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Nigeria leads Africa's $435m startup funding surge in August

African startup funding jumped over 325% in August, with Nigeria accounting for the largest share. The rebound follows a period of slower investment activity on the continent, marking a shift in capital allocation trends.

Sources: businessamlive.com

“This surge signals renewed investor confidence in Nigeria’s tech ecosystem, contrasting with broader global funding slowdowns and positioning the country as a key driver for Africa’s startup growth.”
— StartupReader
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