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As 2025 approaches, venture capitalists across Africa are spotlighting a new wave of startups with significant potential to disrupt markets and drive economic change across the continent.
These ventures, nominated by general partners at eight prominent Africa-focused VC firms, are recognized for their growth potential, innovation, and ability to meet the unique challenges of the African market. From agriculture to fintech, the following companies have caught the eye of investors who believe they are poised for major success in the coming year.
Among the standout names is Carbon Africa, a Nigerian digital marketplace for used cars. Launched in 2023, Carbon has rapidly scaled its operations, offering an AI-powered platform that allows car dealers to access 1,800 unique listings from various dealerships. With a reported eightfold increase in revenue in 2024, investors are particularly bullish on the company’s prospects, attributing its rapid growth to the founders’ deep expertise in the automotive sector. Their prior experience with industry giants like Bolt and Cars45 has provided them with valuable insight into the needs of both dealers and customers.
Another key player is Vallify, an Egyptian RegTech company founded in 2018. Vallify provides digital identity solutions to a range of industries including fintech, e-commerce, and telecommunications. Investors highlight the strong leadership of co-founders Omar Abdelwahed and Ibrahim Eid, whose extensive backgrounds in finance and product development make them well-equipped to tackle the region’s regulatory and technological challenges. With digital identity becoming increasingly important in the global digital economy, Vallify is positioned to play a pivotal role in the MENA region’s tech landscape.
In South Africa, TUNL is drawing attention for its parcel shipping platform that simplifies the export process for merchants and manufacturers in Southern Africa. Founded in 2021, the company’s $1 million pre-seed funding in 2023 reflects confidence in its model, which provides end-to-end services from parcel aggregation to final mile delivery. The ability to streamline complex logistics operations has made TUNL a top pick for investors seeking to capitalize on Africa’s growing e-commerce market.
Agritech is another area where innovation is thriving. Pullus Africa, a Nigerian startup, addresses the challenges of smallholder farmers by providing them with access to reliable market channels for their poultry products. Founded in 2022, Pullus has raised $150,000 in pre-seed funding and continues to evolve its services, which include agricultural extension programs aimed at enhancing productivity. Investors are optimistic about Pullus’ unique approach to connecting farmers with commercial off-takers, a solution that could revolutionize the agricultural supply chain in Nigeria and beyond.
In the health tech sector, Tanel Health is making strides in Senegal by offering a digital insurance platform that connects employers, employees, and healthcare providers. This integrated solution is expanding healthcare access in underserved populations, particularly in countries with low rates of employee insurance coverage. Since its launch in 2020, Tanel has raised $575,000 and continues to build strong momentum with both employers and employees adopting its services.
Meanwhile, Pixii Motors, a Tunisia-based startup, is taking a unique approach to urban transportation. Founded in 2021, Pixii is tackling last-mile delivery and city congestion through electric scooters. The startup’s focus on environmentally-friendly transport and scalable software solutions has captured the attention of investors, who see its subscription-based scooter model as both financially sustainable and potentially disruptive in both African and European markets.
In the realm of clean energy, Earthbond is offering an innovative solution to Africa’s energy challenges. The Nigerian startup connects small and medium-sized businesses with solar solutions, while also exploring the potential of carbon offset credits to unlock foreign exchange inflows. Investors view Earthbond’s asset-light model as one with strong growth potential, particularly as African businesses seek to diversify their energy sources and reduce reliance on fossil fuels.
The rise of digital payment solutions is another notable trend in the region. Konnect, a Tunisia-based startup, is offering online payment services with a range of features such as instant payments and API integration. As North Africa struggles with low digital payment penetration, Konnect is poised to become a leader in the region, particularly as it continues to expand its capabilities and secure partnerships, such as its inclusion in the Visa Africa Fintech Accelerator program.
While these startups represent just a fraction of the exciting innovations happening across Africa, they collectively demonstrate the continent’s growing entrepreneurial spirit. Investors are particularly optimistic about sectors like fintech, agritech, and health tech, which continue to show significant promise in tackling some of Africa’s most pressing challenges, from financial inclusion to healthcare access and clean energy adoption.
2025 promises to be a pivotal year for African startups, with these companies and others paving the way for a more digitally connected and sustainable future. As the continent continues to emerge as a hub of innovation, the next wave of unicorns may be closer than ever.
News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/african-startups-to-watch-in-2025-investors-highlight-high-growth-innovators/
