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Technext · Nigeria · African startups raised more than US$1.2bn in H1 2026, down 17% year on year, with one Chinese-backed deal skewing June
Reports capital concentrating in about 15 of Africa's roughly 7,600 urban centres, with women-led startups' share falling, a geography-of-capital critique alongside the headline number.
“Only 15 cities attract most startup funding into Africa; 7,585 other urban centres ignored.”