African Tech Start-ups Raised US$ 560 Million in VC funding in 2017, a 53% YoY Growth

Partech Africa publishes its annual report on the financing of African Startups.

The African tech scene has definitively turned another corner this year with increasing venture capital commitments to African start-ups, a larger number of transactions, 128 in total, and a broader geographic distribution.

Africa is not just grabbing the world’s attention: African entrepreneurs are leveraging tech & digital to tackle the continent’s fundamental challenges. They are the leading innovators in key verticals, leapfrogging usages, and Venture Capital has become the core catalyst to these opportunities.

You can download the full report here.