
Schroders Capital and BlueOrchard Invest $5 Million in African Infrastructure Fund
Schroders Capital and BlueOrchard have committed $5 million to the African Infrastructure Investment Fund 4 (AIIF4) through their Green Earth Impact Fund (GEIF).
Startups across Africa raised over $1.4 billion in the first half of 2025, according to the latest Africa: The Big Deal report.
This marks a +78% increase compared to H1 2024, when just $800 million was raised, and represents a strong comeback from the funding slowdown seen in 2023 and early 2024.
With $365 million raised in June alone—the strongest monthly performance in almost a year—the continent’s startup ecosystem is not just rebounding but gaining renewed momentum.
Monthly fundraising crossed the $250M mark four times in H1, and the average monthly funding rose to $237M, significantly higher than 2024’s average of $187M and H1 2024’s $133M.
The year started off on a strong note, with African startups surpassing the $1 billion mark by the end of May—seven weeks ahead of the same milestone in 2024.
This makes 2025 the earliest $1B year since 2021, reinforcing the notion that Africa’s startup ecosystem is entering a new cycle of recovery and resilience.
More than 20 African countries recorded deals above $100K between January and June, indicating a broader distribution of capital across the continent, not just in the usual hotspots like Nigeria, Kenya, Egypt, and South Africa.
Deals over $100K were recorded in 20+ countries, showing wider capital distribution across the continent.
Key Insights:
Six of the top 7 deals in May were from Egypt, highlighting its dominance this year.
On the equity side, startups raised $950 million in H1 2025—up 79% YoY, although slightly below H2 2024’s $1.02B (-7%).
However, debt funding stole the spotlight in June, contributing a whopping $227 million, including $137 million for Wave alone.
This pushed the total H1 debt funding to $400 million, a 55% increase from H1 2024 and nearly matching H2 2024’s performance.
This resurgence in debt brings non-dilutive capital back into focus for African startups, suggesting growing lender confidence and increasing maturity in venture debt markets.
P.S: While March 2025 saw a temporary dip in deal flow ($50M total), the sharp rebound in April ($343M) and continued strength in May ($254M) suggest that the lull was an anomaly, not a trend.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
Schroders Capital and BlueOrchard have committed $5 million to the African Infrastructure Investment Fund 4 (AIIF4) through their Green Earth Impact Fund (GEIF).
TowerCo of Africa Tanzania (TOA Tanzania), a telecommunications infrastructure provider, has signed a $30 million financing agreement with British International Investment (BII) to bolster its network across the country.
Nigerian identity verification platform Youverify has secured $2.5 million in pre-Series A funding.
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