The Trends Driving African Tech Funding in H1 2026

A slow April and May were rescued by a handful of landmark deals in June, holding Africa's startup funding steady through H1 2026. At roughly $1.36 billion, the half-year total came in almost level with H1 2025, but that flat number hides one of the biggest shifts the ecosystem has seen in years. Debt is catching up to equity. Capital is concentrating in fewer, larger deals. The funding map is spreading beyond the Big Four. And M&A is at a record high. The full report breaks down each of these trends, with sector and country-level detail and an outlook on what H2 2026 holds.

Download the Around Investment H1 2026 report.