- Big Four attract just 46% of October funding.
- Equity rises as fewer start-ups secure investment.
ACCRA, GHANA – Africa’s traditional start-up funding heavyweights lost ground in October as Morocco and Tanzania attracted major deals, exposing a changing but increasingly selective investment market.
Nigeria, Egypt, Kenya and South Africa secured just 46% of the $183 million raised, their lowest monthly share since November 2022.
This article is free to read.
Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.
Create your free account or sign in