While Africa recorded a slight dip in funding and deal count in 2023, the tech industry activity in Africa’s venture capital ecosystem is still very strong
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Africa’s "big four" countries – Kenya, Egypt, South Africa, and Nigeria – continue to lead as markets that have long captured attention from global investors, securing 87% of all startup funding in Africa in 2023.
Freelancing has changed the nature of how Africa’s workforce accesses jobs, shifting the source of job opportunities from conventional informal labour to digital and virtual workspace.