Nigerian startups got 35% of $4bn raised in Africa

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Nigerian startups got 35% of $4bn raised in Africa – Report

« on: December 14, 2021, 01:10:08 pm »

Nigerian startups got 35% of $4bn raised in Africa – Report

Nigerian start-ups accounted for 35 per cent or $1.4bn of the $4bn raised in Africa this year, according to a new report. The report by thebigdeal.gumroad.com tracked deals by start-ups in Africa from $100,000 and above. It said Nigeria raised $1.4bn from 215 deals, South Africa got $838m from 118 deals, Egypt raised $588m from…

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