After a record 2022, 8 investors explain why it’s ‘still just Day 1’ for Africa’s startup ecosystem
TechCrunch
FEBRUARY 9, 2023
For the first time, the sector attracted over 1,100 unique investors in 2022, which in turn resulted in a record fundraising haul of $6.5 We also have a very wide top funnel such that in 2022, we made initial contact with over 2,500 startups and ideas, and eventually only partnered with less than 1% of that top of the funnel.
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