Will H1 2026 cross the $1B mark? Funding hits $887M despite deal slump
African startup funding 2026 reached $887M in 4 months. Despite a 51% deal drop, debt is driving the ecosystem toward $1B.
African startup funding 2026 reached $887M in 4 months. Despite a 51% deal drop, debt is driving the ecosystem toward $1B.
Data revenue rose 14.4% to KES 83.4 billion ($646 million), compared with a 1.3% increase in voice revenue to KES 81.8 billion ($634 million).
In today's edition: Zenith Bank plans Cameroon entry || Yoco has a new CEO || Paymenow, PayCurve merge || Airtel Zambia to open 45 stores
Village Capital has deployed $350,000 from its latest fund into two Ghanaian startups, Rivia Clinics and VDL Fulfilment.
“People my age did not know what they wanted to be,” she says, reflecting on the period before she found her niche.
The fund’s launch comes at a time when early-stage funding remains one of the biggest challenges for entrepreneurs in Southern Africa.
Four of Nigeria’s biggest banks paid and hired more in 2025. Access Holdings, United Bank for Africa (UBA) Plc, Zenith Bank, and Wema Bank grew their workforce by 11.16% to 39,658 employees, while total wages and salaries rose 27.49% to ₦1.05 trillion ($769.09 million), an analysis of their audite
Fincra, a Nigerian payments infrastructure provider, has secured a Payment Service Provider Licence (Enhanced Category) from the Bank of Ghana.
In 2026, Vivo is one of the most interesting smartphone brands you can buy from, with a lineup that covers everything from budget workhorses to camera-focused flagships.
In today's edition: StanChart is moving to sell its East Africa headquarters || SA Home Affairs releases draft rules || Mauritania is expanding its Internet capacity || Thunes, Vodacom to tackle payments in Tanzania