Emerging Tech and Renewable Energy Brighten Startup Landscape in DR Congo
- The DRC secured $62 million in startup funding in 2023, positioning it as the leading contributor to the year-on-year growth of startup funding in the Central Africa region.
- Ghana has seen a decline in investments, falling to seventh place with $57 million raised in 2023.
- Kenya emerged as the leader in Africa's startup funding, followed by Egypt and South Africa.
The Democratic Republic of Congo (DRC) is making significant strides in its startup ecosystem and has become a leading contributor to startup funding growth in the Central Africa region. However, Ghana's decline in investments is a cause for concern. The success of fintech and energy startups in attracting investments shows promising potential for the African startup landscape.
