{"id":720,"date":"2024-01-10T04:42:17","date_gmt":"2024-01-10T04:42:17","guid":{"rendered":"https:\/\/graph.co.ke\/blog\/?p=720"},"modified":"2024-01-10T04:42:19","modified_gmt":"2024-01-10T04:42:19","slug":"kenya-becomes-no-1-in-startup-capital-raising-in-africa","status":"publish","type":"post","link":"https:\/\/graph.co.ke\/blog\/2024\/01\/10\/kenya-becomes-no-1-in-startup-capital-raising-in-africa\/","title":{"rendered":"Kenya becomes no 1 in startup capital raising in Africa"},"content":{"rendered":"\n<p>Kenya was No. 1 in funds raised by startups in Africa last year, beating Egypt, South Africa &amp; Nigeria, bagging 28% of all funds raised on the continent. In East Africa, its share grew from 86% in 2022 to 91% in 2023, highlighting its regional dominance<\/p>\n\n\n\n<p>Funding raised by <strong>startups<\/strong> in Africa in 2023: 1. <strong>Kenya<\/strong>: $800M 2. Egypt: $640M 3. South Africa: $600M.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"516\" height=\"508\" src=\"https:\/\/graph.co.ke\/blog\/wp-content\/uploads\/2024\/01\/image.png\" alt=\"\" class=\"wp-image-721\" srcset=\"https:\/\/graph.co.ke\/blog\/wp-content\/uploads\/2024\/01\/image.png 516w, https:\/\/graph.co.ke\/blog\/wp-content\/uploads\/2024\/01\/image-300x295.png 300w\" sizes=\"(max-width: 516px) 100vw, 516px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Kenya was No. 1 in funds raised by startups in Africa last year, beating Egypt, South Africa &amp; Nigeria, bagging 28% of all funds raised on the continent. In East Africa, its share grew from 86% in 2022 to 91% in 2023, highlighting its regional dominance Funding raised by startups in Africa in 2023: 1. Kenya: $800M 2. Egypt: $640M 3. South Africa: $600M.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-720","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kenya becomes no 1 in startup capital raising in Africa - Graph Technologies<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/graph.co.ke\/blog\/2024\/01\/10\/kenya-becomes-no-1-in-startup-capital-raising-in-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kenya becomes no 1 in startup capital raising in Africa - Graph Technologies\" \/>\n<meta property=\"og:description\" content=\"Kenya was No. 1 in funds raised by startups in Africa last year, beating Egypt, South Africa &amp; Nigeria, bagging 28% of all funds raised on the continent. 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