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Originally published by The Standard BusinessMay 1, 2026
1h ago
Nairobi tops African peers in attracting big startup capital

Nairobi has become Africa’s leading hub for startup funding, attracting nearly $1 billion in 2025, though concerns remain about regulatory issues...
✨ Key Highlights
Nairobi has emerged as Africa's premier hub for startup capital, attracting close to $1 billion in venture capital funding last year.
- The city secured approximately $1 billion (Sh130 billion) in venture capital in the past year.
- Key players mentioned include Founder and Managing Partner at Ascent David Owino, AVCA CEO Abi Mustapha-Maduakor, and Nairobi Securities Exchange CEO Frank Mwiti.
- This achievement was highlighted during the Annual African Private Capital Association conference and Venture Capital Summit 2026.
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