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469 African tech startup investment falls 28% to $2.4bn in 2023 as global “funding winter” begins to bite

Disrupt Africa
Tom Jackson @ Disrupt Africa 1 place · 01/29/2024 01:00 EDT

African tech startup investment falls 28% to $2.4bn in 2023 as global “funding winter” begins to bite

Total investment into the African tech startup ecosystem fell by 27.8 per cent to US$2.4 billion in 2023 as the impacts of the global capital shortage began to make themselves felt on the continent. This is according to the ninth edition of the annual African Tech Startups Funding Report released by startup news and research [...]

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