Category: Funding

The ecosystem is still alive and kicking. Indeed, start-ups in Africa have already raised over US$4 billion in 2022. Just like the US$1 billion, US$2 billion, and US$3 billion milestones, they’ve done so faster than any other year before,” the Deal states in part, noting that the market was quieter in July and August months, hence the disappointing Q3 numbers in relative terms.