African startups drew record $5.2 billion in venture capital last year, industry group says - Reuters


4/19/2022 12:00:00 AM3 yearsago

African start-ups attracted a record $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.

JOHANNESBURG, April 18 (Reuters) - African start-ups attracted a record $5.2 billion in venture capital last year, bouncing back from a pandemic-induced dip in 2020 with a nearly five-fold increase i… [+1734 chars]

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