Nearly 40% of African Startup Funding Now Comes From Local Investors
By Muktar Oladunmade
Since 2023, African investors have become an increasingly important source of capital for local startups, accounting for nearly 40% of total funding, up from 25%, as global investors continue to pull back from African tech, according to a January 2026 report by Briter, a technology research firm.
Photo courtesy of Monstera Production.
Source: TechCabal (link opens in a new window)
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