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Funding raised by start-ups in Africa Q1 2019- Q1 2024
In the fourth quarter of 2024, 63 start-ups in Africa managed to secure at least one million U.S. dollars. In the same period, the funding raised by start-ups (comprising equity and debt) in Africa amounted to 500 million U.S. dollars. During the period reviewed, the highest number of start-ups raising at least one million U.S. dollars was registered in the first quarter of 2022, at 125. The total amount raised by those startups reached 1.8 million U.S. dollars.