African Blockchain Market Fails to Attract Larger Ticket Sizes

Africa is home to one of the most underfunded blockchain markets globally, despite being a hub for innovative solutions.

Last year saw Kredete, a Nigerian startup founded by Adeola Adedewe, raise $22 million in a Series A funding round, the largest disclosed blockchain transaction on the continent. This was part of 28 such transactions that took place across Africa, which together paint a different picture than what funding totals alone might suggest.

The latest Africa Blockchain Report from CV VC and sponsored by Absa notes that global blockchain venture capital rose 28.8% in 2025 to $15.4 billion, while deal activity fell almost a third, meaning investors wrote larger cheques but did so more selectively. In contrast, funding in Africa declined 26.6%, with deal activity dropping by only two transactions year-on-year.

The continent's share of global blockchain deals climbed to its highest level on record, but its share of global funding almost halved, indicating that Africa is producing the deal flow, yet not capturing larger ticket sizes concentrated elsewhere.