African startups attract $2.49 billion as investors back fewer, bigger deals

African startups raised $2.49 billion in the first nine months of 2026, as a stronger third quarter lifted funding across the continent, even as the number of disclosed deals fell significantly from the previous year. Data published by TechCabal showed that the total represented a 7.8 per cent increase on the $2.30 billion recorded across […] The post African startups attract $2.49 billion as investors back fewer, bigger deals appeared first on Marketing Edge Magazine.

  Business   Oct 16, 2026   0   17  Add to Reading List
African startups attract $2.49 billion as investors back fewer, bigger deals












African startups raised $2.49 billion in the first nine months of 2026, as a stronger third quarter lifted funding across the continent, even as the number of disclosed deals fell significantly from the previous year. Data published by TechCabal showed that the total represented a 7.8 per cent increase on the $2.30 billion recorded across […]

The post African startups attract $2.49 billion as investors back fewer, bigger deals appeared first on Marketing Edge Magazine.

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