Africa’s startup investment landscape is beginning to shift beyond its traditional powerhouses, with countries such as Tanzania, Morocco and Côte d’Ivoire emerging as fast-growing venture capital destinations even as Nigeria and Egypt continue to dominate the continent’s funding rankings.
A new report by Africa: The Big Deal, shows that though Nigeria, Egypt, Kenya and South Africa remained Africa’s four largest startup ecosystems in the first half of 2026, investors are expanding into newer markets.
The four countries accounted for 58 percent of all startup funding raised across Africa during the first six months of the year, a smaller share than in previous years despite attracting most of the continent’s largest investment rounds.
Beyond the Big Four, Tanzania, Côte d’Ivoire and Morocco each attracted more than $25 million in startup funding during the period, highlighting growing investor appetite for markets that until recently sat on the fringes of Africa’s technology ecosystem.
This post was originally published on this site.
