0 SHARES Share Tweet, NAIROBI, Kenya, Jan 21 – Kenya remains Africa’s lead market for total funding of its tech startups, by securing a whooping US149 million – Sh15.04bn in 2019. This is according to the African Tech Startups Funding Report 2019, which outlines the fintech sector as the most popular area of investment. ADVERTISEMENTThe report ranked Nigeria second behind Kenya, followed by Egypt, which pushed South Africa out of the third spot. However, South Africa’s growth slowed during the period,” says the Disrupt Africa sponsored report. Overall, the number of investors in African tech startups jumped by 61 percent during the period to hit 261.

Source: The North Africa Journal January 21, 2020 09:56 UTC