In the first half of 2023, African tech startups experienced a significant drop in funding, with a total of US$1.19 billion raised. This marks a decline of over 50% compared to the corresponding period in 2022, highlighting the continued influence of the global economic climate on investment in the sector. According to the most recent edition of the annual African Tech Startups Funding Report released by Disrupt Africa, available free in partnership with Flat6Labs, MarketForce, 4Di Capital, Mercy Corps Ventures, Newtown Partners, and InsiderPR, 633 African tech startups raised a…
Read MoreAfrican tech VC funding down 50% quarter-on-quarter in H1 2023
