The gloomy global economy portends danger for startups, especially fintechs, according to ‘Africa: The Big Deal report. The report noted that in 2024 so far, start-up funding in Africa is not quite what it was in previous years, in line with a global context that remains quite gloomy.
Consequently, Africa: The Big Deal said the sector that’s attracted the most funding in 2024 so far is not Fintech but Logistics & Transport (29 per cent, $215 million); and Energy & Water is a not-so-distant third (18 per cent, $132 million).
Read more at Guardian
Consequently, Africa: The Big Deal said the sector that’s attracted the most funding in 2024 so far is not Fintech but Logistics & Transport (29 per cent, $215 million); and Energy & Water is a not-so-distant third (18 per cent, $132 million).
Read more at Guardian
