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Browsing: Ejara
- Analysts have termed Central Africa as a sleeping Giant, yet to awaken as the region recorded the least funding for startups in 2022.
- In 2022, Central Africa was by far the region where start-ups raised the least funding through deals worth $100,000 and over with a total of $51 million according to the latest report by The Big Deal.
- While the region represented only 1.1 percent of the funding raised on the continent, Year on Year growth was commendable, as start-ups raised more than double the amount that had been raised in 2021 ($24 million).
Analysts have termed Central Africa a sleeping giant, yet to awaken as the region recorded the least funding for startups in 2022.
Max Cuvellier from The Big Deal says there is a huge potential in the region despite the depressed numbers.
“This is not to say that there isn’t talent or potential in the DRC, …
