In 2022, Y Combinator backed 24 African startups in a record-breaking cohort dominated by Nigerian founders. Three years later, some have raised major rounds and made acquisitions, while others have faded from public view.
Bloomberg's 2026 Africa Startups to Watch list challenges the narrative of Nigerian and Kenyan dominance. Nigeria, Kenya, and South Africa each placed four startups on the ranking, while companies from 10 other African countries also made the cut.
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