Nigeria: Kenyan Startups Raise Sh126bn in 2025, Outpace Egypt and Nigeria

Nairobi — Kenyan startups raised Sh126 billion ($984 million) in 2025, outpacing major African markets including Egypt, South Africa and Nigeria.

Data compiled by Africa: The Big Deal, a US-based newsletter that tracks startup funding across the continent, shows that capital raised in Kenya accounted for nearly a third of total startup funding in Africa last year.

“Funding in the country grew by 52 percent year-on-year. Debt funding amounted to $582 million, representing 60 percent of the total…