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African Private Capital Association: VC inflows to Africa fell 22% YoY to $3.6B in 2024, after a 31% YoY drop in 2023; fintechs had 116 deals raising


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2025-04-14 11:44:35
milo
Cybersecurity Business

Ruth Olurounbi / Bloomberg:

African Private Capital Association: VC inflows to Africa fell 22% YoY to $3.6B in 2024, after a 31% YoY drop in 2023; fintechs had 116 deals raising $1.4B  —  Venture capital funding for African startups shrank again last year, though the share of home-grown investors advanced.




Ruth Olurounbi / Bloomberg:

African Private Capital Association: VC inflows to Africa fell 22% YoY to $3.6B in 2024, after a 31% YoY drop in 2023; fintechs had 116 deals raising $1.4B  —  Venture capital funding for African startups shrank again last year, though the share of home-grown investors advanced.



Source: TechMeme
Source Link: http://www.techmeme.com/250414/p11#a250414p11


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