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Discover the top Startups in Africa 🚀✨
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🇲🇦 Morocco's ABA Life has signed Africa's largest healthtech round of 2026: $40M from pan-African private equity firm Admaius Capital Partners.
The healthcare arm of ABA Technology combines clinical AI, medical devices, telemedicine and care operations.
It fits Admaius's strategy. Its Virunga Africa Fund II, launched in May with a $500M target, names Morocco a priority market and health a target sector, with cheques of $15M–$50M.
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The money goes to clinical AI, scaling and expansion beyond Morocco. Closing awaits approval from Morocco's Competition Council.
Full story and the 2026 healthtech ranking 👇
blog.startuplist.africa/arti…
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African startups raised $816M in Q3 2026, and asset finance took $526M of it. 🚗🛵📱☀️
Moove alone raised $250M. Outside Moove, most asset-finance money came in as debt.
Every round of $10M or more 👇
The biggest raisers: Moove $250M, Odyssey $74M, ARC Ride $33M, Mission Mobile $31M, M-KOPA $30M, valU $21M, Spiro $18M.
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Outside the startup count, WIOCC raised $300M for fibre and Gotion Power Morocco took a €100M AfDB loan. With five smaller deals, Q3 comes to $1.32B.
Read more: blog.startuplist.africa/arti…
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🔎 Africa’s fintech IPO watchlist
MNT-Halan • Airtel Money • OPay • PalmPay • Tyme Group • Flutterwave
Where their publicly reported plans stand, from listing preparations to longer-term ambitions.
Older startups are taking a larger share of funding activity in Africa 📊
Companies aged 6+ accounted for 59% of records in Q2 2026, up from 26% in Q4 2023.
Those aged six to nine recorded roughly three times as many fundings as companies aged two or less.
African startups raised $344M in August. 🌍
Eight disclosed rounds covered mobility, payments, defence, workforce software and agriculture.
Moove’s $250M round made up 72.7% of the total. The other seven shared $94M.
Full breakdown: 👇🏾
StartupList Africa retweeted
If you’re following me, I hope you’re not one of the internet warriors bashing @terraindustries ‼️
There’s real opportunity in what they’re building.
My team at @StartupListAF mapped the space, and the opportunities across the value chain are hard to ignore.
Africa’s five biggest years for recorded drone procurement have all come since 2020.
Now @terraindustries has closed a reported $52M seed round.
Could this mark the rise of African defense tech?
The numbers behind the question. 1/8
What would prove African defense tech is becoming an industry?
Contracted demand. Production capacity. Supplier depth. A technical workforce. Field performance. Sustainment. Cross-border access. Capital continuity.
The proof should appear across several companies. 7/8
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We published the full report with the evidence, caveats and sources behind these charts.
Read it here:
blog.startuplist.africa/arti…
Follow StartupList Africa (@StartupListAF) for data and intelligence on African startups and ecosystems. 8/8
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