Obafela Killa
3x Founder helping Entrepreneurs & Professionals Maximize their Potential and Dominate
August was supposed to be a quiet month. Funding typically slows down, investors take vacations, and startup announcements dwindle to a trickle. But sometimes, the quiet months reveal the most about who's really building for the long term.
Despite August's traditionally slow pace, 2025 is still on track to outperform 2024's entire $2.2 billion in African startup funding. This isn't happening because of one massive round or a sudden influx of capital. It's happening because entrepreneurs learned something crucial from the past three years of uncertainty: great businesses aren't built in great months – they're built through all months.
While everyone focused on the big funding announcements earlier in the year, the real story was unfolding in the background. Startups that raised money in Q1 and Q2 were using August to execute, refine, and prove their business models work regardless of external conditions.
Startups that postponed fundraising in August not because they couldn't raise, but because they didn't need to. They'd built lean operations that could weather seasonal fluctuations without external capital dependency.
This is what sustainable growth looks like, and it's completely different from the growth-at-all-costs mentality that dominated 2021-2022.
Truth 1: Your Business Model Should Work in August
If your startup only thrives when investor attention is high, media coverage is strong, and market sentiment is positive, you don't have a business – you have a marketing campaign.
August forces you to answer the hard question: does your product solve a real problem that customers pay for consistently, regardless of external buzz? The startups that grew through August have products that work whether TechCrunch is covering them or not.
Truth 2: Operational Excellence Beats Fundraising Excellence
The companies building sustainable businesses are using August to optimize their operations, improve their unit economics, and strengthen their teams. While others are waiting for "funding season" to restart, these entrepreneurs are making their businesses more valuable every day.
Companies are reducing their customer acquisition costs, increasing their lifetime value metrics, and building stronger product-market fit – all without announcing a single funding round.
Truth 3: Long-Term Thinking is a Competitive Advantage
In a landscape where most entrepreneurs are obsessed with the next six months, thinking in three-year cycles becomes a massive competitive advantage. August is revealing which companies are building for 2030, not just for the next funding round.
African entrepreneurs operate in an environment where external factors can change rapidly: currency fluctuations, regulatory shifts, infrastructure challenges, and global investment sentiment swings. Building a business that only works under perfect conditions is building a house of cards.
The entrepreneurs who thrive understand that consistency matters more than intensity. Building steady growth through August is more valuable than explosive growth in January if it's not sustainable.
Consider Koolboks—the solar-powered refrigeration startup that's manufacturing 2,400 units yearly while others chase AI trends. They're not building for headlines; they're building for markets that need solutions every month, including August.
From "fundraise and spend" to "build and validate": Instead of raising money to buy growth, focus on building products so good that customers buy growth for you.
From "always be fundraising" to "always be improving": Use quiet months to make your business fundamentally better rather than just better at raising money.
From "growth at all costs" to "sustainable value creation": Optimize for metrics that matter in August just as much as they matter in peak seasons.
The companies that will define Africa's next decade aren't just surviving uncertainty – they're getting stronger because of it. Here's how they think differently:
They build diverse revenue streams that don't all depend on the same external factors. If one stream slows down in August, others continue flowing.
They optimize for cash efficiency rather than just growth metrics. They know that runway matters more than valuation when markets get uncertain.
They create value for customers that compounds over time rather than requiring constant external validation or investment to maintain.
First, audit your business through the "August test." If all external support disappeared: no media coverage, no investor interest, no industry events, would your customers still buy your product? Would your business still grow?
Second, identify which of your growth levers are internal versus external. Can you improve your conversion rates, reduce churn, or increase lifetime value without raising more money or getting more press coverage?
Third, build systems and processes that work consistently rather than requiring heroic efforts. The businesses that thrive through quiet months have operations that run smoothly whether the founder is working 80-hour weeks or taking a vacation.
August 2025 is teaching us that the most important growth happens when no one's watching. The entrepreneurs building the next generation of African success stories aren't waiting for perfect conditions – they're creating value regardless of conditions.
That's exactly how you build something that lasts.
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