Mergers and acquisitions (M&A) activity in Africa’s startup ecosystem rose sharply in 2025, with 67 deals recorded—a 72% increase signalling growing maturity in the continent’s venture landscape. Because acquisitions are the dominant form of startup exit in Africa, the increase points to improving liquidity for founders and investors.

Nigeria is entering a pivotal moment in global energy markets. As oil prices surge by over 40% amid supply disruptions in the Middle East, Nigeria is beginning to reverse a long-standing paradox—shifting from a major importer of refined fuel to a potential regional supplier.