Nigeria startups raised 60% of African tech funding in 2021 – US

Nigeria startups raised 60% of African tech funding in 2021 – US


The United States has said that Nigeria got the most of the tech startup funding in Africa for 2021.

Speaking at the Nigeria Tech Summit on Friday in Abuja, the U.S. Ambassador to Nigeria, Mary Beth Leonard, said African startups raised about $2.9 billion in total, whereas Nigerian based companies raised $1.7 billion.

She said, “Africa-based tech startups have raised more than $2.9 billion. Nigerian startups, which are creating new products, services, and platforms, raised $1.7 billion of this total or about 60% of it. Africa boasts a total of seven tech…

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Nigeria startups raised 60% of African tech funding in 2021 – US

 

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