AfriTech XYZ
  • Home
  • About
  • Podcast
  • Blog
  • Newsletter
  • Home
  • About
  • Podcast
  • Blog
  • Newsletter

Our Blog

Global investment crunch: how African startups can ride the wave

5/24/2023

 
Picture
2022 saw a record-breaking boom in capital raised by African tech startups, with the eighth edition of the annual African Tech Startups Funding Report released by Disrupt Africa in January reporting 633 startups raised a combined $3.3 billion over the course of the year. 

Despite the positive outcomes of 2022 in terms of capital, 2023 has yet to see such a positive yield. In the year's first quarter, startup funding fell by 57.2% compared to the previous year's period. Less than half the number of startups secured funding in the first quarter compared to the year before, with those startups securing a total of $649 million, down from $1.5 billion in April 2022.

Read More

    Archives

    September 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    December 2022
    November 2022
    October 2022
    August 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    October 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    October 2019

    RSS Feed

Our Partners

AfriTech XYZ is powered by Do it Now Now.

Terms and Conditions
Privacy Policy
Cookie Policy
  • Home
  • About
  • Podcast
  • Blog
  • Newsletter