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Nigeria Attracts US$635 Million in Startup Funding During January–September 2026

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← All business news Nigeria Attracts US$635 Million in Startup Funding During January–September 2026
A report published on 21 October said Nigerian startups attracted approximately US$635 million during the first nine months of 2026, reclaiming the country’s leading position in African startup funding for the period. The report identified Moove’s US$250...
A report published on 21 October said Nigerian startups attracted approximately US$635 million during the first nine months of 2026, reclaiming the country’s leading position in African startup funding for the period. The report identified Moove’s US$250 million, Jumia’s US$50 million and Yellow Card’s US$40 million among major reported transactions; some other funding figures were estimates rather than directly confirmed disclosures. Founders, investors and accelerators can explore opportunities in fundraising preparation, financial planning and market expansion. HPC can support feasibility studies, business intelligence and scalable digital infrastructure; the US$635 million figure represents reported ecosystem funding, not an HPC service fee.
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