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Reading: H1 African startup funding hits $1.35 billion, up 78% YoY
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African News Herald > Blog > Technology > H1 African startup funding hits $1.35 billion, up 78% YoY
Technology

H1 African startup funding hits $1.35 billion, up 78% YoY

ANH Team
Last updated: July 5, 2025 7:10 pm
ANH Team
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Telecom Egypt’s role in landing the cable and ensuring strong terrestrial connections highlights the country’s strategic position in the global data landscape. With increasing demand for reliable and high-capacity connectivity, Egypt’s investment in infrastructure like the SEA-ME-WE-6 cable is a key step in meeting the needs of a growing digital economy.

Overall, the completion of the cable landings marks a significant milestone in enhancing connectivity between Asia, Africa, and Europe. As more data flows across these regions, the SEA-ME-WE-6 cable will play a crucial role in supporting the growth of digital services, enabling faster and more reliable communication for businesses and individuals alike.

In conclusion, the recent developments in African funding, Ghana’s regulatory reforms, and Telecom Egypt’s infrastructure investments all point to a region that is actively shaping its digital future. With increased investment, regulatory clarity, and improved connectivity, African countries are positioning themselves as key players in the global tech landscape, driving innovation, economic growth, and digital inclusion across the continent.

Telecom Egypt has recently made significant progress in its subsea activities, with the latest landing marking a key milestone in the company’s strategic partnerships. SubCom’s CEO, David Coughlan, expressed his satisfaction with the collaboration and confirmed that the project is well on track for full deployment.

This landing is part of Telecom Egypt’s broader efforts to enhance its subsea connectivity. In the past year, the company has joined forces with industry leaders such as Mobily, ASN, ZOI, and Alcatel to either land or co-develop new subsea systems. Egypt is emerging as a pivotal subsea hub in Africa, with crucial connections to Europe, Asia, the Gulf, and soon, even Australia through Google’s upcoming Umoja cable.

See also  Australian startup PropertyRender transforms property development in Africa with innovative proptech solutions

With projects like 2Africa, Equiano, Africa-1, and now SEA-ME-WE-6, it is evident that the digital future of the continent is being shaped beneath the waves, and Egypt is at the forefront of this transformation.

In other news, opportunities abound for professionals in the tech and business sectors. Pitch Friday is scheduled for June 11, 2025, offering a platform for innovative ideas. Lagos Business School is actively recruiting, and Kuda has 37 open positions. MasterCard is seeking a Head of Impact Labs, while Jumia is looking for a Chief Marketing Officer. Sun King has an opening for a Workforce Planning Analyst in Nigeria.

For entrepreneurs, Equity Merchants CommunityConnect provides a valuable networking platform to engage with peers, experts, and investors. Additionally, Techpoint Africa welcomes feedback to enhance its services and offerings. Startups and product creators can pitch their ideas to a live audience, while potential vendors can explore opportunities to sell their products through Techpoint Africa.

Stay informed about the latest trends and news in African tech by following Techpoint Africa’s WhatsApp channel. Have a great weekend ahead!

Written by Victoria Fakiya for Techpoint Africa.

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