BUSINESSTHE RIO TIMES
African Startup Funding Rebounds as Debt Overtakes Equity
African startups raised $1.3 billion in 2026, with fintech leading the funding and debt surpassing equity as the primary funding source across the continent.
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Adjacent reporting
- When all the capital lands in Singapore and goes nowhere else
- Ramp raises $750M at $44B valuation as investors hunger for fintechs with an AI story
- Anduril raises $5B, doubles valuation to $61B
- Networking startup Upscale AI raises $190 million at a $2 billion valuation
- Robotics startup Generalist AI is raising $400 million at a $2 billion valuation
- Collide Capital raises $95M fund to back fintech, future-of-work startups