Fintech and Logistics Dominate African Start-up Funding in H1 2026
African startups raised $1.35 billion in the first half of 2026 (excluding exits), but the headline figure masks an
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Funding rounds, new funds and acquisitions from 2025 and 2026.
The Nedbank Group, yesterday announced that it has entered into a binding agreement to acquire 100% of fintech innovator iKhokha
Cerebrium, the serverless artificial intelligence (AI) platform founded in Cape Town and now headquartered in New York City, has raised
The Standard Bank Group (Standard Bank) has extended a R400 million working capital facility to local earned wage access (EWA)
Kholo Capital has invested R200 million in Bayport South Africa (BayPort SA) through its Kholo Capital Mezzanine Debt Fund. The
Local fintech Stitch has acquired Efficacy Payments, a digital payments company that specialises in card acquiring and cash deposit solutions.
African startups raised $365 million in funding for the month of June, pushing total funding raised in the first half
African financial services startup, Wave Mobile Money (Wave), has secured €117m (+$2.4 billion) in debt financing to expand its
Local startup Open Access Energy (OAE) has secured $1.8 million in seed funding to scale its platform and meet
African startups continued their strong momentum in May 2025, raising a total of $254 million across 36 disclosed deals. This
Impact investor Vital Capital (Vital) has announced a strategic investment in Vastpoint, a land and geospatial solutions startup working to
African venture capital (VC) firm Anza Capital has announced the launch of its second fund, Fund II, in the United
Zero Carbon Charge (CHARGE), a Cape Town-based startup pioneering a national network of off-grid solar powered electric vehicles