Concentration
Four countries hold 81% of disclosed capital
South Africa, Nigeria, Kenya, Egypt account for $35.9B of $44.6B raised by startups with a known HQ.
Funding Index · all years
FundingsUpdated daily
Startup funding in Africa
223 disclosed rounds worth $3.3B in 2026 so far, out of 6,517 rounds and $44.6B on the record.
- Raised · 2026
- $3.3B
- disclosed
- Rounds · 2026
- 223
- year to date
- All rounds
- 6,517
- on record
- All raised
- $44.6B
- disclosed
Round
- Seed
- Pre-seed
- Grant
- Venture
- Debt Financing
- Series A
- Non-equity Assistance
- Funding Round
- Series B
- Angel
- Private Equity
- Convertible Note
- Series C
- Corporate
- Equity Crowdfunding
- Series D
- Post-IPO Equity
- Series E
- Post-IPO Debt
- Pre-Series A
- Secondary Market
- Series Unknown
- Initial Coin Offering
- Series F
- Early Stage Venture
- Pre-Series C
- Growth Equity
- Accelerator
- Product Crowdfunding
- Seed Round
Country
- Nigeria
- Kenya
- Egypt
- South Africa
- Ghana
- Morocco
- Uganda
- Rwanda
- Tunisia
- Côte D'ivoire
- Senegal
- Tanzania
- Dr Congo
- Zambia
- Mauritius
- Ethiopia
- Cameroon
- Algeria
- Mali
- Zimbabwe
- Togo
- Egypt, Arab Rep.
- Angola
- Sierra Leone
- Cote D'ivoire
- Malawi
- Somalia
- Guinea
- Mozambique
- Burkina Faso
- Lesotho
- Benin
- Botswana
- Seychelles
- Namibia
- Sudan
- Libya
- Madagascar
- Liberia
- United States
- Congo
- Gabon
- Mauritania
- Eswatini
- Djibouti
- France
Sector
- Financial Services
- FinTech
- Health Care
- E-Commerce
- AgTech
- Energy
- EdTech
- Information Technology & Services
- Agriculture
- Transportation
- Education
- logistics
- Renewable Energy
- SaaS
- Manufacturing
- Artificial Intelligence
- Banking
- Ecommerce
- marketplace
- Insurance
- Human Resources
- Big Data
- PropTech
- Biotechnology
- Automotive
- Finance
- Food and Beverage
- Software
- Retail
- Advertising
- MedTech
- Health
- Payments
- Blockchain
- Information Technology
- Consumer Goods
- Gaming
- internet
- E-Learning
- InsurTech
Size · $20M – $50M
Capital raised by month
$3.3B↗ +4% vs same months 2025
DecFebAprJunAugOct
SLA Funding Index · Oct is partial
Capital by round type
18%Debt Financing · largest share
Debt Financing$7.9B
Venture$4.6B
Post-IPO Debt$4.0B
Series A$4.0B
Series B$4.0B
Private Equity$3.5B
SLA Funding Index · all rounds on record
Capital by country
29%South Africa · largest share
SLA Funding Index · all rounds on record, by startup HQ
Latest rounds222 · newest first
All 6,517 rounds →| # | Startup | Round | Amount | Date |
|---|---|---|---|---|
| 1 |  MNT-HalanFinancial Services · Giza | IPO | $37M | 24 Sep 2026 |
| 2 |  PaymobFinancial Services · Cairo | Pre-Series C | $35M | 21 Sep 2026 |
| 3 |  valUFinancial Services · 6 October | Debt Financing | $21M | 09 Sep 2026 |
| 4 |  JumiaConsumer Goods · Lagos | Venture | $50M | 11 Aug 2026 |
| 5 |  MomentFinTech · Cape Town | Series A | $22M | 04 Aug 2026 |
| 6 |  Yellow CardFinTech · Lagos | Venture | $40M | 04 Aug 2026 |
| 7 |  BlnkBNPL · Giza | Venture | $37M | 24 Jul 2026 |
| 8 |  BridgementFinancial Services · Sandton | Debt Financing | $20M | 07 Jul 2026 |
| 9 | BlnkBNPL · Giza | Debt Financing | $25M | 08 Jun 2026 |
| 10 |  NALABanking · Dar Es Salaam | Debt Financing | $25M | 28 May 2026 |
SLA Funding Index · as of 10 Oct 2026
Your view shows the first 10 rounds of each search.
What the funding data shows
Instrument
Debt is 27% of disclosed capital
$12.0B of $44.6B on the record was raised as debt, loans or credit facilities rather than equity.
Funding Index · all years
Pace
2026 is 4% ahead of 2025 so far
$3.3B across 223 rounds this year, against $3.2B across 432 in the same months of 2025.
Funding Index · monthly
Frequently asked about startup funding in Africa
- How much have African startups raised in 2026?
- $3.3B across 223 disclosed rounds as of 10 Oct 2026. Undisclosed rounds count towards deals but not towards the total.
- How many startup funding rounds does StartupList Africa track?
- 6,517 rounds worth $44.6B in disclosed funding are on the record.
- Which African countries raise the most startup funding?
- South Africa ($12.8B), Nigeria ($8.7B), Kenya ($8.0B), Egypt ($6.3B), by disclosed capital raised by startups headquartered there.
- Which type of round brings in the most capital?
- Debt Financing rounds account for 18% of disclosed capital on the record, $7.9B across 467 rounds.
- How much African startup funding is debt?
- 27% of disclosed capital on the record ($12.0B) was raised as debt, loans or credit facilities.
- How often is funding data updated?
- Our funding database is updated daily. We track disclosed rounds from press releases, regulatory filings, investor announcements, and verified startup submissions.
- What funding stages are tracked?
- We track all stages including Pre-Seed, Seed, Series A through Series E+, as well as alternative capital types like angel investments, grants, debt financing, and convertible notes.
- How is the funding amount determined?
- Amounts shown are the disclosed USD equivalent at the time of announcement. Where the round was denominated in local currency, we convert using the exchange rate on the announcement date.
- Can I filter funding rounds?
- Yes. Filter by year, round type, country, sector and deal size. Each view has its own address you can share or cite, for example startuplist.africa/fundings/nigeria/2025.
- What does 'undisclosed' mean?
- Some startups announce that they've raised capital without revealing the exact amount. These rounds are recorded as 'undisclosed' and are included in deal counts but excluded from capital totals.
- How can I add or correct funding data?
- Founders and investors can submit funding data through our platform. If you spot an error, use the feedback button on any funding detail page or contact us at team@startuplist.africa.
