As Africa’s tech ecosystem continues to evolve, several companies are making significant strides in solving local problems, attracting investment, and scaling their operations across the continent and beyond.
Here are 10 African tech companies we think are poised to make an impact in 2025:
Flutterwave
Headquarters: Lagos, Nigeria
Sector: Fintech
Flutterwave remains a juggernaut in Africa’s fintech landscape. Known for enabling seamless payments for businesses and individuals, the company is expanding its footprint with strategic partnerships and innovative solutions.
Flutterwave’s CEO has made hints this year that the startup is taking things together as it prepares at an IPO, but no specific timeline has been stated. So, will 2025 still the listing of Flutterwave on the New York Stock Exhange? We’ll see.
Kofa
Headquarters: Accra, Ghana
Sector: Mobility
Kofa is at the forefront of Ghana’s push for sustainable mobility through its innovative electric vehicle (EV) solutions. The company is known for its battery-swapping technology, which eliminates long charging times and provides an affordable, eco-friendly alternative to traditional fuel-powered transportation.
Kofa’s modular battery stations are designed to support motorbikes and small EVs, catering to the growing urban demand for efficient and environmentally conscious mobility.
This year, the company received an investment from its partners to expand its battery swapping stations across the country. As Ghana looks to push to its EV agenda, Kofa will be a player to look at in the coming year.
Zeepay
Headquarters: Accra, Ghana
Sector: Fintech
Zeepay is revolutionizing remittances in Africa. As a mobile money company, it allows Africans in the diaspora to send funds directly to mobile wallets back home, bypassing traditional banking systems.
Zeepay was one of the few Ghanaian fintechs to receive investments earlier this year. The company also received a license from the Bank of Ghana which could potentially make it one of the few companies next year to allow outward and inbounds remittances to Ghana.
mPharma
Headquarters: Accra, Ghana
Sector: Healthtech
Healthtech leader mPharma is addressing Africa’s healthcare access challenges. Through its innovative solutions for pharmacy management and affordable medications, the company is tackling drug affordability and availability across the continent.
Already in several location including Nigeria, Zambia, Kenya, Rwanda, and Ethiopia, the healthtech company has been making strides in Africa.
mPharma has also formed a close partnership with Amazon, utilising Amazon Web Service to scale its operations.
eCampus
Headquarters: Accra, Ghana
Sector: Edtech
eCampus has been quietly transforming education through its online learning platform in Ghana. By personalizing educational content and providing actionable analytics for teachers and learners, the platform is gaining traction in Ghana and beyond.
This year, the company announced its visual rebrand and detailed its new offerings including its Compliance as a service (Caas) platform.
With the global push towards digital literacy, eCampus is well-positioned to expand its influence in 2025.
LemFi
Headquarters: London, UK (African-focused)
Sector: Fintech
LemFi is simplifying financial access for African immigrants. By offering low-cost remittances and multi-currency accounts, the platform is addressing the needs of Africa’s growing diaspora community.
The company has since opened up to different corridors around the world including Brazil and Mexico.
Its innovative approach to bridging financial gaps ensures it will remain a favorite for migrants and expats in 2025.
EMTECH
Headquarters: New York, US
Sector: Fintech (Regulatory Compliance)
EMTECH is reshaping Africa’s financial systems by offering cutting-edge, cloud-based solutions designed to enhance the efficiency of financial institutions.
Through its innovative platform, Emtech helps banks and fintech companies streamline operations, improve security, and enhance regulatory compliance.
The company received investments from Accenture in 2024 and started pushing its services of Compliance automation.
Moove
Headquarters: UAE
Sector: Mobility
Moove is transforming vehicle ownership in Africa by providing innovative financing solutions tailored to mobility entrepreneurs.
Focused on enabling drivers in ride-hailing and delivery services, Moove’s unique model offers flexible, revenue-based vehicle financing, allowing individuals to pay through a portion of their weekly earnings.
The company made big news in 2024 including the acquisition of a $100 million investment which included investments from Uber. The company also announced its partnership with Waymo in the US.
Fido
Headquarters: Accra, Ghana
Sector: Fintech
Fido is revolutionizing access to financial services in Africa by providing microloans to underserved populations.
Through its mobile platform, Fido offers fast, easy, and accessible loans without the need for traditional banking infrastructure. The company’s credit scoring system allows individuals, particularly in rural and low-income areas, to access funds based on their transaction history.
The company raised a whopping $30 million in its Series B round to help expand its services and push new offerings to customers.
YellowCard
Headquarters: Atlanta, US (Africa focused)
Sector: Crypto
YellowCard is simplifying access to cryptocurrency in Africa, making it easier for people to buy, sell, and store digital assets.
With a focus on financial inclusion, Yellowcard provides an easy-to-use platform that enables individuals to trade cryptocurrencies using local currencies, such as the Nigerian naira.
YellowCard made headlines this year when they announced their $33 million raise which would allow them to expand more across Africa with new offerings.
As stablecoins get more and more popular, YellowCard is in a great position to cement their place as market leaders.
These companies represent the diverse and dynamic nature of Africa’s tech ecosystem, with solutions spanning fintech, edtech, and healthtech. As 2025 approaches, their growth and innovation will play a pivotal role in shaping Africa’s digital transformation and global influence.
