2018 Was Breakout Year For African Startups On Funding (See Plot)

This is an update to an earlier post on startup funding in Africa. This particular note puts the numbers in context across years. Ecommerce is fading while fintech is the bull. According to numbers compiled in WeeTracker’s Venture Investments Report 2018, US$726 million was invested across 458 deals in African startups. That is a 300% gigantic leap in the total funding amount and over 127% increase in the number of deals as compared to 2017.   LinkedIn Comment on Feed Interesting insights, but it would be great to have more investment in healthtech, agritech, edtech and cleantech; the problems of ecommerce are well … Continue reading 2018 Was Breakout Year For African Startups On Funding (See Plot)