African Tech Rebound in February 2026: Funding Doubles to $346m as Electric Vehicles and Green Energy Lead the Way

African Tech Rebound in February 2026: Funding Doubles to $346m as Electric Vehicles and Green Energy Lead the Way

Investment in African startups surged in February 2026, with the continent’s tech ecosystem securing $346.9 million in a month defined by a pivot toward green technology and electric mobility. According to a funding report by Africa: The Big Deal, the total marks a dramatic recovery from the $174 million recorded in January. “This strong rebound suggests that while traditional financial services remain a pillar of the economy, investor appetite is rapidly diversifying into renewable energy a...
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Top 10 African Countries Leading in Electric Vehicle Adoption

Top 10 African Countries Leading in Electric Vehicle Adoption

As the world moves away from gasoline-powered vehicles to electric vehicles (EVs), several African countries are actively setting up systems and policies to encourage the use of EVs. Although China, Europe, and the USA dominate the global EV market with around 95% of all EV sales in 2023, Africa is also making strides in this area. The electric vehicle market in Africa is expected to grow from an estimated $15.80 billion in 2024 to $25.40 billion by 2029, according to Mordor Intelligence. Despit...
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