With over $2.3bn, the region represents just under a quarter of all the funding raised by start-ups in Africa since 2019. After a small dip in 2021 (-12% YoY), it is having a very strong beginning of 2022: start-ups in the region have already raised nearly $850m (as of May 31st), which is already more (50% more actually) than they had raised in the whole of 2021. The vast majority of the funding raised in Eastern Africa goes to Kenya: with $1.9bn+ raised since 2019, it has attracted 84% of the regional funding during the period...
Mambo, Eastern Africa?
Mambo, Eastern Africa?
Mambo, Eastern Africa?
With over $2.3bn, the region represents just under a quarter of all the funding raised by start-ups in Africa since 2019. After a small dip in 2021 (-12% YoY), it is having a very strong beginning of 2022: start-ups in the region have already raised nearly $850m (as of May 31st), which is already more (50% more actually) than they had raised in the whole of 2021. The vast majority of the funding raised in Eastern Africa goes to Kenya: with $1.9bn+ raised since 2019, it has attracted 84% of the regional funding during the period...