GJO & Partners

Insights: the African funding market

Every page is computed from the funding deals recorded by our news monitoring (specialised media, press releases), reviewed before integration and updated continuously.

deals recorded
1072
deals recorded
over 12 months
332
over 12 months
median disclosed ticket
8.6 M$
median disclosed ticket

Figure 1 · Breakdown by sector

Energy and Fintech account for 33% of recorded deals

Energy18 %
Fintech15 %
Agribusiness14 %
Financial services13 %
SaaS6 %
Manufacturing6 %

Source: 1072 funding deals recorded by Invest Matching's news monitoring (specialised media, press releases), reviewed before integration.

Figure 2 · Deals per year

Activity is rising: 332 deals over 12 months, against 230 the year before

202147
202278
202353
2024221
2025227
2026 (ongoing)301

Source: 1072 funding deals recorded by Invest Matching's news monitoring (specialised media, press releases), reviewed before integration.

Figure 3 · Funded stages

Growth leads, with 34% of deals

Growth34 %
Seed15 %
Debt15 %
Pre-Seed8 %
Series A4 %
Series B2 %

Source: 1072 funding deals recorded by Invest Matching's news monitoring (specialised media, press releases), reviewed before integration.

In brief

  • 1072 funding deals recorded (Africa) since 2001, involving 923 companies and 645 identified investors. 332 of them over the last 12 months (230 the previous year).
  • Median disclosed ticket: 8.6 M$; half of the deals fall between 2.3 M$ and 40 M$ (625 amounts disclosed out of 1072, 64.4 bn $ in total).
  • Where the money goes: Energy (18 %), Fintech (15 %), Agribusiness (14 %).
  • Most frequent stage: Growth (34 %); most used instrument: Equity (55 %).
  • Most active investors: IFC (International Finance Corporation) (63), Investisseurs & Partenaires (I&P) (60), Helios Investment Partners (32).
  • 31 % of deals are syndicated (at least two investors around the table).
Predictions: the segments where funding is most likely within 6 months, and the funds that will invest thereMembers only

The best-documented country × sector segments

Nigeria accounts for the most recorded deals

Energy leads recorded deals