In 2025, investment in African blockchain startups witnessed a significant downturn, with funding totaling $90.1 million across 28 deals, marking a 26.6% decline from the previous year's $122.8 million. This contraction is further underscored by blockchain's diminishing share of Africa's overall venture capital, which fell to 5.3% in 2025 from 8% in 2024. South Africa remained the leading market, securing $17.5 million, while Nigeria and Kenya followed with $12.4 million and $12.9 million, respectively. Notably, offshore entities, particularly from the US, UAE, and UK, accounted for a substantial portion of the funding, indicating a reliance on external capital. The largest transaction was Kredete's $22 million round, aimed at enhancing financial access for African immigrants, highlighting a trend towards pan-African ventures that dominate the funding landscape. Despite this decline, global blockchain funding rose by 28.8%, with the Middle East emerging as a key growth region, contrasting sharply with Africa's challenges.
Source: Fintech News ME
