Where Does Tech Money Come From?

African startups raised a meagre $400 million in 2015 compared to the $2 billion that came into the continent in 2019. In 2020, tech startups funding surpassed $700 million and this figure is expected to rise in the coming years.

However, the big question is “Where is this tech money coming from?” Relationship Analyst at Ingressive Capital, Ayobamigbe Teriba, gives answers.