African Startups Surge with $442 Million Funding in October

African startups witnessed a remarkable surge in funding throughout October 2025, raising a total of $442 million. This significant increase represents a dramatic 215.7% jump compared to the previous month’s figure of $140 million, according to data from Africa the Big Deal. October becomes the second-best funded month for startups on the continent this year, trailing only July with $550 million raised. Further analysis reveals that equity funding contributed a whopping 76% of total funding during October, highlighting growing investor confidence in the burgeoning African startup ecosystem.