African startups raise $2.49B in nine months as Q3 rebounds

African startups raised $2.49 billion across 315 disclosed deals in the first nine months of 2026, up 7.8% year-on-year from $2.30 billion. Q3 funding jumped to $1.025 billion across 167 deals from $785 million a year earlier. Nigeria led with $624 million, followed by Egypt ($396 million) and Benin ($345 million).

• $2.49B raised across 315 deals in nine months, up 7.8% year-on-year
• Q3 brought $1.025B across 167 deals, up from $785M in Q3 2025
• Nigeria leads with $624M, followed by Egypt ($396M) and Benin ($345M)
• Fund managers secured $3.08B in LP commitments in Q1–Q3 2026