Startups in Africa have continued to raise money amid the global economic slowdown and the funding crunch.

Although Africa might just represent 1% of the global venture funding as of the first quarter of 2022, the continent's share of the global funding continues to rise and is looking to even break records going into the future.

In 2022, the African startup landscape has witnessed some of the biggest players in startup funding, with most of the active investors involved in a number of $100k+ funding deals – both publicly disclosed, and shared confidentially – in several African startups.