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Nigeria accounts for 14% as African startups raise $56 million in August 2024

nairametrics.com/2024/0...

submitted almost 2 years ago by ubi24

Nigeria accounts for 14% as African startups raise $56 million in August 2024

submitted almost 2 years ago by ubi24

Nigeria accounts for 14% as African startups raise $56 million in August 2024
  • In August, Nigerian fintech company Waza raised $8 million, making it one of the top three deals among African startups that month.
  • This marked a significant drop from the record funding in July, with African startups raising only $56 million in August, the second-slowest month in four years, mostly through equity funding.
Read more on nairametrics.com
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