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5 Most Funded Startups in Sub-Saharan Africa in January 2025

5 Most Funded Startups in Sub-Saharan Africa in January 2025

By Nazmia Nassereddine 10 February 2025
Four professionals engage in a meeting around a wooden table in a bright, modern office with large windows and greenery.

The venture capital funding landscape in the Sub-Saharan Africa (SSA) region has reflected broader global economic headwinds and shifting investor priorities in January 2025. In a dramatic year-on-year drop, total deal value plunged more than 52% from US $128.97 million in January 2023 to just US $61.78 million in January 2024, before showing a modest recovery to US $68.95 million in January 2025. This fluctuation is attributed to an unstable macroeconomic environment characterized by slowing GDP growth, rising inflation, geopolitical tensions, and escalating climate challenges, all of which have dampened investor confidence in the region in recent years.

Meanwhile deal count witnessed an even sharper decline, decreasing by nearly 40% from 128 deals in January 2023 to 78 deals in January 2024, culminating in a pronounced 78%

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