Angel Insider

Angel Insider: Africa’s Red-Hot Startup Scene

Angel Insider: Africa’s Red-Hot Startup Scene
By Early Investing
Date October 18, 2022

African startups are on fire right now. According to the African Private Equity and Venture Capital Association, venture capital deals on the continent reached $3.5 billion from January through June this year. That’s more than double the amount in the same period in 2021.

If the current trend continues, fundraising will hit $7 billion this year — 35% more than the $5.2 billion raised in 2021.

In this episode of Angel Insider, Vin Narayanan and Allison Brickell discuss why investors should pay attention to Africa’s exciting startup scene. Topics include…

  • How this funding wave contrasts with startup funding outside of Africa
  • Why fintech startups are getting the majority of funding
  • Which African startups we’ve got our eyes on.

Thanks for watching!

Top Posts on Early Investing