Subscribe

Subscribe to Our Newsletter

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn't arrive within 3 minutes, check your spam folder.

Ok, Thanks
Startups Money Tech in Africa

CHART: African Startup Funding Declined in January 2024

This makes it the second-dullest month in fundraising since early 2021, with only March 2023 recording lower figures.

Emmanuel Oyedeji profile image
by Emmanuel Oyedeji
Updated
CHART: African Startup Funding Declined in January 2024
Photo by myHQ Workspaces / Unsplash

In January 2024, African startups saw a significant drop in funding, raising only $77 million across 38 (above $100k) disclosed deals, marking an 84.8% year-on-year decrease, per data from Africa: The Big Deal.

Emmanuel Oyedeji profile image
by Emmanuel Oyedeji
Updated

Subscribe to Techloy.com

Get the latest information about companies, products, careers, and funding in the technology industry across emerging markets globally.

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks

Read More