![Natalie Cowling](https://cdn.statcdn.com/static/../CMS/contactperson/ERI3664_1691586009.png)
Annual funding amount raised by start-ups in Africa 2019-2023
In 2023, the annual funding raised by start-ups in Africa dropped to 2.8 billion U.S. dollars. This represents a decrease of around 49 percent from a high of 4.6 million U.S. dollars recorded in the previous year.