Kenyan startup funding slips to Sh16.3bn in first half of 2026
The report shows Kenya ranked third in Africa for startup funding, behind Egypt, which attracted Sh42.3 billion, and Nigeria, which raised Sh32.8 billion...
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Kenyan startups secured Sh16.3 billion in funding during the first half of 2026, a slight decrease from the previous year, according to Africa: The Big Deal.
- Kenyan startups raised Sh16.3 billion in the first half of 2026.
- Kenya ranked third in Africa for startup funding, behind Egypt (Sh42.3 billion) and Nigeria (Sh32.8 billion).
- This follows a strong 2025 performance where Kenyan startups raised approximately Sh126 billion, driven by clean energy ventures.
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Kenyan startup funding slips to Sh16.3bn in first half of 2026 - July 2026
Kenyan startups secured Sh16.3 billion in funding during the first half of 2026, a slight decrease from the previous year, according to Africa: The Big Deal. A Kenyan skincare retailer, The Ivy League Beauty Shop, has introduced a unique payment platform called the Skincare Wallet to overcome customer purchasing barriers related to upfront costs. The founder of Kenyan Afro-luxury fashion brand Zanta Adeyde, Anyango Omondi, was inspired to create her business from her previous work in a Kenyan abattoir, transforming animal by-products into high-end fashion items.
