Browsing: Funding Raised By Startups in Africa since 2019

western Africa startups
  • Western Africa startups have received the highest funding since 2019 to date according to the latest report by Africa: The Big Deal. 
  • The report released on Tuesday indicates that Western Africa startups have received $5.1 billion from 2019 to October 2023. 
  • Eastern Africa came in second having received $3 billion in the period under review while Northern Africa followed with $2.5 billion worth of deals. 

Western Africa startups have received the highest funding since 2019 to October 2023, according to the latest report by Africa: The Big Deal. The report, released on Tuesday, indicates that Western African startups have received $5.1 billion from 2019 to October 2023.

Eastern Africa came in second, having received $3 billion in the period under review, while Northern Africa followed with $2.5 billion worth of deals. In East Africa, 84 per cent of all the funding raised since 2019 was raised by startups in …