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Nairobi tops African peers in attracting big startup capital

Founder and Managing Partner at Ascent David Owino, AVCA CEO Abi Mustapha-Maduakor:and Nairobi Securities Exchange CEO Frank Mwiti during the Annual African Private Capital Association conference and Venture Capital Summit 2026. [Wilberforce Okwiri, Standard]

Nairobi has cemented its position as Africa’s leading destination for startup funding, attracting nearly $1 billion (Sh130 billion) in venture capital last year, according to official data and industry figures.

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