Nigeria Leads African Startup Funding With $635 Million Raised in Nine Months
Nigeria attracted $635 million in startup funding between January and September 2026, marking a 157% increase from 2025. Moove led the funding with $250 million, followed by Flutterwave with $100 million and Jumia with $50 million.
Endeavor Catalyst Raises $320 Million to Support High-Growth Startups
Endeavor Catalyst closed a US$320 million investment fund to support high-growth technology companies. The new Fund V increases Endeavor Catalyst’s total assets under management to over US$850 million.
African startups raise $2.16B in nine months as debt falls 33%
African startups raised $2.16 billion between January and September 2026, a 4% decrease from 2025. Equity funding reached $1.5 billion, marking a 23% year-on-year increase.
NeoFleet Capital raises $4 million to finance taxi fleets across Africa and emerging markets
NeoFleet raised $4 million in a pre-seed funding round to scale its taxi fleet financing model. The funding round was backed by DMTech VC and other private investors, including Mark Loughran, who joined as president.
Africa’s Startup Funding Rebounds to $455m in August 2026, Driven by Mega Deals
31 African startups secured funding rounds of $100,000 or more, raising a combined $455 million in August 2026. August's funding total was a significant rebound from July's $102 million, surpassing the previous 12-month monthly average of $220 million.
