African Startup Funding Held Up in 2025 Despite Tighter Conditions

*Bloomberg spoke with Alitheia Capital’s Tokunboh Ishmael about investor sentiment on the ground.*

Investment into African startups resisted the broader pullback in venture capital last year. Funding conditions tightened, yet capital continued to reach companies across the continent.

Bloomberg Technology’s Jennifer Zabasajja interviewed Tokunboh Ishmael of Alitheia Capital for perspective from local investors. The discussion focused on what remained active in a more selective market.

Why it matters

For founders and operators in Africa, the signal is straightforward: capital did not disappear, but investors grew more selective. The same pattern now shapes term sheets and diligence timelines.

---

Sources:

• Bloomberg Technology

{
  "excerpt": "Investment into African startups held steady in 2025 even as global funding conditions tightened.",
  "suggestedSection": "business",
  "suggestedTags": ["venture-capital", "africa"],
  "imagePrompt": "Abstract wooden blocks arranged across a textured map outline, some blocks casting longer shadows than others. Muted color palette, cinematic lighting, 16:9"
}