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Nigeria reclaims Africa’s startup funding lead as investment hits $635m - Businessday NG
Nigeria has reclaimed its position as Africa's leading destination for startup funding, raising $635 million in the first nine months of 2026. This marks a significant increase compared to the previous year, driven by a shift in investment towards logistics and transport sectors.
Nigeria reclaims Africa’s startup funding lead as investment hits $635m Businessday NG
| Oct 19, 2026 | Minicor | $3.8M | Seed | Nigeria |
| Oct 18, 2026 | Fegho Umunubo Foundation | — | Grant | Nigeria |
| Oct 16, 2026 | Beacon Power Services | $10.0M | Debt | Nigeria |
| Oct 09, 2026 | Vatar | $500K | Angel | Nigeria |
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