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Tech : two unicorns, Moniepoint and Tyme Group, in 2024

According to Africa: The Big Deal, African startups raised $2.2 billion in 2024 through equity, debt, and grants, a 25% drop from $2.9 billion in 2023. A slow H1 ($800M raised) was followed by a strong H2 rebound ($1.4B), featuring two unicorns: Moniepoint and Tyme Group. Despite the decline, 188 startups secured $1M or more, highlighting ecosystem resilience.

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