African startup funding falls 28% to $2.4 billion in 2023
Riding the aftershock of the global capital crisis, startups in Africa experienced less access to funding than in 2022.
Staff Writer
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African start-up funding drops
A report by Disrupt Africa shows that funding by African start-ups for the first nine months of the year is down 48% from the same period last year.
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Kenya is Africa’s second most popular investment destination – start-up report
Research shows that between January 2015 and November 2022, 242 tech start-ups raised a combined US$1,281,918,200.
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Africa’s tech start-ups attracted US$2bn investment in 2021
564 start-ups raised a combined US$2,148,517,500 last year, according to just-released market research.
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Africa’s Fintech ecosystem continues to excite say researchers
Number of active Fintech start-ups has increased by 89.4% between 2017 and 2021, according to collaborative research by Disrupt Africa, Flutterwave and GreenHouse Capital.
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Africa’s e-health start-ups get lion’s share of investment capital
About US$625,6m of the US$701.4m total funding for African start-ups in 2020 went to Nigeria, Kenya, South Africa and Egypt.
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Africa’s disclosed VC investments reached US$2.4bn in 2020
Despite COVID-19 disruptions, investor interest in African start-ups remained strong, with fintech retaining the lion's share of total funding, says Briter Bridges.
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African tech start-up funding passes US$700m in 2020
397 start-ups raised US$701.5 million in total funding according to African Tech Startups Funding Report 2020.
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Global Voice Group scouts for African tech start-up investment
ICT and reg-tech solutions provider offers an opportunity for start-ups to access up to US$300,000 in funding.
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Start-ups selected to compete at Africa Tech Summit Connects
12 start-ups are looking to raise either pre-seed, seed, or Series A funding.
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Africa’s e-health sector booming
Start-up numbers and investment reach record high according to research.
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Kenyan data analytics start-up turns heads at Summit
Superfluid Labs wins ENGIE Challenge at event in Kigali.