Nigeria's $364 Million Startup Rebound and the Dangote IPO's Digital Frenzy

Nigeria's startup ecosystem posted a stunning $364.1 million funding haul in August 2026, a 7,330% month-on-month surge from July's $4.9 million. The rebound was powered by a mega deal from logistics unicorn Moove, which closed a $250 million Series C at a $2.1 billion valuation with backing from Mubadala and Woven Capital. The transaction alone accounted for 69% of the month's total capital, but even without it, funding reached $114.1 million — far above...