From about $800 million in funding raised in the first half of 2024, startups funding hit the $1 billion mark in July.
This was disclosed by Africa: The Big Deal in the latest industry report, released yesterday.
Out of the $780 million secured, Kenya garnered $244 million, representing 32 per cent of the total funding raised, while Nigeria received approximately $172 million. Egypt took a share of $101 million, and South Africa secured $85 million.
Read more at GuardianNG
This was disclosed by Africa: The Big Deal in the latest industry report, released yesterday.
Out of the $780 million secured, Kenya garnered $244 million, representing 32 per cent of the total funding raised, while Nigeria received approximately $172 million. Egypt took a share of $101 million, and South Africa secured $85 million.
Read more at GuardianNG
