In Q2 ‘22, startups in Africa have raised 2.25x times the amount that they had raised a year before ($1.3bn+ vs.
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Last continent standing: with +125% YoY quarterly growth, Africa is the only continent not to record a significant YoY contraction this quarter
“If we didn’t know the global context, and just looked at the numbers, no one right now would be talking about a slowdown in tech funding in Africa”
