As Q1 2025 ends, investor sentiment in African tech can be described as cautiously resilient. There is recognition that Africa’s long-term growth drivers – a young population, increasing digitalization, underserved markets – remain intact, and perhaps even strengthened by the lessons of the past year. However, after the exuberance of 2021 and the shocks of…

Africa is showing signs of cautious optimism, with inflation falling across many countries. Disinflation is evident in economies like Ghana (21%), Kenya (~4%), South Africa (under 3%), and Egypt (from over 30% to low teens). This has allowed central banks to begin easing monetary policy, creating more growth-friendly conditions in 2025 compared to previous years.…

As Q1 2025 ends, investor sentiment in African tech can be described as cautiously resilient. There is recognition that Africa’s long-term growth drivers – a young population, increasing digitalization, underserved markets – remain intact, and perhaps even strengthened by the lessons of the past year. However, after the exuberance of 2021 and the shocks of…

There is a clear sense of renewed optimism among venture investors in Africa. The strong start to 2025 – with African VC funding up ~240% year-on-year in January​ and continuing robustly in February – suggests that many investors who paused in 2023 are back in the market. Global venture trends also show signs of recovery,…

GDP growth remains steady in all five markets in 2025. We are seeing rising inflation in Nigeria and Kenya in the past two months but it is cooling in the other markets. All markets maintained their MPC rates in January. Unemployment rate is rising in Kenya and Egypt but dropping in Morocco and Nigeria as…

Save for Kenya, GDP growth remained positive in the other four markets. Except forEgypt, all other markets recorded rising inflation.  Kenya and Morocco lowered their MPC rates in December while the rest maintained their rates. Morocco continues to have the highest unemployment rate while Ghana has the lowest. December recorded the lowest amount of…