African Startups Drew Record US$ 5,2 Billion in Venture Capital Last Year
Selasa, 19 April 2022 | 16:36 WIB
ILUSTRASI. African start-ups last year bouncing back from a pandemic-induced dip in 2020 with a nearly five-fold increase in investments. REUTERS/Siphiwe Sibeko
KONTAN.CO.ID - JOHANNESBURG. African start-ups attracted a record US$ 5,2 billion in venture capital last year, bouncing back from a pandemic-induced dip in 2020 with a nearly five-fold increase in investments. According to data released by an industry group on Tuesday.
The success of companies like Nigeria's Paystack, acquired in 2020 by US payments firm Stripe and fellow fintech Flutterwave, valued at over US$ 3 billion, has fuelled international interest in up-and-coming businesses on the continent.
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