While global tech funding plummeted, Africa’s ecosystem shines on

Since Disrupt Africa began publishing its annual funding report, the number of startups to secure funding has continuously increased each year, growing by 406 percent since 2015. The average deal size has also risen dramatically, and in the fintech space, it came to more than $7m, a giant leap from $5.6m in 2021. African tech is here to solve major issues, often making it and its founders more essential than nice-to-have tech products. The trend is expected to continue upward, and intelligent investors could benefit.

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