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
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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!

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