Feed Item

Start-ups in hashtag

#Africa have reached a new milestone: ๐Ÿ’ตย $1 billion ๐Ÿ’ตย in investments raised since the beginning of 2024 ๐Ÿš€

Thanks to large deals from d.light, MNT-Halan & NALA in particular, the total raised in July 2024 will hover around $400 million, more than what was raised in the whole of Q2 2024, and the best monthly performance in over a year.

While the global and local contexts remain tough, it is certainly an encouraging sign, with investments in 2024 already over the total raised in the whole of 2020, pre-funding heatwave...