Research: African tech startups raised $1.55B in 71 debt deals in 2022, up from $767M in 2021, and startup funding rose 8% YoY, compared to a 35% drop globally (Ruth Olurounbi/Bloomberg)
Ruth Olurounbi / Bloomberg:
Research: African tech startups raised $1.55B in 71 debt deals in 2022, up from $767M in 2021, and startup funding rose 8% YoY, compared to a 35% drop globally — African startups more than doubled the amount of debt they raised last year, a surge that may continue as an economic slowdown …
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Research: African tech startups raised $1.55B in 71 debt deals in 2022, up from $767M in 2021, and startup funding rose 8% YoY, compared to a 35% drop globally (Ruth Olurounbi/Bloomberg)
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January 24, 2023
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