Kenya led African venture capital in 2025 with over $1 billion raised. We back founders building how the region transacts, trades, and operates, at the stage before the rest of the market arrives.
Kenya, Uganda, Tanzania, and Rwanda are building the financial and commercial infrastructure that will serve the next 200 million internet users on the continent. The M-Pesa ecosystem established a global benchmark for mobile-first financial infrastructure. The companies building the next layer are raising right now.
Kenya's $1.04 billion raised in 2025, driven by fintech and a string of significant debt rounds, signals a maturing ecosystem that is attracting serious institutional attention. The pre-seed and seed layer in East Africa is where the pipeline for the next generation of category leaders is forming.
Kenya's leadership in total African VC funding in 2025 reflects a decade of ecosystem development, regulatory openness, and the compounding effects of early mobile money adoption. Tanzania, Uganda, and Rwanda are following the same arc with more runway ahead of them.
Ajim Capital backs exceptional founders at pre-seed and seed across Kenya, Uganda, Tanzania, and Rwanda.