African Tech Sector Sees VC Funding Rebound, New Partnerships, and Skills Expansion - September 2025

African venture capital funding is rebounding in 2025, with total funding already exceeding US$2 billion across 500 deals, doubling the figures from the same period in 2024. In the fintech space, Fincra and Reap signed a Memorandum of Understanding (MoU) to innovate card and cross-border payment solutions to enhance trade between Africa and Asia. To address youth unemployment, the non-profit Binary Tree has expanded its digital skills training across Africa and Asia, empowering over 1,100 students. In another development, Smart Applications International Limited, a biometric and healthcare technology firm operating in 12 African countries, has been recognized as a Superbrand.