Africa’s innovation story has often been framed by scarcity, from limited funding and infrastructure to constrained access to capital. The latest Africa Blockchain Report , published by Crypto Valley Venture Capital (CV VC) in partnership with Absa , presents an interesting paradox.
In 2025, Africa recorded its highest-ever share of global blockchain deals, even as its share of global blockchain funding declined significantly. African blockchain startups still secured US$90.1 million across 28 deals, while blockchain accounted for 5.3% of all venture funding on the continent, nearly double the global average.
What these figures suggest is that Africa’s blockchain ecosystem is maturing in a different way. Nearly 68% of blockchain funding has been invested in businesses building core financial infrastructure and services, rather than speculative cryptocurrency plays.
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