According to numbers compiled in WeeTracker’s Venture Investments Report 2018, US$726 million was invested across 458 deals in African startups. That is a 300% gigantic leap in the total funding amount and over 127% increase in the number of deals as compared to 2017.

In terms of the number of deals, all inclusive, NIGERIA outperformed all other location with a total of 136 deals. South Africa, which gave it a close competition stood second with 107 deals, followed by Kenya with 73 deals. This trend has a slight deviation from the last year where South Africa had topped the chart. Joining the race this year along with the investor’s preferred destination are countries like Egypt, Uganda, Ghana and Tunisia.

A total of 243 investors participated in the investment landscape in Africa 458 startups raised funding in various rounds throughout the year
80% of the deals were concentrated in South Africa, Nigeria & Kenya. Fintech retained its top position as the sector with most funding.
30 startups made it to the 5 million club of fund raising across the continent.

DETAILS FROM
https://www.tekedia.com/nigeria-leaps-ahead-726-million-invested-in-african-startups-in-458-deals/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+Tekedia+%28Tekedia%29

Sai Buharii

Sai Baba!!!

Buhari is a goal
NEXT LEVEL IS CERTAIN

The twisters of truth and haters of progressiveness are coming to change the narrative as they start countering this awesome news with Inanities and stupid talk

You won't see much traffic on informative and intellectual threads like this.

Of course, it says much about the typical Nigerian mindset...

How do we progress as a people?

Looking for achievements for buhari by all means. Meanwhile ASUU is on strike.

We borrow from America, china, Brazil India. Depending on outsiders to fund start-ups. And you are advertising incompetence.

This confirms that Buhari and PYO are all about the start ups and SMEs which is evident by their programs focused on the abandoned middle and lower class of businesses.

I like this

Children of hate will not see this news??

It's all very well...but the key word is sustainability.

We once heard how we were the fastest growing economy in Africa...until the oil price crashed in 2014.

Buhari is working jare

We have read and have also discern..

February 16 will pave way for A BREATH OF FRESH AIR..

ATIKOBI----2019

Ghost start up

Oblongata:
Buhari is working jare

YOU ARE RIGHT 100%

Please can you list the startups ? The last i checked, investors were fleeing Nigeria. So please, it would help to know these companies, at least, for independent research.

GavelSlam:
Sai Baba

Sai Buhari.

Yeeeesssss oooooo

Stocking:
Buhari is a goal
NEXT LEVEL IS CERTAIN

CONFIRM, correct man!

This is nice.

manny4life:
Please can you list the startups ? The last i checked, investors were fleeing Nigeria. So please, it would help to know these companies, at least, for independent research.

Mention the fleeing investors

wow!

Fintech is the next big thing

Paystack - on path to becoming Africa's stripe , these guys are just amazing! Shola and Ezra are the next collisons

flutter wave

naira box

pay later

interswitch

remita

paga

piggy bank

osusu

cowriepay

amplify

they keep springing up everyday! next big niche in the Tech ecosystem

Good news

Also had 2019 as buhari's achievement....
While Nigeria is the world Poverty capital...
While de Naira is a shadow of itself...
While 30k minimum wage has been a mission impossible...
While ASUU is on strike....
While prices of of commodities are sky rocketing everyday...
While more Nigerians are going into extreme poverty every seconds...
While Nigeria has fallen to their worst two figures inflation rate....
While more companies are shutting down...
While more Nigerians are becoming jobless...

136 new investors while old investors are finding the exit door....... we are always leading with everything

It has always been like that. Don't make it look like an APC achievement. Because the news is that Atiku is going to grow businesses, theyve gone to look for something to feed their gullible folks. Abeg park well

Meanwhile see celebrities that slayed in yellow
https://okpeke.com/8-nigerian-female-celebs-that-slayed-in-yellow/

The direction of this government I guess. Even a hater of buhari agreed that Buhari government has pushed people to go and start up their businesses and not depend on handouts anymore

G-boys have swelled the ranks of Nigeria oooh!...I have every reason to believe this survey factored yahoo plus as a start up.

jamezman:
Also had 2019 as buhari's achievement....
While Nigeria is the world Poverty capital...
While de Naira is a shadow of itself...
While 30k minimum wage has been a mission impossible...
While ASUU is on strike....
While prices of of commodities are sky rocketing everyday...
While more Nigerians are going into extreme poverty every seconds...
While Nigeria has fallen to their worst two figures inflation rate....
While more companies are shutting down...
While more Nigerians are becoming jobless...

have u moved into extreme poverty ? Since it is per second because ur brain does seem rich.

Credited to d die hard nigerian spirit....We must survive whether buhari wants it or not. But for sure back to daura issa goal

Tetehjewels:
This confirms that Buhari and PYO are all about the start ups and SMEs which is evident by their programs focused on the abandoned middle and lower class of businesses.

I like this

....unlike ATIKULOOOTING.....DANSUKILOOTING.....SARAKILOOTER...AND GANDOLLER

fraud!!!!

So you copy a secondary school level research from a no name website and put it on a forum and scream like zombies because of 70 euros per month...... Wow! i hear that Nigeria is really bad but i didnt know that we have gone down to this level.