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African tech startups — PC Tech Magazine

Funding for startups

As more people enter into entrepreneurship on the continent, investors, both within and outside Africa, are getting attracted.

Last year, African tech startups received $560 million in funding from local and international investors. This is an increase from the $366 million raised in 2016.

Naspers, Africa’s biggest e-commerce and digital company, last year invested as much as $69 million investment in TakeALot, a South African e-Commerce startup.

 

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Mildred Europa Taylor

Mildred Europa Taylor is a writer and content creator. She loves writing about health and women's issues in Africa and the African diaspora.

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