Record Funding Drive by African Startups Masks Challenges Ahead — Bloomberg
According to data from Briter Bridges, while investment in 2022 exceeded the previous year by just $100,000, the number of deals jumped 20% to 964.
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Rent-to-Buy Firm Planet42 Gets $100M to Grow in South Africa, Open Shop in Mexico
Fund raising by African startups is set to reach $5 billion in 2021, a higher amount than the figure raised in the previous three years combined, according to an industry forecast.
Africa Now Has 643 Tech Hubs Which Play “Pivotal” Role For Business
Briter Bridges founder Dario Giuliani adds: 'African economies are witnessing a fast rise in the degree of business activity, 'with a special concentration in major cities such as Cairo, Nairobi, Lagos, Abidjan, and Dar es Salaam. Several 'secondary' cities such as Mombasa, Ouagadougou, Douala, and Alexandria are also showing signs of fast growth, he told me.
Funding To Female Founders In Africa Declines In 2020 And Other Findings From A New Briter Bridges Report
Today, Briter Bridges published a new report, 'Gender & Demographics in Africa’s Green & Digital Transformation'. The data confirmed the experiences of women in Africa's tech ecosystem but nonetheless established an important numerical baseline against which to measure progress.