Investment into African tech startups hit the highest levels since records began in 2017, with 159 startups raising in excess of US$195 million. The Disrupt African Tech Startups Funding Report 2017, released this month, reveals a record amount of funding was secured over the course of 2017, by the highest number of startups to date. 500 Startups backed the likes of Printivo, MailHaven and MobileForms via its renowned US-based accelerator, but was active elsewhere too. Y CombinatorLike 500 Startups, Y Combinator has been taking an increasingly large number of African tech startups into its programmes, and investing further down the line as well. The companies mentioned in this article are only a handful of the hundreds of firms, funds and individual investors that backed African tech startups in 2017.

Source: The North Africa Journal January 26, 2018 12:56 UTC