Africa’s startups have raised over $700 million in Q1 2026. Here’s what the numbers say.

African startups raised $705 million across 59 deals in Q1 2026, with debt financing accounting for the majority of capital. Fintech led in deal volume, while Egypt attracted the most funding, followed by South Africa and Kenya.

Moniepoint raises additional $90 million to complete $200 million Series C round

“We have seen more interest coming slowly from global investors, especially those that have seen other emerging markets,” Ross Strike, Moniepoint’s senior vice president said

African startups raised $1.2 billion in H1 2025 as funding rebounds

African startups raised $1.2 billion in the first half of the year. This is an 86% increase over the same period last year (H1 2024).