Funded e-commerce and retail tech startups in Africa 2019-2023
funded tech start-ups in Africa in 2023.
In 2023, 46 e-commerce and retail tech start-ups in Africa secured funding, dropping 37.8 percent compared to the previous year. Together, these ventures raised nearly 118.4 million U.S. dollars in funds. E-commerce and retail technology start-ups concentrated around 11.3 percent of the total number of