African tech startups raised a record $4.5 billion in funding during the first half of the year, according to a new report. This represents a 50% increase compared to the same period last year.
Fintech companies led the funding rounds, with notable investments in Nigerian and Kenyan startups. The report also highlights growing interest from international venture capital firms in Africa's tech ecosystem.
Key sectors attracting investment include fintech, logistics, healthtech, and agritech. The report predicts continued growth in the coming years.
