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Africa’s climate-tech boom deepens Big Four funding divide

Worsening floods, droughts as a result of climate change hit Africa. Photo by Matt Palmer @ Unsplash
Worsening floods, droughts as a result of climate change hit Africa. Photo by Matt Palmer @ Unsplash

Kingsley Kobo

Kingsley Kobo is an expert on Francophone West and Central Africa, with over 15 years' experience covering business, finance, politics, tech, and more across both regions.
  • Kenya, South Africa, Nigeria and Egypt capture over 80% of climate-tech funding.
  • Early-stage firms and smaller markets still struggle for capital.

 

DAKAR, SENEGAL – Africa’s climate-tech boom is gathering pace, but more than 80% of funding still flows to just four countries, widening the continent’s investment divide.

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