African Tech Startups Funding Report 2024 & Full Startup List

African tech startup funding plummeted in 2024 as the “funding winter” took its toll on the sector.

A total of 200 startups raised US$1,119,802,000 over the course of the year, with the number of funded ventures down 103 per cent on 2023 and total funding down 53.5 per cent.

For the 10th consecutive year, Disrupt Africa is releasing data on the tech investment ecosystem across Africa, contained in the African Tech Startups Funding Report 2024, once again available for FREE. 

The report includes:

• Detailed information on funding activity in four African countries;
• Figures on the number of deals per location, and average deal sizes;
• Data on growth in funds and deals over the past 10 years;
• Highlights of key deals across continent;
• Sector-specific breakdowns across 8 sectors;
• Tracking of acquisitions in 2024.
• The full list of 200 funded tech startups from across Africa, detailing location, sector, when funding was secured and, where we are able to disclose, the investors and approximate amount raised. Any funding amounts disclosed confidentially do not appear in the list.

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