Africa’s $1.5 Billion Funding and Its Untapped Entrepreneurial Potential
- Africa secured $1.5 billion in equity funding in 2024.
- Africa accounts for 5% of global GDP but 18% of the world's population.
- Only 0.6% of the global $275 billion funding raised in 2024 went to Africa.
The disparity in funding for Africa compared to its potential is concerning and suggests a need for a shift in investor perception. Recognizing the continent's entrepreneurial spirit and market opportunities could lead to significant advancements and innovations that benefit both local and global economies.
