{
Gabriella Mulligan

People

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African tech startup funding drops over 50 percent amid global capital shortage

Investment in the African tech startup ecosystem plummeted by over 50% in 2024, totaling $1.1 billion, marking the second consecutive year of decline amid a global capital shortage. Despite the downturn, the "big four" markets—Nigeria, Egypt, Kenya, and South Africa—maintained their funding share, with fintech remaining the most favored sector, albeit also experiencing a significant drop in investment. As the number of active investors decreased by 35%, hopes for recovery are bolstered by improving Q4 2024 and Q1 2025 figures.
Disrupt Africa
United States Dollar Tom Cruise Gabriella Mulligan
Finance & Economy, Market Report
07:00 04.03.2025
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USA CHN GBR CHE DEU IND FRA JPN CAN VNM SGP AUS MEX ITA ARE THA ESP MYS TWN NLD
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Tesla, Inc. Apple Inc. Barclays PLC JPMorgan Chase & Co. Deutsche Bank Money Market PP Credit Suisse Strategic Income I The Goldman Sachs Group, Inc. Berkshire Hathaway Inc. SpaceXCoin USD Bank of America Corporation UBS Group AG BNP Paribas SA Banco Santander, S.A. Lloyds Banking Group plc NVIDIA Corporation Jenoptik AG Bank Frick AG Air France-KLM Amazon.com, Inc. Wells Fargo & Company
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Donald Trump Elon Musk JD Vance Sergio Ermotti Warren Buffett Mark Haefele Jennifer Piepszak Ursula von der Leyen Olivier Calvet Scott Bessent Karoline Leavitt George Saravelos Francois Xavier Bouvignies Joseph Spak Robin Leopold Susan P. Crawford Greg Rubini Stefan Rauti Dan Ives Narendra Modi

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