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Emerging Markets

Africa’s startup funding crashes 80% as investors switch to debt finance

Nairametrics · 1h ago · 🇳🇬 Nigeria

Africa’s startup funding crashes 80% as investors switch to debt finance

Africa’s startup funding activity slowed sharply in July 2026, with 47 startups raising a combined $102.2 million across disclosed deals. Data compiled by Nairametrics shows that the funding landscape remained heavily concentrated, as the top 10 funded startups attracted $88.85 million, accounting for 86.94% of all capital raised during the month. This means nearly nine […] The post Africa’s startup funding crashes 80% as investors switch to debt finance appeared first on Nairametrics .

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