised an additional EGP 3.4 billion (about $71.4 million) through a securitised bond issuance.

Jump to section

6. Mounir Nakhla – Founder/CEO MNT‑Halan ($121.4 Million) 

  • 10. Tosin Eniolorunda -Founder/CEO Moniepoint– $100 million
  • 9. Nic Klopper- Founder/CEO LXE Hearing ($100 Million)
  • 8. Kaushik Burman- CEO Spiro ($100 Million)
  • 7. Chief Diana Chen—Chairman Lagride ($100 Million)
  • 6. Mounir Nakhla – Founder/CEO MNT‑Halan ($121.4 Million) 
  • 5. Drew Durbin- Founder/CEO Wave Mobile Money ($137 Million) 
  • 4. Jesse Moore- Founder/CEO M-Kopa ($166 Million) 
  • 3. Patrick Walsh- CEO Sun King (Greenlight Planet) $196 Million 
  • 2. Nedjip Tozun- CEO d.light ($300 Million) 
  • 1. Salvador Anglada: Founder/CEO Optasia ($345 Million) 
Page 6 of 10
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Rosalia Ozibo

Rosalia Ozibo

Rosalia is a versatile journalist with a focus on technology and education. She has a talent for turning complex ideas into engaging stories, exploring how innovation and learning shape the future of people, business, and society. From tracking shifts in digital transformation and emerging tech to writing about developments in education policy and practice, her work bridges insight and accessibility.

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