East Africa received the most funding from startup investors for the second year in a row, attributed to more investment directed to Kenya, a new report shows. The Big Deal Africa report shows that the Eastern African region received $725 million in 2024, representing an 18 percent drop from the year before. “Kenya alone ($638m)…...
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Kenya, East Africa leads in startup funding received in 2024
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
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Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
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