In the first half of 2026, African tech funding totaled $1.44 billion, driven by significant mergers and acquisitions, debt financing, and advancements in artificial intelligence restructuring. This funding milestone reflects the evolving landscape of the tech ecosystem in Africa.

Catalyst Fund has raised $30 million for its investment strategy focused on climate resilience in Africa, with new investors including the International Finance Corporation, Shell Foundation, and Trafigura Foundation. The fund aims to support early-stage startups that are developing solutions to climate-related challenges across the continent, reflecting a growing interest in adaptation technologies.

African electric mobility company Spiro has raised $55 million from Chinese growth-stage fund NewTrails Capital, increasing its total funding to $270 million. This investment aims to support Spiro's expansion of electric vehicle and battery-swapping infrastructure across the continent, as announced on June 22.

African startups raised a combined $2.10 billion in funding over the first eight months of 2026, according to an analysis by TechCabal. The report highlights a strong August in which startups secured $438 million, driven by mega-deals alongside early-stage grants. The figures suggest sustained investor interest in the continent's technology ecosystem, with both large funding rounds and smaller grants contributing to the total. TechCabal's analysis tracks deal activity across the African startup landscape during the period.

Egyptian education technology company 3C Coding School has raised $3 million in a Seed funding round, according to CIO Africa. The EdTech startup, which focuses on coding education, plans to use the new capital to support its growth and operations. The funding represents a notable investment in Egypt's expanding education technology sector, where startups teaching digital and programming skills continue to attract investor interest. Further details about the investors involved or the company's specific expansion plans were not disclosed in the report.

AXIAN Group and the African Development Bank have launched a digital finance programme aimed at supporting more than 34,000 women-led businesses across five African countries. According to TechTrends KE, the initiative is backed by the bank's Affirmative Finance Action for Women in Africa (AFAWA) programme and seeks to address persistent financing and digital inclusion gaps affecting women entrepreneurs on the continent.