Insights

Africa's private markets, explained

Research and commentary on Africa’s private markets.

Market analysis Africa Counts 10 Unicorns in 2026 As of September 2026, ten African-headquartered private companies hold valuations of $1 billion or more. Nigeria accounts for six, fintech dominates, and the list has added three names since 2021 while one valuation has come under pressure. Data from Afridigest and Partech Africa show what this says about late-stage capital allocation on the continent. · 8 min read

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