African Startups Raise $306m in Third-Quarter As Downturn Persists
[ad_1] TLDR African tech startups secured $306.4 million in Q3 2024, totaling $836.5 million for the year with a 40% decline from 2023. Global capital shortage slows tech ecosystem funding, with Q1 & Q2 2024 witnessing a 50% drop compared to 2023. Notable funding from NALA, MNT-Halan, and Paymob hint at potential recovery as new funds emerge. African tech startups secured $306.4 million in funding during Q3 2024, bringing the total for the year so far to $836.5 million, a […]