
African Startups Raise $102m In July As Equity Funding Slumps - LEADERSHIP Newspapers
In July 2026, African start-ups raised a total of $102 million, with debt financing making up the majority of the funding. The report highlighted a significant decline in equity investment, with only $25 million raised through equity rounds, marking the lowest monthly equity total since April 2019.
African Startups Raise $102m In July As Equity Funding Slumps LEADERSHIP Newspapers
| Aug 13, 2026 | OPay | $400.0M | IPO | Nigeria |
| Aug 07, 2026 | Lagos startup | $5.3M | — | Nigeria |
| Aug 04, 2026 | PalmPay | $175.0M | — | Nigeria |
| Aug 04, 2026 | $102.0M | — | Nigeria |