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State of Tech in Africa - Q2 2022

Innovators, builders and makers continue to choose Tekedia Startup  Masterclass - Tekedia

The numbers are in and hot for Q2 2022

  • Africa raised $1.2 billion in Q2 2022 alone, down 15% from Q1’s total VC funding raised.
  • The cleantech sector raised about 25% of funding in that period.
  • 81% of the total acquisition count from last year has already been achieved in Q2 2022.
  • About 750 tech workers have been laid off in Africa.

Source: TC Daily