Nigeria Leads Africa in Start-Up Funding with $4.6B Raised Since 2019
Nigeria has raised $4.6 billion in startup funding since 2019, leading the African continent. Kenya ranks second with $3.4 billion in startup funding, showcasing its overachievement relative to its GDP.
Moroccan Startups Secure $70 Million in 2024, as East Africa Leads Investment Trends Across Africa
Moroccan startups raised $70 million in 2024. Morocco ranks fifth in Africa for startup funding.
Kenya, Nigeria and Egypt Attracted The Most Startup Funding in 2024
Kenya ranked first in startup funding in 2024. Kenya attracted more than $638 million for startups.
African startups raised $2.2B in 2024, down $2.4B from 2022
Egypt launches e-voting platform to enhance governance. African startups raised $2.2B in 2024, down from $2.9B in 2023.
Orange Egypt’s $52.7M Tech Investment Transforms Youth Innovation
Orange Egypt commits $52.7 million to technology innovation in Africa. Investment coincides with the second phase of 5G licensing in Egypt.
