LONDON - African startups raised a record $5.3 billion last year, though that may be the high-water mark as a deepening slump in the technology industry reduces the funding pool.
While investment in 2022 exceeded the previous year by just $100,000, the number of deals jumped 20% to 964, according to data from Briter Bridges, a market intelligences company.
It is noteworthy to mention that global slowdown has pushed tech companies to fire employees.
