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BD Insider, Letter 93: A review of happenings in Africa’s tech ecosystem

2021 is Africa's tech ecosystem's most exciting year yet, over $4.27 billion was jointly raised by startups. We look at the ups and downs of the year.
4 minute read
BD Insider, Letter 93: A review of happenings in Africa’s tech ecosystem

This is a blog copy of the 93rd version of our weekly newsletter, BD Insider. Subscribers get to read it first and can take action based on it.


As you continue with your holidays, we thought we should throw back to some of the memorable moments in the African tech ecosystem that we covered this year.

Since January, tech startups operating across Africa have jointly raised over $4.27 billion in 800+ deals, this record quadrupled the $1.1 billion that was pumped into the continent last year. While this is good news, regulations, especially, in Nigeria was a tense experience for the ecosystem.

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Last updated: January 22, 2025

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