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
10 African Fintech Startups Ranked Among the Top 300 Globally in 2025
Ten financial technology companies from Africa have been included in the 2025 list of the world’s 300 leading fintech firms, compiled by CNBC and Statista.
World Bank Group Mobilizes Record $22 Billion in Private Capital for Africa
The World Bank Group mobilized approximately $22 billion in private capital for Africa during its 2026 financial year, nearly 150% more than the $9 billion recorded four years earlier.
MasterCard and Premier Bank Launch Digital Payment Platform for Somali Businesses
Mobility startup LULA has announced a significant expansion through the acquisition of UK-based Zeelo’s South African operations.
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.
African Union Pledges $100 Million to Transform Agrifood Systems Across Africa by 2035
The African Union (AU) has pledged to mobilize $100 million in public and private investment to overhaul and strengthen Africa’s agrifood systems by 2035.
Kenya Launches its First Smartphone Assembling Plant
Kenya’s President William Ruto has launched the much anticipated East Africa Device Assembly Kenya Limited (EADAK) in Athi River, Machakos County.
US Firm HYDRO-LINK to Build $1.5 Billion Power Line Linking Angola and DRC
U.S.-based energy company HYDRO-LINK has unveiled a plan to construct a 1,150-kilometre electricity transmission line that will connect Angola with the Democratic Republic of the Congo (DRC).
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