Africa’s Startup Funding Rebounds to $455m in August 2026, Driven by Mega Deals

African startups recorded a sharp recovery in funding activity in August 2026, with 31 ventures securing funding rounds of $100,000 or more and raising a combined $455 million, excluding exits. The monthly total marked a significant rebound from July’s subdued performance of $102 million. In value terms, August was one of the strongest months of the year, surpassing the previous 12-month monthly average of $220 million by more than two times.