Africa’s venture space attracts global interest

African startups are on an upward fundraising trend in 2020 and global investors are taking note. Last year the amount of venture capital channeled into African opportunities surpassed the $725.6M raised in 2018 by nearly $500,000. There were over ninety African companies that raised over a million dollars each in 2019, with Nigerian companies attracting the lion’s share of over $650 million.