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    African VCs Still Flush With Cash? The 2025 Dry Powder Update

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    Access to funding remains the cornerstone for scaling startups in Africa. As 2025 sets in, identifying the right startup funds has become more critical than ever, especially in a landscape where many traditional investors focused on Africa have exhausted their resources. A new wave of investment funds is emerging across the continent, providing startups with the vital capital needed to propel groundbreaking innovations in sectors like health tech, renewable energy, and more. From Burkina Faso to South Africa, these funds bring together local and international capital, poised to fuel Africa’s next generation of industry leaders. If you run a venture focused on Africa, here’s a comprehensive list of the most recent startup funds to help transform bold ideas into thriving enterprises in 2025.

    No.Fund NameTotal Fund SizeInvestment RangeFocusLocation
    1Sinergi BurkinaUndisclosedUp to $300,000Burkina FasoAvenue Bila Charles KABORE 01 BP 595, Ouagadougou 01, Burkina Faso.
    Contact Persons:
    2Teranga CapitalUndisclosedUp to $400,000SenegalEn Face Siège PDS, Villa No. 23, VDN, N° 1, Dakar, Senegal
    3Edge Growth Ventures$2.1 millionUndisclosedGrowth Stage, South Africa1st Floor, Block B, 10th Road, Hyde Park, Johannesburg, Gauteng
    4Acumen$200 millionUp to $2 millionAfrica, RenewablesAfrica-wide
    5Endeavor South Africa$10.8 millionUndisclosedSouth Africa, Africa2 Main Building, 7 Quince St, Milpark, 2092, South Africa
    6BpifranceUndisclosedUndisclosedFrancophone West Africa, Egypt27/31, avenue du Général Leclerc, Maisons-Alfort, France
    7Cathay Africinvest Innovation Fund€110M
    €1–10M for growth-stage and up to €1M for select seed-stage tickets

    Fintech, Mobility, HealthTech, EdTech, AI, Digital Content and AgTech.

    Contact Persons:
    Khaled Ben Jilani; Brahim El Jai; Omar Bekkali; Lavanya Anand; investor-relations@africinvest.com 
    8Foundation Ventures$25 millionUndisclosedEgypt. Africa. Early stage24 Talaat Harb; Cinema Radio Building, Downtown; Cairo Egypt

    Contact Persons:
    Mazen Nadim; Omar Barakat; Ziyad Hamdy

    Access the full dataset HERE.

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