Kenya has lost its spot as Africa’s top startup funding destination after inflows to Egypt overtook it, underlining the impact of depressed investment activity in the six months to June 2026.
Records show that startups in Kenya attracted $126 million (Sh16.3 billion) in the first half of 2026, to rank third behind Egypt, which attracted $327 million (Sh42.3 billion), and Nigeria, with $254 million (Sh32.9 billion).
