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TechCabal Insights

We provide actionable data and research on innovation, technology and digital economy in Africa 's intelligence arm.

17/10/2025

Africa's tech ecosystem is building momentum, and the numbers prove it.

From the Moonshot by TechCabal roundtable stage yesterday, our analyst unpacked the key trends from our Africa Investor Guide.

Joseph's presentation showed investor confidence is back. Global capital from North America, Europe, and Asia is flowing in. As of Q3, funding in 2025 has already surpassed the entire 2024 total. From established Tier-1 hubs to Tier-2 &3 markets, a new chapter of growth is underway. His message was clear: for those seeking growth, the momentum is here.

15/10/2025

How do you measure a healthy tech ecosystem?

For investors and founders, it all comes down to exits. That was the topic of our exclusive session this morning, where our data analyst Margaret Awojide Awojide, Data Analyst at TechCabal Insights, took the fuel and roundtable stage at by TechCabal to explore the State of Exits in Africa.

She highlighted that while M&A deals are leading the market, particularly in fintech, the data also points to more IPOs and cross-border expansion in the near future.

11/09/2025

Africa is one of the most remittance-dependent regions in the world, and this dependence continues to cost the continent heavily.

That’s why , in partnership with , is piloting USDC stablecoin settlements that cut out foreign correspondent banks. Their network already connects 500 wallets and 200 million bank accounts across 40+ African markets.

In this case study, we break down how Onafriq’s approach could save African businesses billions and lay the foundation for a more self-reliant pan-African financial system.

👉 Download the full report: https://insights.techcabal.com/report/state-of-tech-in-africa-h1-2025-report/

14/02/2025

It’s Out: The State of Tech in Africa 2024 Full-Year Review

Africa’s tech ecosystem is maturing and growing in resilience. The funding heights of 2021 and 2022 look so far off and a reset may just be at hand

Here’s a look at the key highlights from 2024:
💰Total VC funding stood at $2.21 billion, with fintech leading at $1.04 billion, while housing/prop-tech startups received the least at $2.2 million.
📉While funding declined overall, some markets saw major gains: Uganda (+304%), Tanzania (+108%), and Côte d'Ivoire (+97%) attracted more investment compared to 2023, signaling that investors may be diversifying beyond the usual hotspots.
🤝2024 recorded 39 acquisitions with fintechs leading the way while Software-as-a-service startups experienced a 600% YoY increase.
🌍Startups pushed for growth despite economic pressures, with 38 expansions—more than double the 16 recorded in 2023.
📜Regulatory activities took centre stage across established and emerging sectors like fintech and Artificial Intelligence.

What will 2025 look like for founders, investors, regulators, and the digital economy as a whole?

Find out in our report using the link in bio!.

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