African startups and other ventures raised $3.3 billion in the first half of 2026, representing a 73 percent increase from the same period in 2025 and the strongest mid-year funding performance recorded on the continent in a decade.
The figure was disclosed by Briter in its latest Africa Venture Pulse – Current State of Investment 2026, which tracks venture funding activity across Africa between January and June 2026.
Despite the sharp increase in funding, the report shows that capital remains heavily concentrated among a small number of companies, sectors and established startup ecosystems.
The $3.3 billion was spread across 205 disclosed deals, while the median deal size increased by 235 percent year-on-year, rising from $500,000 in the first half of 2025 to $1.7 million in H1 2026.
Briter attributed the increase in median deal size to a growing number of large transactions during the period.
