Nairobi, Jan. 19 -- Kenyan startups attracted $984 million (Sh126.9 billion) in funding in 2025, receiving the largest debt and equity financing in Africa for the second year, according to a research firm that tracks such transactions in on the continent.

Young companies in the country had raised funding of $638 million (Sh82.3 billion at current exchange rates) in 2024 when they also led the rest of the continent in receiving capital to back their growth.

This represented an increase of 54.2 percent, with startups in energy and consumer credit among the prominent firms that received funding in the review period.

The research by Africa: The Big Deal covers debt and equity deals of more than $100,000 (Sh12.9 million) and excludes exits....