African InsurTech enters acceleration phase

By MEIR team | 21 Oct 2026

Source: AfricInvest

Investors have deployed over $300m into African InsurTech startups over the past five years. InsurTech funding in Africa expanded rapidly, recording a 44.1% CAGR between 2019 and 2025. Funding peaked at $80.6m in 2025, according to AfricInvest, a pan-African multi-asset investment platform.

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