Record-breaking $560m for African tech startups in 2017, says report
submitted almost 8 years ago by taya
submitted almost 8 years ago by taya
- African tech startups are gaining attention and funding, with $560 million invested in 124 startups in 2017, marking a 53% increase from the previous year.
- The growth is driven by economic trends, smartphone adoption, and a dynamic startup scene, with online, mobile, and financial inclusion services receiving the majority of funding.
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