Startup Boom in Africa

Africa's startup scene is brimming with potential - African Business

While some may paint a bleak picture of the African startup ecosystem, it is, in fact, brimming with potential for growth and alpha. Despite ...

The Rise Of African Tech Hubs - CNBC Africa

African tech startups have collectively raised $1.4 billion in the first nine months of 2023, with $492418000 raised in Q3 alone.

African Startups That Use Disruptive Tech Do Better

African startups that incorporate disruptive technologies into their offering tend to be more successful and receive more funding than their peers.

African Startup Ecosystem: Rise, Challenges, and Resilience

Africa was the only region to experience positive year-on-year growth in startup funding, with a 5% increase. In contrast, other regions saw a ...

The Top 10 African Countries Leading the Startup Ecosystem in 2023

... Africa's startup ecosystem, which is thriving, with significant growth and innovation happening across the continent. According to the ...

African Startups: Driving Innovation and Economic Growth

African startups are driving innovation and transforming various sectors across the continent. To further unlock this potential, the African ...

How African startups raised funding in 2023 - TechCrunch

Data trackers set the amount raised by African startups in 2023 at between $2.9 billion and $4.1 billion, from $4.6 billion to $6.5 billion in total funding ...

Is East Africa on track to become the new Tech startup hub of the ...

In recent years, the African continent has seen significant growth in investments in tech startups, accelerating during and after the ...

Digital Africa: How Big Tech and African Startups Are Reshaping the ...

Digitalization is gaining momentum in Africa. Thanks to significant private investment in the continent's digital infrastructure, more Africans have access ...

Why We're Optimistic About the Future of VC in Africa | Endeavor

Growth-stage startups were snapped up by competitors at discounted prices. Overcrowded sectors like fintech, logistics, and B2B ecommerce saw ...

Startup Boom in Africa - World Business Outlook

Moreover, Africa has experienced rapid advancement in technology, particularly in mobile connectivity. According to the GSMA, Africa has over ...

African startup funding landscape analysis - GrowthAfrica

African startups ride the wave of funding, with an average of $800 million elevating their aspirations. Notably, Kenya's $880 million in 2023 ...

Top 20 Most Funded Startups in Africa in 2023

Our analysis of the top 20 most funded startups in Africa reveals a fascinating story of innovation, ambition, and a continent brimming with potential.

Leveraging innovativeness of Africa's youth through startups

The fund could encourage the sharing of knowledge and skills across African countries, thus strengthening the startup landscape. It would ...

Startups in Africa - statistics & facts - Statista

E-commerce startups · Early-stage funding. 2.7m USD. Value of early-stage funding into e-commerce technology companies in Africa from 2019 · Number of funded e- ...

Africa Insights, Rankings & Ecosystem Pages - Startup Genome

Investment in African tech startups increased 113% from 2020 to 2021, at $1.6 billion total. Africa has seen 110% growth in Series B+ rounds from 2020 to 2021.

The African Startup Ecosystem: A Closer Look at the Visionaries ...

The African startup ecosystem is rapidly evolving, driven by a new generation of visionary entrepreneurs who are leveraging technology to solve the continent's ...

Growing Trend: Why African Startups are Choosing to Incorporate ...

In Nigeria, this figure reaches about 80%, as highlighted by U.S. Consul General Will Stevens, with up to 60% of African startups across the ...

How a new wave of tech startups is driving development in Africa

A new wave of African technology startups has recently emerged, increasingly driving leapfrog development through locally adapted “home-grown” digital ...

Africa's growth stage startups reeling as big tech investors withdraw

Africa's most mature startups felt the toughest end of the tech funding crunch of 2023, a new report by venture capital firm Partech said. The ...