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REPORT: THE STATE OF TECH IN AFRICA


The numbers are in for 2022:

Africa raised $4.8 billion in Q2 2022 alone, up by 5% from 2021’s total VC funding raised.

The fintech sector raised about 37% of funding in that period.
Acquisitions increased by 35% from 32 in 2021 to an all-time high of 48 in 2022.

Over 1,000 tech workers were laid off in Africa.

Technology in Africa is growing at an unprecedented rate and we want you to have a bird’s eye view of it. The State of Tech in Africa report has launched.

Don't miss a thing, download it here..

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