African Startups Raise More Than $2 Billion in 2026
African startups have raised more than $2 billion in funding in 2026, excluding exits, according to investment tracker Africa: The Big Deal.
Key Developments
Critical business developments shaping Africa’s economic future
Trending News
Skoot Launches Electric Three-Wheeler in Kenya with Battery Swapping Technology
Skoot Technology has officially introduced its Skoot e3W, an electric three-wheeler for commercial drivers in Kenya, featuring SUN Mobility’s swap-and-go battery technology and distributed locally by Car & General.
Black Ostrich Ventures Launches $20M Fund to Back African Startups Outside of the ‘Big Four’
Black Ostrich Ventures, a US-based venture capital firm, has launched a $20 million fund to invest in startups outside of the four major African markets: Nigeria, South Africa, Egypt, and Kenya.
Nigeria’s ThriveAgric Partners With Heifer International to Financially Empower 125,000 Farmers
ThriveAgric, a Nigerian agritech company, has announced a new initiative to empower 125,000 farmers across the country financially.
New Investments
Latest funding rounds and investment opportunities across the continent
Cascador and Sterling Bank Announce $200 Million Fund to Expand Nigerian SME Lending
Cascador and Sterling Bank have announced a $200 million SME Credit Backstop Fund designed to help Nigerian small and medium-sized enterprises secure larger, longer-term bank loans with lower collateral requirements.
Rwanda Launches $15 Million Global Crop Biotechnology Initiative to Boost Food Security
A new five-year international initiative backed by the Bill & Melinda Gates Foundation has been launched to advance crop biotechnology and bolster food security in Rwanda.
Africa50 Names Sérgio Pimenta CEO of its $275 Million Infrastructure Acceleration Fund
Africa50, the leading pan-African infrastructure investor and multi-vehicle asset manager, has announced the appointment of Sérgio Pimenta as Chief Executive Officer of its Infrastructure Acceleration Fund (IAF).
Google Names Alex Okosi as Managing Director for Africa
Google has announced the appointment of Alex Okosi as Managing Director for Africa.
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