The African tech ecosystem raised a total of $3.5B in 2023, but it could have been 2X higher

The African tech ecosystem raised a total of $3.5B in 2023, but it could have been 2X higher

African technology startups secured $3.5B in total funding (equity and debt combined) in 2023, marking a 46% decrease from the previous year, spread across 547 deals (-28% YoY) according to a new report by Partech Africa, the VC fund by Partech, dedicated to technology startups in Africa…
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