> ## Content Index
> Fetch the complete content index at: https://www.techloy.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# INFOGRAPHIC: Startup Funding in Africa and the Middle East — Week 43, 2025
- URL: https://www.techloy.com/infographic-startup-funding-in-africa-and-the-middle-east-week-43-2025/
- Published: 2025-10-24T09:30:53.000Z
- Updated: 2025-10-24T09:30:53.000Z
- Description: Here are the venture funding activities we tracked in the Middle East and African region this week – including Spiro, Moniepoint, Locstat, Julaya, SehaTech and Nanovate
- Author: Emmanuel Umahi
- Tags: / Startups, / Money, Tech in Africa, Tech in the Middle East

It’s been another powerhouse week across Africa and the Middle East, as investors poured hundreds of millions into startups tackling some of the region’s toughest challenges from clean mobility and fintech to next-gen AI.

Leading the pack, Kenya’s mobility startup **Spiro** raced ahead with a massive **$100 million** raise to fuel its mission of providing affordable, accessible mobility to the masses. Also, Africa’s fintech unicorn, **Moniepoint** followed suit, securing $90 **million** in a Series C funding completing a $200 million raise to scale its suite of financial tools for 10 million businesses and individuals across Africa. 

Further south, South African AI startup **Locstat** closed **$2.3 million** in a pre-Series A round to expand its data analytics and decision intelligence platform into the UK and EU markets. Over in Côte d’Ivoire, fintech company **Julaya** secured **$1.4 million** to accelerate its regional expansion, support new product development, and scale client acquisition as it continues redefining digital payments for African enterprises.

![](https://storage.ghost.io/c/c1/a6/c1a6d111-d951-41ad-a392-c1e841210b93/content/images/2025/10/INFOGRAPHIC-Startup-Funding-in-Africa-and-the-Middle-East-----Week-43--2025.png)

Moreso, Egypt-based Insurtech **SehaTech** raised **$1.1 million** in a seed round to advance its AI-driven health insurance platform across Africa. 

And rounding off the week, Cairo-based **Nanovate** raised **$1 million** in pre-seed funding to make AI more accessible to Arabic-speaking businesses. Its focus on localized natural language models and enterprise integrations (like CRMs and ERPs) is opening a new frontier for AI in Arabic.

From fintech and clean mobility to artificial intelligence, this week’s funding streak underscores how fast innovation is moving across Africa and the Middle East and how investors are betting big on startups shaping the continent’s digital, financial, and sustainable future.